development dynamics Flashcards
What is development
use of resources to improve the standard of living
what is economic development
total value of goods and services provided
what is social development
improvement in quality of life, social well being and social injustice
what is political development
level of democracy and freedom
what is the human development index (HDI)
Gives country a value between 0-1 on life expectancy, education and income.
It is a more accurate way of measuring development
what is purchasing power parity
GDP given in terms of what it can buy using local prices
what is corruption perception index
Scale from 10 to 0 and helps people decide where investment is safest
what is gross domestic product (GDP)
The total value of goods and services in a nation measured over a year per person
other ways of measuring development
Infant mortality, literacy rate, doctors per 100, salary, birth rate, death rate
how is the world divided
It is divided by the Brant line with the wealthy countries in the north and unwealthy in the south
what is the birth rate indicator
number of live births per 1000
what is the death rate indicator
number of deaths per 1000
what is the fertility rate indicator
average number of births per woman
what is the maternal mortality rate indicator
number of mothers per 100000 who die in childbirth
what is the infant mortality rate indicator
number of children per 100 live births who died before there first birthday
what is the life expectancy rate indicator
average number of years a person can expect to live
features of a developed countries population pyramid
- barrel shape
- young dependents and economically active equal
- high life expectancy
- few elderly dependents
features of a developing countries population pyramid
- wide base lots of young dependents
- narrow economically active
- high death rate
- narrow old people
features of a emerging countries population pyramid
- pretty wide base
- large amount of economically active
- narrow old dependents
what is the development gap
the difference in standards of living between the worlds richest and poorest
what is the champagne glass distribution
wine glass split into 5 Quintiles of 20% telling us what amount of the worlds riches each sector has