In what ways do countries vary in their levels of economic development and quality of life?

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  • Created by: Jake199
  • Created on: 30-05-14 13:41
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  • In what ways do countries vary in their levels of economic development and quality of life?
    • Indicators of development
      • Social
        • Social justice
        • Equal opportunities
        • Quality of life
        • Satisfaction
      • Cultural
        • Education
        • Culture
        • Identity
      • Environmental
        • Conservation
        • Sustainability
        • Environmental damage
      • Political
        • Democratic government
        • Freedom of speech
      • Demographic
        • Personal wealth
        • Mobility
        • Life expectancy
      • Economic
        • GDP
        • Undustrialisation
        • Urbanisation
    • Development measures
      • GDP
        • Private consumption+ investment+pbulic spending money+exports-imports
      • GNP
        • GDP+investments and money made abroad
      • PPP (Purchasing Power Parity)
        • Value/ strength of a country's currency
    • Problems with using economic indicators
      • Currency fluctuations
      • Distribution of wealth
      • Dependency on one industry
      • Tax and government spending variations
      • Informal economy and unpaid work
      • Value of goods can fluctuate
      • Only indicates economic development
      • Difficult to obtain accurate figures due to informal sectors
    • Mexico
      • 106.7million pop
      • GDP of USD $18288
      • Annual GDP growth of 3.8% in 2012
      • Almost no national debt
      • High CO2 emissions
      • 81.4% 15-19 in education or employment
      • 71.1% 25-54 employed
      • 5% total unemployed
      • 74.4 life expectancy
      • Infant mortality 13.6 per 1000
      • 0.775 HDI
    • Norway
      • GDP $65638
      • GDP growth 3.1%
      • Deficit of 13.8% of GDP
      • CO2 emissions low
      • Total unemployment 3.2%
      • 5019000 pop
      • Life expectancy 81.4
      • Infant mortality 2.8 per 1000
      • HDI 0.955- best in world
    • North Korea
      • 24.45 million pop
      • Life expectancy 66
      • 60 capital punishments in 2010
      • Infant mortality 2%
      • HDI 0.733
      • GDP $1716

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