changing economic world Flashcards
what is development
this is when a country is improving
1) progress in economic growth
use of technology, improving welfare
when a country develops the quality of life gets better
2) the level of development is different in different countries
what is the development gap?
the difference in development between more and less developed countries
measuring development
some measures look at a countries economic development while others look at social factors
what is Gross National income (GNI)
as a country develops it gets …..
total value of goods and and services produced by a country in a year
as a country develops the GNI gets higher
what is GNI per head
as a country develops it gets…
the GNI divided by the population of the country
as a country develops the GNI per head gets higher
what is the birth rate?
as a country develops it gets….
the number of live births per thousand of the population per year
as a country develops it gets lower
what is the death rate?
as a country develops it gets….
the number of deaths per thousand of the population per year
as a country develops it gets lower
what is the infant mortality rate?
as a country develops it gets….
the number of babies who die before they are 1 years old per thousand babies born
as a country develops it gets lower
what is people per doctor
as a country develops it gets….
the average number of people for each doctor
as a country develops it gets lower
what is the literacy rate
as a country develops it gets….
the percentage of adults who can read and write
as a country develops it gets higher
what is access to safe water
as a country develops it gets….
the percentage os people who can get clean water
as a country develops it gets higher
what is the life expectancy
as a country develops it gets….
The average age a person expect to live
as a country develops it gets higher
The limitations of the measurements of development
1) GNI per head is misleading as it is an average - variations within the country don’t show up
2) social indicators are also misleading if they are used on the own
as a country develops some aspects of develop before others - making a country seem more developed then it actually is
what is the most common way of classifying a countries development?
by looking at a countries wealth
Development in Highest income countries (HIC’S)
JIC’s are the wealthiest countries in the world where the GNI per head is high
