Measuring standards of living Flashcards
What was the HDI in the UK in 2021 compared to the HDI in the UK in 1990?
-In 2021 the HDI was 0.9, but it was 0.1 less in 1990.
What was the general satisfaction with life on a scale from 0 to 10 from the citizens of the UK?
-A survey conducted by OECD states that British people gave it a 6.4, lower than the OECD average of 6.7.
What is the poverty rate in the UK in 2024?
-18 percent.
What is the GDP per capita in the UK in 2024?
-51,075 dollars.
What is the inflation rate in the UK?
-2023- 5.2 percent
-2024- 2.2 percent
What is the HDI in China?
-0.79 in 2022.
What is the poverty rate in China?
-2020 is 24.7%
What is the GDP per capita for China?
-13,136 dollars.
What was the general satisfaction with life on a scale from 0 to 10 from the citizens of China?
- 6.3
What is the definition of living standards?
-the quality of housing, material comfort, and wealth experienced by an individual or group.