social studies unit 2 terms Flashcards
An individual’s perception of their position in life and their well-being. It includes everything from a person’s health to their happiness, social relationships, and economic standing. Individuals tend to have different perspectives on what a good quality of life includes.
Quality of Life
Factors that may influence your quality of life.
Indicators
Many factors involved in assessing quality of life can be measured and empirically determined.
Quantitative Data
A country’s level of happiness. Collecting all forms of data and making objective observations will give social scientists a better understanding of the quality of life in Canada and around the world.
Qualitative Indicators
Refers to a region’s material wealth and trade.
Economic Development
Pollution rates, percentage of protected forest or ocean environments, recycling facilities, ecological footprint, air quality.
Environmental
The type of government in a region, level of corruption, effectiveness of electoral system, and the rule of law.
Political
The level of education, healthcare, life expectancy, and infant mortality in a society.
Social Development
Referring to how much wealth a country has.
Level of Economic Development
These countries generally have stronger economies, are wealthier, and have a higher quality of life.
More Economically Developed Countries (MEDCs)
These countries generally have weaker economies, are less wealthy, and have a lower quality of life.
Less Economically Developed Countries (LEDCs)
An indicator, sign, or measure of something. An example is the HDI.
Index
It combines life expectancy (social), education (social), and per capita income (economic) to create an index to represent the data collected per country.
Human Development Index (HDI)
The average predicted lifespan of a person based on year of birth and other factors including gender.
Life Expectancy
If two things correlate, a change in one thing results in a similar or opposite change in another thing.
Correlated
Measured over a period of time.
Longitudinal
The total value of goods and services produced by a country in a year.
Gross Domestic Product (GDP)
A country’s GDP divided by its population. Per capita means per person. It is an indicator of average wealth per person in a nation.
GDP per Capita
Changes in GDP and GDP per capita each year.
Annual Economic Growth
A measure of the inequality of wealth. It records the gap in income between the country’s richest people and its poorest.
Gini Index
A measurement of how much the prices of goods, services and wages increase each year. High inflation (above a few percentage points) can be a bad thing) and suggests a government that lacks control over the economy.
Inflation
The number of people who cannot find work.
Unemployment number
Shows the division of a country’s economy between primary, secondary and tertiary industries.
Economic Structure
