Development Key Terms

Question 1

What is STANDARD OF LIVING?

Answer 1

Standard of living : the economic level of a person’s daily life.

Question 2

What is QUALITY OF LIFE?

Answer 2

Quality of life :is a social measure of well being e.g. Life expectancy or Literacy Rates.

Question 3

What is HIC?

Answer 3

HIC : High Income Country (rich)

Question 4

What is NEE?

Answer 4

NEE : Newly Emerging Economies e.g. India/China.

Question 5

What is LIC?

Answer 5

LIC : Low Income Country (poor)

Question 6

What is AID?

Answer 6

AID : Help given from country to another, typically from a richer country to a less developed country. It can also be from a charity or organisation.

Question 7

What is GNI PER CAPITA?

Answer 7

GNI Per Capita: Total money earned by a country divided by its total population.

Question 8

What is SUSTAINABLE TOURISM?

Answer 8

Sustainable tourism aims to support local communities socially and economically whilst causing no harm to the environment. Sustainable ecotourism is expanding in more isolated regions of Jamaica, with people running small-scale lodges or acting as guides.