Geography: Economic Development

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Economic Indicators
GDP (Gross Domestic Product i.e. the value of goods the country produces every year). GDP (per capita) the amount of money per head divided by the whole population.
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Social Indicators
(all per 1,000 per year) Birth rate, Death rate, Infant mortality rate, People per doctor, Literacy rate, Access to safe drinking water, Life expectancy, Physical Quality of Life index (PQLI) and Carolie intake
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Other Indicators
Human development index (HDI) - number that's calculated using life expectancy, literacy rate, education level (e.g. degree) and income per head.
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Development indicators have some disadvantages...
1) Economic indicators can be inaccurate for counties where trade is informal (not taxed). 2) Social indicators, are more difficult to measure but they give an indication on the quality of life.
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Categories of Development
MEDC, MDC, NIC, LEDC, LDC, MIC are better ways of categorising counties because in the 1980s the Brandt line was a limited indication of MEDCs and LEDCs, for instance South Africa is more developed than Ethiopia.
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Other cards in this set

Card 2

Front

Social Indicators

Back

(all per 1,000 per year) Birth rate, Death rate, Infant mortality rate, People per doctor, Literacy rate, Access to safe drinking water, Life expectancy, Physical Quality of Life index (PQLI) and Carolie intake

Card 3

Front

Other Indicators

Back

Preview of the front of card 3

Card 4

Front

Development indicators have some disadvantages...

Back

Preview of the front of card 4

Card 5

Front

Categories of Development

Back

Preview of the front of card 5

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