Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
34 Cards in this Set
- Front
- Back
Development
|
Society-wide improvements in the standard of living.
|
|
Economic Growth
|
Percentage increase in a country’s economic output (GDP) per year.
|
|
Absolute Poverty
|
When a population is able to only meet bare subsistence needs (food, shelter). Up to 50% of people in some LDCs face such stark poverty. MDCs have eradicated this kind of poverty.
|
|
Relative Poverty
|
Having an income less than 60% of the national mean.
|
|
LDCs
|
Less Developed Countries—The former colonies of Africa, Asia and Latin American that, after WWII, where all much poorer than the countries of Europe. Also referred to as “Third World” countries and “underdeveloped” areas.
|
|
MDCs
|
More Developed Countries. Sometimes refered to as the OECD countries.
|
|
LIC (LCD)
|
Counties with a mean GNI?capita of US$1005
|
|
LMIC
|
Countries with a mean GNI between $1006 and $3975
|
|
UMIC
|
Countries with a mean GNI between $3976 and $12,225
|
|
OECD (MDC)
|
Countries with a mean GNI of greater than $12,226 also know as the Organization of Economic Cooperation and Development or MDCs
|
|
Birth Rates
|
Births per 1000 population (10 is very low; 50 is very high)
|
|
Death Rates
|
the yearly number of deaths per 1000 population
|
|
Doubling Time
|
Period that a given population takes to increase by the present size. Use the rule of 72: 70/population growth rate (%) = number of years to double.
|
|
Enrollment Ratio
|
the ratio of children actually attending school to the number of school aged children
|
|
Fertility Rates
|
The yearly number of children born per 1000 women of childbearing age.
|
|
GDP
|
Total output of final goods and services within a county’s border in one year.
|
|
GNI
|
Total monetary value of all final goods and services produced in an economy during one year. This used to be GNP.
|
|
GNP
|
The total domestic and foreign output claimed by residents of a country. This is GDP plus the factor incomes of residents abroad minus incomes of foreign residents within the country.
|
|
Income Distribution Rations
|
These figures demonstrate what percentage of the national income is captured by each quartile (20%) of the population.
|
|
Infant Mortality Rates
|
Number of live born infants that die before age 1 (out of every 1000 births)
|
|
International Poverty Line
|
An arbitrary international real income measure, usually expressed in constant dollars (e.g., $1 or 3 per day), used as a basis for estimating the proportion of the world’s population that exists at bare levels of subsistence.
|
|
Life Expectance Rate
|
The average number of years that a person in a country is expected to live given present living conditions.
|
|
Literacy Rate
|
Percentage of the population that can read and write.
|
|
PQLI (Physical Quality of Life Index
|
A composite of infant mortality, life expectancy at age 1 and literacy rates (1-100)
|
|
Per Capital Income
|
GDP/Population
|
|
Population Density
|
Total # domestic residents/Total Land Area
|
|
Purchasing Power Parity
|
The purchasing power of a country’s currency. The number of units of the currency required to purchase the same goods and services that a US dollar would buy in the US.
|
|
Total Fertility Rates
|
The average number of children that is born to each woman
|
|
NICs
|
A small group of former LDCs who have developed advanced manufacturing and financial sectors. The are now middle income countries
|
|
Population Growth Rate
|
The increase in a countries population in a year expressed as a percentage of the population. It reflects the difference between the birth rate and the death rate.
|
|
Dependence Ratio
|
The ratio of non-working (children and old people) to working adults
|
|
Composite Indicators
|
A single, quantitative indicator, derived from a set of other indicators. (e.g., PQLI and HDI)
|
|
HDI
|
(Human Development Index)—A composit indicator measuring national sociological development based on measures of life expectancy at birth, educational attainment, literacy and adjusted real per capita income.
|
|
Human Poverty Index
|
Index measuring depriviation in basic human development in the country. Variales usd are the % of people expected to die before age 40, adult illiteracy rate, percentage of people without access to health services and safe water, and percentage of underweight children 5 yers of age.
|