Measures of development Flashcards
1
Q
What is the main aim of measuring development
A
How living standards and peoples general welfare develop over time
2
Q
Why is measuring development not just about growth
A
It assesses the quality of growth not just the size and takes into account population size and quality of life
3
Q
What is the HDI and what does it do
A
Human Development Index that aims to measure levels of social and economic development
4
Q
What are the three indicators of HDI and how are they measured
A
Health - life expectancy
Education - average years spent at school
Standard of living - GNI per capita
5
Q
What are the values of HDI
A
1 is high development and 0 is low
6
Q
Weaknesses of HDI
A
- Life expectancy doesn’t indicate good quality of life
- Time spent at school doesn’t indicate quality of schooling
- GNI doesn’t include hidden economy which is prominent in LICs
- Doesn’t measure inequality
7
Q
Strengths of HDI
A
- Standardly accepted worldwide
- Relatively easy to collect
- Provides broader picture of the economy’s social standings
8
Q
Other ways to measure development
A
- Level of population working in primary sectors as this indicates low levels of development
- Number of mobile phones per thousand
- Literacy rates
- Access to clean water and disease levels
- energy consumption per head
