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Question 1

Define GNI

Answer 1

Gross national income: the total value of goods and services each year

Question 2

What’s the problem with GNP

Answer 2

It does not consider the distribution of wealth so a country with high poverty levels may have a high gnp as their wealth is concerntrated in the hands of the wealthy and not distributed evenly

Question 3

Outline social indicators of development

Answer 3

Belief that everyone should have social well being. This is measured by education, health democracy and gender equality

Question 4

Outline HDI

Answer 4

Combination of the most important economic/social aspects of life:material standard of living, education and health. .

Question 5

What’s the problem with HDI?

Answer 5

Accuracy, not all figures can be measured quantitively and not all figures are available for all countries

Question 6

Outline sustainable development

Answer 6

This view focused on ensuring the development process was eco friendly