Key Terms- Develop Gap Flashcards
GDP
Gross domestic product
Total value of goods and services in a year within its boarders
GNP
Gross national product
Total value of goods and services people of that nationality produce in a year globally
Infant Mortality Rate
Number of babies who did under age 1 per thousand babies born
People Per Doctor
Number of people for each doctor
Literacy Rate
Percentage of adults who can read and write
HDI
Human Development Index
Number calculated from life expectancy, literacy rate, education level, income per head
Benefits of using s single measurement of development
- simple and easy to compare
- easy to see patterns
- can subdivide (social/economic)
Limitations of using s single measurement of development
- average can skew the reality e.g Saudi Arabia
- show the county as a whole, don’t reflect different development within boarders
Standard Of living
Related to how much money you have and what you buy
Quality Of Life
How happy people are including access to education, healthcare and security etc