Economic World Flashcards
What are composite measures
They are ways of measuring ways of development these have multiple levels of measurement
What are the composite measures
.Life expectancy
.Expected years of schooling
.GNI ( gross national income)
.Human development index (HDI)
. Gender development index
. Internet users
. Birth rate
. Death rate
. Co2 emissions per capita in tonnes
. Political corruption index
What does HDI stand for
Health ( life expectancy) wealth (gross national income) education ( years in schooling)
What does NC stand for
Natural charge
What does demographic mean
The study of people
What does transition mean
Change over time
What are the importance of stage in a demographic transition graph
They show the development of a country ie stage 1 country’s are indigenous population and stage 5 are countries like japan
What is an example of a stage 1 country
Indigenous population
What is an example of a stage 2 country
Africa and other lICs
Whats an example of a stage three country
Nigeria and NEEs and LICs
What is an example of a stage four country
Uk and HICs
What is an example of a stage 5 county
Japan
What is the dependency ratio
This is a of the number of dependants aged 0 to 14 and people over 65 compared with the total population aged 15 to 64
What is aid
Aid is any form of help/ assistance
What is investment
This involves the government and TNCs spending more money on Infrastructure and public services this can positively impact the multiplier effect
What is industrial development
This is where companies choose to spend money on jobs only this aims to improve the multiplier effect
What is Tourism
This is where countries bullied attractions for national and international tourists
What is intermediate technology
Sustainable technology given to locals to help them in the long term for example wells
What is fair trade
This helps improve farmers lives by promising them a fair price for their produce