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The changing economic world
Development gap
Measuring development
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Development
The process of
economic growth
through the use of
technology
and improving the place's
welfare
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The level of
development
is different in different
countries
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Global development gap
The
difference
in development between more and less
developed
countries
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Measures of development
Access to safe
water
Birth
rate
Death
rate
GNI
(Gross National Income per person)
Infant mortality rates
Life expectancy
Literacy
rate
People
per
doctor
ratio
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GNI (
Gross National Income
) can be
misleading
since it is an
average
and
variations
don't show social indicators
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Social indicators can also be
misleading
as a country develops, some aspects develop much
faster
than others and thus might seem like a country is
developing
when it actually is not
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Country classifications based on wealth
High income
country
Low-income
country
Newly emerging
economy
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Human Development Index
(
HDI
)
Calculated using
GNI
,
life expectancy
and education level. The closer to 1, the more developed a country is.
View source
Countries have an
HDI
value between
0
and 1
View source
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