Measurements of regional and global disparities Flashcards
Define: development
The use of resources to improve the quality of life in a country
Define: GROSS DOMESTIC PRODUCT (GDP)
The total value of goods and services produced in a country in a year
Define: GROSS NATIONAL INCOME (GNI)
Comprises the total value of goods and services produced within a country together with its income received from other countries, less similar payments made to other countries
Define: GROSS NATIONAL INCOME PER CAPITA
The GNI of a country divided by its total population
Define: GNI at purchasing power parity (PPP)
The GNI converted into US dollars n the basis of how the value of the currency compares with that of other countries
Define: development gap
The difference in income and the quality of life in general between the richest and poorest countries in the world
Define: HUMAN DEVELOPMENT INDEX (HDI)
A measure of development which combines life expectancy, education and income.
Define: LEAST DEVELOPED COUNTRIES
The poorest and weakest economies in the developing world as identified by UNCTAD.
Define: NEWLY INDUSTRIALISED COUNTRIES
Countries that have undergone rapid and successful industrialisation since the 1960s.
Define: INFANT MORTALITY RATE
The number of deaths of children under one year of age per 1,000 live births
Define: EDUCATION
The gradual process of acquiring knowledge, understanding and skills
Define: ADULT LITERACY RATE
The percentage of the adult population with basic reading and writing skills
Define: sustainable development
Development that seeks to meet the needs of the present without compromising the needs of future generations.
Define: MALNUTRITION
The condition that develops when the body does not get the right amount of vitamins, minerals and other nutrients it needs to maintain healthy tissues and organ function.
Define: MARGINALISATION
The process of being pushed to the edge of economic activity, of being largely left out of positive economic trends