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4. Macroeconomics
4.8 Development Economics
4.8.1 Indicators of Development
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Cards (40)
GDP per capita is a measure of average
income
GDP per capita alone provides a complete picture of a country's level of development
False
What does the Literacy Rate indicate in development economics?
Educational attainment
Development economics aims to improve living standards and economic growth in
low-income
countries
True
Life expectancy measures the average number of years a person is expected to
live
What does the infant mortality rate reflect?
Maternal and child health
Life expectancy
measures public health conditions.
True
Analyzing key economic indicators helps us gain a nuanced understanding of a nation's
progress
Key economic indicators provide a comprehensive view of a country's economic prosperity, social well-being, and quality of
life
Match the social indicator with its description:
Life Expectancy ↔️ Average number of years a person is expected to live
Literacy Rate ↔️ Percentage of population able to read and write
Infant Mortality Rate ↔️ Number of infant deaths per 1,000 live births
Environmental indicators measure a country's level of development and
sustainability
What does forest cover indicate in environmental terms?
Natural resource management
Development economics focuses on achieving economic development in
low-income
countries.
True
Match the development indicator with its description:
GDP per capita ↔️ Total economic output divided by population
Life Expectancy ↔️ Average number of years a person is expected to live
Literacy Rate ↔️ Percentage of population able to read and write
Infant Mortality Rate ↔️ Number of infant deaths per 1,000 live births
What does the literacy rate indicate in a country?
Educational attainment
What is the primary goal of analyzing key economic indicators?
Understanding development
Social indicators complement economic metrics to provide a comprehensive view of a country's
progress
Forest cover indicates natural resource
management
What is one limitation of using indicators to measure development?
Incomplete picture
How can the limitations of indicators be overcome?
Combining indicators
What is development economics the study of?
Economic development in low-income countries
Match the indicator with its description:
Life Expectancy ↔️ Average number of years a person is expected to live
Literacy Rate ↔️ Percentage of population able to read and write
Infant Mortality Rate ↔️ Number of infant deaths per 1,000 live births
Using multiple indicators allows for a more nuanced understanding of a country's progress and development
challenges
Match the indicator with its description:
Life Expectancy ↔️ Measures public health conditions
Literacy Rate ↔️ Indicates educational attainment
Infant Mortality Rate ↔️ Reflects maternal and child health
What does GDP per capita measure?
Average income
Literacy rate indicates the percentage of the population able to read and write.
True
Economic, social, and environmental indicators provide insights into a country's economic prosperity, social well-being, and quality of
life
Which indicator reflects maternal and child health?
Infant Mortality Rate
What is the term for analyzing a country's progress and development challenges?
Economic Development
Social indicators measure a
country's
level of development alongside economic indicators.
True
Why are social indicators crucial for assessing development?
Overall well-being of population
Carbon emissions reflect the environmental impact of
greenhouse gases
.
True
Environmental indicators provide insights into balancing economic growth with environmental
protection
Why is GDP per capita insufficient as the sole measure of development?
It lacks social and environmental factors
What does GDP per capita measure?
Average income
The infant mortality rate reflects maternal and child health.
True
Match the social indicator with its significance:
Life Expectancy ↔️ Public health and healthcare
Literacy Rate ↔️ Educational attainment
Infant Mortality Rate ↔️ Maternal and child health
Access to Clean Water ↔️ Environmental health
What are environmental indicators used to measure?
Sustainability
What does the use of renewable energy reflect in a country?
Sustainability commitment
Indicators can be influenced by external
factors