Scale of Global Inquility And how can It Be Reduced

Question 1

What does ‘development’ mean?

Answer 1

Development is the economic, social and political progress a country or people make. For it to be beneficial, it must be sustainable.

Question 2

What is ‘GDP per capita’ and how is it measured?

Answer 2

(Gross domestic product per capita) the total value of goods and services produced by a country in a year divided by the total population to show the average wealth per person.

It is measured in $ per person per year and is adjusted for purchasing power parity
It is an economic indicator

Question 3

What is the ‘poverty line’ and how is it measured?

Answer 3

The minimum income required to meet someone’s basic needs- the world bank uses $1.25 per person, per day

It’s measured by the average income

It is a economic indicator

Question 4

What is ‘Measured of inequality’ and how is it measured?

Answer 4

This shows how equally wealth is shared among the population. It includes the percentage of GDP owned by the wealthiest 10% of the population, and by the poorest 10%.

It is measured by the wealthiest 10% of the population and by the poor 10%.
It is a social indicator