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Cheatography

APHUG-Unit 5 Cheat Sheet (DRAFT) by

Unit

This is a draft cheat sheet. It is a work in progress and is not finished yet.

Self Suffiency

When?
Most of the 20th century
Other names & Associ­ations
Balanced Growth. Anti-N­eoc­olo­nialism
Main Traits
Spread investment equally throughout all regions. Protect domestic industry throuugh tariffs, import quotas. and import license.
Advantages
Promotes balanced Economy. Promotes indepe­ndence from MDC's. Slow but fair growth (fighting poverty is #1 goal).
Problems
Ineffi­cient industries aren't motivated to innovate. Increase in prices of goods. Huge government bureau­cracy corrup­tion.
Examples
India (only until the 90's). China (Until 90's). Africa. Eastern Europe.

Self Suffiency

When?
Most of the 20th century
Other names & Associ­ations
Balanced Growth. Anti-N­eoc­olo­nialism
Main Traits
Spread investment equally throughout all regions. Protect domestic industry throuugh tariffs, import quotas. and import license.
Advantages
Promotes balanced Economy. Promotes indepe­ndence from MDC's. Slow but fair growth (fighting poverty is #1 goal).
Problems
Ineffi­cient industries aren't motivated to innovate. Increase in prices of goods. Huge government bureau­cracy corrup­tion.
Examples
India (only until the 90's). China (Until 90's). Africa. Eastern Europe.