Measuring Devlopment Flashcards
Different aspects to development - economic -
Progress in economic growth e.g. how wealthy a country is, level of industrialism and use of technology
Different aspects of development - social -
Improvement of peopls standard of living e.g better health care and access to water
Different aspects of development - political -
Having a stable political system with institutions that can meet the needs of society
What is GDP
The total value of goods and services a country produces in a year
What is GDP per capita
The GDP divided by the population
What is GNI (gross national income )
Total value of goods and services produced by a country in a year including from overseas.
What is GNI per capita
Is the GNI divided by the population of the country
What is birth rate
The number of babies born per thousand of the poulation per year
What is death rate
The number of deaths per thousand of the population
What is fertility rate
The average number of births per woman
What is infant mortality rate
The number of babies who die under 1 year old per thousand babies born
Ahat ia gini coefficient
A measure of economic inequality.Countries are given a score between 0 (equal to 1 (inequality)
