Measuring development

    Cards (9)

    • Development
      The process of economic growth through the use of technology and improving the place's welfare
    • The level of development is different in different countries
    • Global development gap
      The difference in development between more and less developed countries
    • 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
    • GNI (Gross National Income) can be misleading since it is an average and variations don't show social indicators
    • 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
    • Country classifications based on wealth
      • High income country
      • Low-income country
      • Newly emerging economy
    • Human Development Index (HDI)

      Calculated using GNI, life expectancy and education level. The closer to 1, the more developed a country is.
    • Countries have an HDI value between 0 and 1
    See similar decks