The Role of Domestic Factors 4.3
IB Syllabus Requirements:
Domestic factors and economic development
• With reference to a specific developing economy, and using appropriate diagrams where relevant, examine how the following factors contribute to economic development.
a. Education and health
b. The use of appropriate technology
c. Access to credit and micro-credit
d. The empowerment of women
e. Income distribution
Enduring Understandings:
There are plenty of things LDC Gs can do to develop their own countries, but outside help from
trade, FDI, aid, and debt cancellation can also greatly affect well-being in LDCs.
Essential Questions:
1. What can LDC Gs do within their own nations to improve standard of living?
2. How can people from MDCs affect development?
Day 1
Notes from “4.3 – The Role of Domestic Factors”
Reminder of how to measure Income inequality with the Lorenz curve and the GINI Coefficient:
Review videos:
Political Stability:
Microfinance and Development:
Long Run Sources of Sustainable growth and development:
Students to find a news article or video about any LDC in which they are trying to improve any 1 of those areas from the notes – to write the source of the article + a summary.
Homework: Read pp 565-574