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Different ways to measure development are?...
Health, Education, Industry
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Economic indicators are:
Gross Domestic Product (GDP), Gross National Product (GNP), GNP per capita, Economic growth, Inequality of wealth, Inflation, Unemployment, Economic structure, Demographics
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Gross Domestic Product (GDP)
The total value of goods and services produced by a country in a year.
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Gross National Product (GNP)
Measures the total economic output of a country, including earnings from foreign investments.
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GNP per capita
Is a country's GNP divided by its population. (Per capita means per person.)
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Economic growth
Measures the annual increase in GDP, GNP, GDP per capita, or GNP per capita.
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Inequality of wealth
The gap in income between a country's richest and poorest people. It can be measured in many ways, (eg the proportion of a country's wealth owned by the richest 10 per cent of the population, compared with the proportion owned
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Inflation
Measures how much the prices of goods, services and wages increase each year. High inflation (above a few percent) can be a bad thing, and suggests a government lacks control over the economy.
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Unemployment is
The number of people who cannot find work.
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Economic structure shows
The division of a country's economy between primary, secondary and tertiary industries.
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Demographics
Study population growth and structure. It compares birth rates to death rates, life expectancy and urban and rural ratios. Many LEDCs have a younger, faster-growing population than MEDCs, with more people living in the countryside than i
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Economic indicators are:

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Gross Domestic Product (GDP), Gross National Product (GNP), GNP per capita, Economic growth, Inequality of wealth, Inflation, Unemployment, Economic structure, Demographics

Card 3

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Gross Domestic Product (GDP)

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Card 4

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Gross National Product (GNP)

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Card 5

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GNP per capita

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