human wellbeing Flashcards
what is the GDP stand for?
Gross Domestic Product.
What does the GDP mesure?
the GDP measures the value of goods and services a county produces.
what currency is the GDP mesured in?
usually measured in US dollars
what is the GDP per capita?
it is the economic indicator
how does the GDP per capita work?
GDP per capita takes the Gross Domestic Product of a nation and divides it by the population.
what is GDP per capita in Australia?
In Australia our GDP Per Capita is $37,828 USD
what is life expectancy?
Life expectancy measures how long a person is likely to live from birth. The higher the life expectancy the healthier and less dangerous a nation is.
what is Australia’s life expectancy?
Australia’s life expectancy –Women 82 years-Men 80 Years
what is Infant Mortality rate?
The infant mortality rate measures the number of babies that die before 12 months of age, per 1000 live births.
what is Years of Schooling?
Years of Schooling measures on average how many years have the people of a nation spent at school.
How are years of schooling beneficial?
literacy rates, ability to find employment and economic growth of a nation.
What is the Homicide Rate?
Measures how many murders take place per year, This gives us a measure of how safe a nation is.
