8.1 Flashcards
What does development refer to?
- Change for the better
- Economic development usually leads to improvement in quality of life.
- May include industrialisation, urbanisation and increasing standards of living in terms of health, education and housing.
- IDEA OF PROGRESS
What are 6 traditional measures of development?
- Gross domestic product (GDP)
- GDP per capita
- GDP per capita (PPP based)
- Gross National Income (GNI) per capita
- Human development index (HDI)
- Gini coefficient
What is the Gross domestic product (GDP)?
The monetary value of the goods and services a country sells.
What is GDP per capita?
GDP divided by the population in the country.
What is GDP per capita (PPP based)
GDP considering the worth of money of ‘purchasing power parity’.
What is Gross National Income (GNI) per capita?
The total amount of money earned by a nation’s people and businesses. This includes overseas sources.
What is HDI?
Human development index measures life expectancy, education and per capita income indicators.
What is the Gini coefficient?
Represents the income inequality or the wealth inequality within a nation.
What are 3 alternative measures of development?
- Happy Planet Index
- The World Happiness Index
- The Freedom Index
What is the Happy Planet Index?
Index of human well-being and ENVIRONMENTAL IMPACT, as well as life expectancy
What is the World Happiness Index?
A landmark survey of the state of global happiness that ranks 156 countries by how happy their citizens perceive themselves to be.
What is the Freedom Index?
Considers political rights, civil liberties and freedom status. In 2016 the Middle East and North America (MENA) region had the least freedom, with 72% of the counties ‘not free’, followed by Eurasia (58% not free) and Sub-Saharan Africa (41% not free). The ‘best’ area was Europe (86% free) and so it isn’t surprised that many asylum-seekers from Africa and Asia migrate to Europe for sanctuary.
What is the relationship between life expectancy and GDP per capita?
It is suggested that there is a positive correlation, as, when GDP per capita increases, life expectancy also increases. This suggests that the amount of money people have, the better healthcare they can access, leading to a longer life expectancy.
Discuss whether social or economic development are more important
Equally as important as the encourage the other. Government investments can be used to increase the social standards of an area. This will lead to social development. This will lead to more people being healthier and able to work, as they are in better health. The implementation of human rights will also encourage an area to function more efficiently. This means there is a more committed workforce, allowing for economic development.
What is Sharia law?
Extremist law adopted by some of the Islamic Faith. It covers a wide range of topics from public and private behaviour to private beliefs.