Development and Human Welfare Key Terms Flashcards
1
Q
Development
A
The progress of a county in terms of economic growth, use of tech and human welfare
2
Q
GINI Index
A
Measure of inequality used to analyse the distribution of wealth amongst citizens
3
Q
GDP
A
The total value of goods produced by a country during a year
4
Q
GNI
A
The GDP of a country plus all income eared from abroad investments
5
Q
Quality of Life
A
The degree of wellbeing felt by a person/group in a place due to multiple factors
