What are the strategies to reduce the development gap?

(tick all that apply)

• Aid

• Debt Relief

• Remittances

• Industrial development

• Micro-finance loans

Non-manufactured products are called ________ products

Primary products are usually unreliable and bad as an economic base. Which ones of these provide reasons as to why?

• Over-production

• Dependency on the elements

• Finite

• Import taxes

Industrial development brings about more employment and wealth in what economic sector?

Industrial development brings about what effect where the economy goes into a cycle of prosperity?

Between 1952 and and 2012, the percentage of people working in agriculture had dropped by what percent?

In the same time period, the GDP per capita of China increased from under $1000 to over $______

Industrial development is usually brought on by what other strategy?

What is the name of businesses that move operations to LICs and NEEs in investment?

What are some of the reasons for TNC's investing in foreign plants?

• Access to wider market

• Lower minimum wage (if any)

• Reduces need for exports and thus impacts of tariffs

• Cheap land

• Tax rewards