Gross Domestic Product, - how much money a country makes.
What is GNP?
Gross National Product, - GDP of any money that has been earned by investment abroad, minusincomeearned by non-nationals within the nation.
What is GNP per capita?
Calculated as GNP divided by population, usually in US Dollars
Birth and Death rates?
per 1,000 people, and can tell the overall measurement of healthcare and education
What is HDI?
Human Development Index, - a statistic that measures social and economicdevelopment.
What does HDI consist of?
Meanyears of schooling,expectedyears of schooling,education,income, and lifeexpectancy at birth
Infant mortality rate?
Number of deaths of infants under oneyear old per 1,000livebirths in a given year.
Literacy rates?
Percentage of people who are able to read.
Life expectancy?
Can tell the healthcare, sanitation level, and provision of care for the elderly in a country.
What is Worldmapper?
Collection of Worldmaps called Cartograms, where territories are resized according to subject of interest.
What is the development gap?
The difference between developed and developing countries in the world.
What is HIC?
High Income Countries
What is LIC?
Low income countries
How could the development gap be reduced?
Investment,aid,debt relief, fair trade, and micro-financeloans
What are the reasons for the development gap?
Colonialism, geographic,historical,cultural, and institutional problems.
Colonialism?
Colonisation caused the loss and deprivation of essentialresources, such as gold, diamond, cobalt, etc.
Geographic?
Tropical - diseases (killing off livestock) more carbohydrates in the plants (weaker,harder to farm), extreme weathers (pooragriculture), countriesunder16C are more likely to wealthier
Landlocked countries - reducingtrade
Development gap (%) - 30%
Historical?
Links in with Colonialism
Cultural?
dependancy on religion, lack of equality,lessreligion in the country, more likely to be wealthier,exceptUSA.
Development gap (%) - 20%
Institutional?
corruption, - moneyisn’tinvested into country, unattractive to foreignbusiness, offshore bank accounts (wealth is taxed), and clan-based thinking.