Development Flashcards
Define development
A process of change whereby people’s lives get better
Define a HIC, MIC and LIC
high income country, middle income country and low income country
What does GNI stand for?
Gross National Income
What is the formula for GNI?
all the money per capita divided by the number of people
Indicators of development
Life expectancy infant mortality rate Education expenditure Birth rate Fertility rate Labour force GNI per captia Median age
What is HDI and what does it standfor?
the Human Development Index ranks every country on a scale of 0 to 1 in terms of development
What is HDI based on?
GNI per captia, adult literacy and life expectancy
What 3 main things make a country developed
Social, Environmental, Economic (three legs of development stool)
What does under 0.5 determine on the HDI
low level of development
What is uneven development?
development that takes place at different rates in different regions
Reasons for uneven development
Natural disasters
Colonialism
Climate change
Natural resources
Debt
Level of education
Diseases
Landlock (unable to trade due to position)
Corruption (bad dictators not fixing things)
Religion (belief you cant altar your future)
Location