Introduction to Poverty and Development Flashcards
Define development
Global development is linked with human development and international effort to reduce poverty and inequality and improve health, education and job opportunities around the world.
Economic Development
Economic Development are programs, policies or activities that work together to improve the economic well-being and quality of life for a community.
Sustainable Development
Sustainable development meets the needs of the present without compromising the ability of future generations to meet their own needs.
Absolute poverty
When household income is below a certain level.
IMPOSSIBLE for the family/person to meet basic needs of life.
Relative poverty
When households receive 50% less than average income.
Family/ person have money to buy ONLY basics.
UN sustainable goals
definition
how many are
Provides a global blue print for dignity, peace and prosperity for people and the planet.
17 goals
Why some countries are poor and other rich?
- Quality of institutions and education
- Their culture
- Natural resources they have
- Latitude they`re on
- Government, polices, corruption
- Geography
- Diseases
Indicators to measure poverty
Health:
- Child Mortality
- Nutrition
Education:
- Years of schooling
- enrollment
Living standards:
- Water
- Sanitation
- Electricity
HDI : Human Development Index
- Measures development
- Includes economic and social indicators
0 least – 1 best
Importance of geographic location
Geographic location have large effects on income levels and income growth. Through their effects in transport cost, disease and agriculture, resources productivity.