Development Flashcards
Learn how developed a country is based on their wealth etc.
GDP (Gross Domestic Product)
*A measure of wealth. It is the total value of goods and services produced by a country in a year.
It can be measured per capita (per person) or in PPP (purchasing power parity - this shows how much $1 would buy in a country).
Poverty Line
The minimum income required to meet someone’s basic needs - the World Bank uses $1.25 per person per day.
HDI (Human Development Index)
A measure made up of four development indicators (composite indicator) - life expectency, literacy rate, average length of schooling and GDP per capita (PPP). It gives a rank from 0-1, the higher the better.
Access to safe drinking water
The percentage of the population with access to an improved (piped) water supply within 1km.
Literacy rate
The percentage of the population, aged over 15, who can read and write.
CPI (Corruption Perception Index)
A measure of how corrupt (dishonest) a government is. It gives a rank from 0 (corrupt) to 10 (honest). It helps companies work out how safe their money would be if it was invested in a country. Corrupt governments sometimes spend money to bribe officials or buy weapons.
Demography
Factors relating to a country’s population.
Birth rate
The number of live births per 1000 people per year.
Death rate
The number of deaths per 1000 people per year.
Dependency ratio
*The proportion of people below or above normal working age (under 15 and over 65).
It is calculated like this: number of dependents ÷ number of workers x 100. The lower the number, the greater the number of people who work and are less dependent.
Infant mortality
The number of children per 1000 who die before they are one.
Fertility rate
The average number of births per woman.
Life expectency
The average number of years a person can expect to live.
Maternal mortality
The number of mothers per 100,000 who die in childbirth.
Level of development
A country’s wealth and its social and political progress.