Development Flashcards
what is development
is change for the better and a measure of what a country is like
HDI
human development index
GNI
gross national income
GDP ( gross domestic product )
the total amount of goods and services produced in a country per year, measured per person (average)
HDI ( human development index )
an index that combines 3 variables : GDP per capita, life expectancy, education (literacy and length of schooling) and produces a number between 1 and 0, the closer to 1 the better it is
poverty
is the state of being very poor
absolute poverty
people living on less than $2 per day (£1.50) or less
relative poverty
people who lack the income to afford the lifestyle that is customary of the country
the development gap
is the difference between the world’s wealthiest people and the world’s poorest people
what does the development gap show
80% of the world’s wealth is shared by 20% of the worlds population and the worlds 10 richest people are wealthier than the poorest 57 countries put together
factors that affect development :
geography
if a country is landlocked they will find it harder to trade therefore worsening the economy (CHAD)
factors that affect development :
disease
if a country has deadly diseases more people die so there is a reduction in productivity, discouraging investment (CAMEROON)
factors that affect development :
history
european colonial powers exploited land and the people they ruled so they forced unfair trades to get more money (SOUTH AFRICA)
factors that affect development :
corruption
if a government is corrupt, you can’t create an environment that encourages international investment and aid so there will be a reduction in development (CONGO)
factors that affect development :
rural isolation
if a large percentage of the population lives in remote rural areas it makes development difficult so resulting in poor infrastructure which makes it very hard to buy or sell goods (BANGLADESH)