Development Dynamics Topic 2 Flashcards
Development
When something gets improved to make it better then it was before. The progression of something.
Economic Development
Growth in countries that links to income, jobs and the purchasing power.
Political Development
Growth in countries that links to government power, buildings of democracies and laws.
Social development
Growth in countries that links to health, welfare, education and the power of women.
Null Hypothesis
The correlation between two things.
Gross Domestic Product (GDP)
The total value of goods produced by a country and dividing it by the population gives you GDP per capita/per person.
Purchasing Power Parity (PPP)
How much you can buy in each country.
Human Development Index (HDI)
Gives a different rank order when compared with GDP and they take four development indicators and not just one.
Birth Rate
The number of babies born per 1000 people per year.
Life Expectancy
The average number of years a person can be expected to live to.
Poverty Line
The minimum income required to meet someone’s basic needs per day.
Literacy Rate
The % of people over the age of 15 who can read and write.
Infant Mortality
The number of children per 1000 people who die before their first birthday.
Access to Safe Water Supply
The % of the population with access to an improved piped water supply within 1km.
RICs
Recently industrialising countries.