Human - keywords Flashcards
GNI
Gross national income
GNI is the total amount of money that a country’s population earns in a year.
GNI per head is equal to the GNI divided by the country’s population.
HDI
Human development indicator
The HDI is a measure of life expectancy, literacy rate and GNI per capita
Development
Development is an improvement in a country’s capacity to produce goods and services for its population.
Describe Hics
Thay are the weallthiest countries
The GNI per capita (head), levels of education and literacy, and the quality of life are high.
GNI per capita (head) of $12,746 or more.
More economically developed
Exaples of hic would be Japan, France, Germany, UK
Describe Nees
They are going through development
They are usually strong at manufacturing products, have a growing middle class and the average quality of life has risen quickly.
Examples would be = Brazil, India, Russia, China
Describe Lics
They are the poorest countries
The GNI per capita (head), levels of education & literacy, and quality of life is low.
GNI per capita (head) of $1,045 or less.
Exaples of lics would be Somalia, Ghana, Afaghnistan
What is a TNC ?
A transnational corporation or a TNC is a large company that operates in several different countries. A TNC usually has it’s headquaters in High income country and production plants in LIC/NEEs