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The changing economic world
Measuring Development
GNI
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Created by
Reyah Riz
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Cards (4)
What is the
GNI?
Gross National
Income
Total
value of goods and
services
produced by a country
Good
way to measure development
What is GNI used for?
To measure
economic
development
What does having a high GNI suggest?
That the country is
wealthy
The
population
may be small
Does
not
always mean the citizens enjoy a good Q or L
What countries make up the BRICS (NEEs)
Brazil
,
Russia
,
India
,
China
,
South
Africa