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4 Cards in this Set

  • Front
  • Back

Development

The progress of a country in terms of economic growth, the use of technology and human welfare. Types include economic, social, cultural and environmental

LIC

A country that has a GNI per capita of $1045 or less. Poorer countries that have mainly primary jobs Eg farming Eg Bangladesh

HIC

A country that has a GNI per capita of $12735 or above. These are richer countries that have lots of high tech and services jobs Eg uk

NEE

A country with an intermediate level of income, GNI between $1046-12735. They experience higher rates of economic growth as they develop manufacturing industries, attracting TNC’s Eg. Brazil (bric)