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