Wednesday, 22 August 2012

Main Economic Groupings

All countries undergo development but they vary in where on the development line they are. They can be linked from primitive to advance development. This is shown in the diagram below:


Countries move along the pathway at varying speeds.

The two main groups are MEDCs (more economically developed countries) and LEDCs (less economically developed countries).

They can also be linked to an Electric Cable which is shown below. The core of the cable is made up from economic growth, technology and enterprise. The strands represent different aspects of the development process. It is important to understand that development is not only about economic progress. 

All images are taken from Global Challenge, A. McNaught & M. Witherick 2005.
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1 comment:

  1. Phil8 September 2012 at 12:30

    Some clear diagrams - the top diagram gives the idea of countries moving through almost predetermined 'levels', but this is now widely critiqued. It is linked to the Rostow Model which you might want to have a look at.

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