Paper 1: Development Flashcards
What are HIC/developed countries?
They have the strongest economies, highest quality of life, and the best living conditions
What are MIC/NEE/emerging countries?
They were poorer in the past (20-30 years ago) but have seen an improvement in their economy and living conditions
What are LIC/developing countries?
They are the poorest countries with weaker economics and lower standards of living
What is gross domestic product per capita?
The value of a country’s goods and services divided by the number of people living in that country
What is gross national income per capita?
The value of a country’s final income in a year, divided by the population
What is purchasing power parity?
This compares what the same amount of money can buy in different countries
What is life expectancy?
The average number of years a newborn baby is expected to live
What is fertility rate?
The number of babies that would be born to the average woman
What is child mortality rate?
The number of deaths of children aged 0-5 per 1000 births
What is mean years of schooling?
The average amount of years spent in education
What is literacy rate?
The percentage of people in a population who can read and write
What’s the positive and negative of health indicators?
Positive - Indicates education on offer
Negative - Takes no notice of other skills + quality of education
How do higher levels of education benefit a country?
- Better health care so more doctors + research
- Longer in education means more skills + knowledge so higher paid jobs
- May encourage people to migrate into the country who have skill sets for available jobs
- Growth of industry + economy
- More income from taxes to improve quality of life
- Decrease in fertility rate as more education about contraception + more women working
What’s the human development index (HDI)?
A composite indicator made up of 3 different indicators that are combined to generate a score between 0 and 1. The 3 indicators are:
- Life expectancy (health)
- Mean years of schooling (education)
- GNI per capita (standard of living)
What’s the positive and negative of HDI?
Positive - More than 1 factor
Negative - Doesn’t measure unequal distribution