Development Flashcards
GNP per capita
Value of countrys final output of goods and services per year per person
Literacy rate
% of ppl that read and write
Life expectancy
Average expected living time
HDI
Composite index- life expectancy, education, income per capita
Why use composite indexes better than single indicators
Wider representation
Why are some countries poorer than others
Former colony, drought and famine, corrupt gov, export cheap goods and forced to buy expensive quality goods, pay back loans w/ interest, civil wars, subsistence farming, flooding, natural disasters, high birth rate, factories pf companies due to globalisation but cheap wages and profit goes to company, wealth inequality
Inequality withing countries
Natural resources, climate, natural beauty/ tourist attractions/ physical features
Core region
More developed region with more wealth
Periphery region
Less developed and less wealthy region that depends on core regions
Primary industry
Obtaining natural raw materials
Secondary industry
Converting raw materials into products
Tertiary industry
Provision of services
Quaternary industry
Intellectual activities
Employment structure pattern
Early stage of dev has high primary employment, as industrial base is developed secondary increases, further economical developmet grows tertiary industry and decreases secondary
Globalisation
Process by which the world becomes interconnected because of trade and cultural exchange