Reasons for the “Development
Gap”.
Social and Economic Groupings of Nations...
OBJECTIVES:Indentify FOUR new ways of grouping countries.Explain different social and economic groupings
if nations.Discover the consequences of grouping nations.
Achieving target one...
Grade C – Group the following countries together.
Grade A – Why have you grouped them in that way..?
USA, Malawi, India, Italy, Japan, China, Saudi Arabia, Mexico, Sudan, Brazil.
The groupings...Group 1 – Affluent countries – USA, Europe, Japan.Group 2 – Emerging economies, GDP growth of 3%
or more, 50% of the worlds population.Group 3 – Countries with important natural
resources. Group 4 – Those that are lagging behind, isolated
from the global community.
How have some countries managed to play catch up..?
What is a trade bloc ?– Grade C
Why do they exist? – Grade A
Free Trade Areas
Customs Unions
Common Markets
Economic Unions
The worlds trade blocs...
European Union (EU)North American Free Trade Agreement (NAFTA)Association of Southeast Asian Nations (ASEAN)European Free Trade Association (EFTA)South African Development Community (SADC)MercosurAndean CommunityCaribbean Community (CARICOM)
Target Three – The consequences...
TASK:Sort the
information into positive and negative consequences.
Positive Consequences
Negative Consequences
Positive Consequences Negative Consequences
Social and Economic Groupings of Nations...
OBJECTIVES:Indentify FOUR new ways of grouping countries.Explain different social and economic groupings
if nations.Discover the consequences of grouping nations.
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