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31 Cards in this Set

  • Front
  • Back
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.
Composite Indicators
A single, quantitative indicator, derived from a set of other indicators. (e.g., PQLI and HDI)
Birth Rates
Births per 1000 population (10 is very low; 50 is very high)
Death Rates
the yearly number of deaths per 1000 population
Society-wide improvements in the standard of living.
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.
Economic Growth
Percentage increase in a country’s economic output (GDP) per year.
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.
Total output of final goods and services within a county’s border in one year.
Total monetary value of all final goods and services produced in an economy during one year. This used to be 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.
(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.
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 per day), used as a basis for estimating the proportion of the world’s population that exists at bare levels of subsistence.
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.
More Developed Countries. Sometimes refered to as the OECD countries.
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.
Middle Income Countries
LDCs with per capital incomes abovfe $775 and below $9265 in 2000.
PQLI (Physical Quality of Life Index
A composite of infant mortality, life expectancy at age 1 and literacy rates (1-100)
Per Capital Income
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.
Relative Poverty
Having an income well below the local average (When an American family has a smaller large-screen TV than the family next door).
Total Fertility Rates
The average number of children that is born to each woman
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