Developed And Developing Flashcards
What should you consider when you measure the standard of living, when you look beyond economic measures?
Population size, education, health and access to medicine, democratic government, access to improved water, environmental factors.
What are you ignoring if you measure development on economic measures alone?
It ignores the inequality in the distribution of wealth.
What is Australia’s GDP?
$39,690
5 indicators of a developing country and 2 examples?
Farming, rural, low industry
Trying to develop, low GDP and HDI
Eg East Timor, India
5 indicators of a developed country and 2 examples?
Industrial, advanced tech and infrastructure
Access to clean water, sustainable, high GDP and HDI
Eg: Australia and USA