Development Flashcards
1
Q
What are the economic indicators of development
A
GDP and GNP
2
Q
Explain GDP
A
The total value of goods and services produced within a country in a year divided by the number of people
3
Q
Explain GNP
A
The total value of all good and services produced within within a country divided by the number of people. GNP also includes the value of foreign investments and money made abroad it is also measured in $
4
Q
What are the social indicators of development
A
Adult literacy rate, access to safe water, life expectancy at birth and infant mortality rate
5
Q
What are the reasons why some countries are more developed than others
A
Natural resources, debt, colonisation, natural disasters, educational system and healthcare
