1 Short Answer Question 2

Question 1

3 popular measures of a countries growth and development:

Answer 1

1. GDP
2. HDI (human development index)
3. Gini index

Question 2

GDP:

Answer 2

Total value of goods and services produced in a country in one year

Question 3

Highly unequal societies tend to grow:

Answer 3

More slowly and become politically unstable

Question 4

Gini index: measuring inequality

Answer 4

1. Income distribution over population

2. The lower the Gini score the more equal the society

Question 5

Human Development Index: HDI

Answer 5

1. Compiled through United Nations statistics
2. Includes expected years of education, life expectancy and income
3. Data sources not always reliable