Economic And Social Measures Of Development Flashcards
Economic indicators: Gross National Income (GNI)
Total value of goods and services, including the income earned from investments oversea (U$$).
Economic indicators: GNI per head
GNI shared equally amongst the country’s population (U$$).
Economic indicators: Gross Domestic Product (GDP)
Total value of all the goods and services produced within a country a year (U$$).
Social indicators: Birth rate
Number of live babies born per 1000 of population per year.
Social indicators: Death rate
Number of deaths per 1000of population per year.
Social indicators: Infant mortality Rate (IMR)
Number of live babies under 1 that die per 1000 per year.
Social indicators: People per doctor
How many people there are per doctor in a given area.
Social indicators: Literacy rate
Percentage of people who ca get clean drinking water.
Social indicators: Life expectancy
The average age a person is expected to live to.
Human Development Index (HDI)
Development Index (HDI) combines information on health, education and wealth. It was created by the United Nations to measure social and economic progress.
Limitations of Social and Economic Measures
You must not just look at one indicator of development as it can be misleading.
Consequences of Uneven Development
The main consequences of uneven development are: 1. migration; 2. wealth; 3. health.
Migration occurs if nearby countries have a much greater wealth. For example, every year over 130,000 Mexicans migrate to the USA legally (and thousands more enter illegally) looking for a better quality of life.
