Human Wellbeing Flashcards

1
Q

What does GDP stand for?

A

Gross Domestic Product

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2
Q

What is GDP?

A

Refers to the total goods and services produced within a country over a 1 year period

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3
Q

What does GNP stand for?

A

Gross national product

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4
Q

What is GNP?

A

An estimate of total value of all the final products and services produced in a give period by the means of production owned by a country’s residents.

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5
Q

What does HDI stand for?

A

Human development index

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6
Q

What are the four factors of development

A

Life expectancy, literacy rates, Education rates and Gross domestic products (GNP)

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7
Q

What is Quantitative indicator?

A

The measurement of which are the quantity of something in a country

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8
Q

What is an example of Quantitative

A

Population of a country and national income per capita

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9
Q

What is qualitative?

A

The standards of living that are hard to measure

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10
Q

Example of qualitative

A

Political freedoms, social opportunities and environmental equality.

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11
Q

What is human development index (HDI)

A

The measurement of a countries social and economical growth

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12
Q

What is HDI measured on?

A

Life expectancy, gross national income, literacy rates and education rates.

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13
Q

What is global south and global north

A

Poorly developed and developed countries

E.g Zimbabwe and Norway.

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