The Changing Economic World Flashcards

1
Q

What is development based on?

A

Quality of life

Standard of living

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2
Q

What is the difference between standard of living and quality of life?

A

Standard of living - wealth

Quality of life - more abut health, happiness etc.

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3
Q

List 8 development indicators.

A

GNI per person, Birth rate, Death rate, Infant mortality, People per doctor, Literacy rate, Access to safe water,
Life expectancy

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