• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Developing countries experience cultural changes due to economics growth. There will be an upside and negative effects as well

Free essay example:

Enquiry 6.5 Richer country – richer people? (p222-229)

Developing countries experience cultural changes due to economics growth. There will be in upside and negatives effects as well:

Changes in use of land: What would have been used initially for farming – land will used to develop the infrastructure. Hotels, schools, roads, residences etc. will take the place where farmers once farmed land. As a result…

Change in employment: Farmers will find they are unemployed and will have to develop skills in other industries- usually either manufacturing, construction or service industries. This reduces the size of the primary sector industries (farming) and increases the secondary (construction, manufacturing) and tertiary (services) sector.

Changes in Distribution of Income: Some people will therefore find they can afford more or less and therefore their standard of living is likely to change. Farmers and fisherman may find they are making less money in new employment or may find it hard to gain employment altogether. Others may find they are earning a higher income and better standard of living by starting their own business (including becoming a franchisee) or by gaining new scarce skills which allow them to improve their standard of living. Also through development some towns attract more tourist – and foreign currency again increasing real income of residence and standard of living and a …

Changed in lifestyle: as more goods are purchased people will experience a change in lifestyle. For example changes in modes of transport, entertainment, cuisine in the area.

Demographic changes: With economic growth, people live longer, have better education and health services and the standard of living rises. As there is more income in the economy the government can provide these services and invest in the country for future development and more economic growth. This process can however take a while to affect all the population. Some people will still be working in the primary sector but on a smaller scale and will be competing with imports this would result in an uneven distribution of income as they would or could not develop skills in order to increase their employment potential.

Governments can trigger economic growth by helping industry in the country to grow. These can be done by allowing easier planning permits, setting up industrial areas and investing in the infrastrure to help large enterprises function efficiently, employ people, increase incomes, increase spending, increase demand, increase the need for other businesses (including small local enterprises) and therefore improved standards of living and economic growth.

The government also benefits from economic growth in two ways – reduced unemployment, social services and other payments to individuals and increase receipts from income and corporate taxes, business rates and tax on spending (in the UK – VAT)

We have seen how businesses must consider things other than the ‘bottom line’. Owners may want to make a profit however, the environment must also be considered. More and more businesses are adopting an ethical policy – considering workers, suppliers, government, local and wider community, customers and the environment. One must also consider if businesses use their ethical policy as a marketing tool to win the trust and loyalty of different stakeholders.

Ethical policies also consider how once country trades with another – giving fair prices and helping develop the country. As far as international trade is concerned, the more exports a country has compared to imports the stronger the currency becomes (demand for exporters currency increases). One simple rule to remember regarding international trade:

S – Strong

P - Pound

I – Imports

C – Cheaper

E – Exports

D – Dearer  

So the country may experience a lose of competitive advantage when their exports become to expensive compared to products produced in the country importing UK goods (for example). On the same token competitive advantage can be gained by exporting goods when the currency is weaker.

This student written piece of work is one of many that can be found in our International Baccalaureate Geography section.

(?)
Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Related International Baccalaureate Geography Skills and Knowledge Essays

See our best essays

Related International Baccalaureate Geography essays

  1. Climate changes in Canada. What consequences derive from the climate change in Canada ...

    Polar Bears Polar bears live on the frozen sea, and hunt seals for their main diet. In the northern areas of the Arctic, polar bears can stay on the ice all year long and hunt for their prey. However, the rivers around the Hudson Bay area is not frozen year-round,

  2. Foreign Talent-Dilemma in Singapore. as we shall explain, illustrate and seek to convince in ...

    We need talent to deal with forces of globalisation and the challenges wrought by advances in technology, especially Information Technology (IT). We need talent to stay ahead. 6. Major cities around the world have thrived because of talent and their ability to absorb the best and brightest.

  1. Raspberry farming

    The soil is called chernozem, which is a type of soil listed amongst the most fertile sorts in the world. It is really good for growing fruits and berries as it contains a lot of humus, and very high percentages of phosphorus and ammonia3.

  2. The Effect of Changing Distance From Toronto's Central Business District on Parking Prices.

    Also, the hours specified above include the beginning of morning rush hour and the end of evening rush hour, and allow for understanding of the effect that the large number of office workers that commute into the CBD for work everyday have on demand for parking, which eventually leads to a change in prices.

  1. Is the introduction of foreign talent in Singapore beneficial to Singaporeans?

    Prime Minister Lee Hsien Loong mentioned two years ago that "if we want our economy to grow, if we want to be strong internationally, then we need a growing population." In other words, the population of Singapore needs to be large enough to ensure that economy can grow.

  2. Antarctica Report - the environment and scientific research

    deserts every seen, along with the majestic ice sculptures found nowhere else on the planet, Antarctica draws hundreds of tourists every year to experience these wonders from the welcoming surroundings of world renowned stations established by expedition leaders like Sir Douglas Mawson.

  1. Impacts of off seasonal farming

    With precipitation levels reaching an average of just 1 inch (26 mm) per year, it also supports why Egypt is only composed of 2.7% of arable land relative to its total area. With such inconvenient environmental factors coming to play particularly in commercial farming of potatoes in Egypt, one has

  2. What are the effects of global warming and initiatives taken by Wales and Iceland ...

    possibly be devastating to many ecosystems, economies, and a risk to many people?s livelihoods. The most significant effects will be: Sea ice is expected to melt and accelerating sea level which can cause destructive flooding, contamination of aquafers, and intense storms.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work