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11 Cards in this Set

  • Front
  • Back

Poverty

the state of being extremely poor.

Gdp (Gross Domestic Product)

Gross Domestic Product (GDP) is the broadest quantitative measure of a nation's total economic activity. More specifically, GDP represents the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time.

Happy planet index

The Happy Planet Index (HPI) is an index of human well-being and environmental impact that was introduced by the New Economics Foundation (NEF) in July 2006. The index is weighted to give progressively higher scores to nations with lower ecological footprints.

Medc & Ledc

MEDCs and LEDCs. Development means almost the same as wealth. A developed country (MEDC) is a rich country. A developing country (LEDC) is a poor country. Development is often taken to mean the wealth of a country.

Millennium development goals

The Millennium Development Goals (MDGs) are the world's time-bound and quantified targets for addressing extreme poverty in its many dimensions-income poverty, hunger, disease, lack of adequate shelter, and exclusion-while promoting gender equality, education, and environmental sustainability.

HDI (human development index)

The Human Development Index (HDI) is a composite statistic of life expectancy, education, and income per capita indicators, which are used to rank countries into four tiers of human development.

Foreign aid

money, food, or other resources given or lent by one country to another.

bilateral aid

Bilateral aid - from one country to another. Multilateral aid - from international organisations which receive money from several countries e.g. United Nations, the World Bank. Emergency or short-term aid – food or medical help to give short term relief.

multilateral aid

Multilateral aid is assistance provided by governments to international organisations like the United. Nations, World Bank, and International Monetary Fund (IMF). These organisations seek to reduce poverty in. developing nations.

poverty cycle

The cycle of poverty has been defined as a phenomenon where poor families become impoverished for at least three generations,ir

slum

a squalid and overcrowded urban street or district inhabited by very poor people.