Development Flashcards
What does GDP mean?
It is the total income of a country per year devided by the number of people in the country. It gives us an idea of how much money a government has to spend on it’s population
What does GDP stand for?
Gross Domestic Product
Why might a country’s GDP go up or down?
As there may be a sudden rise in population, a war or a natural disaster
What can we use to measure a country’s development?
The surroundings the number of immigrants the architecture of buildings the cars the roads medical hygiene standards the currency rates
What does GNP stand for?
Gross national product
What does GNP mean?
It is the total value of goods and services provided by all citizens of a country (wether within or outside the country) devided by the number of people. Measured in US dollars
What does LIC stand for?
Low Income Country
What does HIC stand for?
High income country
What does NIC mean?
Newly industrialised country
What is the brandt line and where on the globe is it?
The brandt line generally separates HIC’s with LIC’s it is just above the equator
What is positive correlation?
Positive correlation means as GDP goes up so does the other development indicator
What is negative correlation?
As GDP increases the other variable decreases
Name three main reasons why countries are poor?
Historical
Economical
Environmental
Give 5 ways we can asses someones quality of life
How much food and water they get If they live in a HIC or a LIC If their medication is good Level of education Their shelter
Give 4 indicators of how developed a country is
People per doctor Infant death rate Income per average person Fertility rate HDI