Gini index Studienführer, Klassennotizen & Zusammenfassungen

WGU D080 Q&A Graded A+ Latest Update 2023/2024 Globalization Worldwide interconnections in virtually every sphere of activity including the spread of products, technology, information, and job opportunities. Globalization can result in blurred boundaries between nations, organizations, and investors trade The action of buying and selling goods and services capital Financial assets such as funds but also equipment, facilities, and other means of production outsource To obtain...

balance of payments reports a country's trade and financial transactions with the rest of the world -trade (current account) and surplus/deficit (financial account) command economy the government owns and controls resources, taking on the authority to decide what products to make, in what quantity, in what way, and at what price -anchored in the doctrine of communism -government directed/mostly owned, collectivism market economy an economic system whereby individuals, rather...

Globalisation and the Development Gap - Answer -Between countries: Luxembourg GDP per Capita $105,000/ year compared to $220 in South Sudan - Within countries: China's coastal cities over $10,000 per capita incomes, in the rural west they're under $2000 Measuring the Development Gap - Answer -HDI: Life expectancy, income and years in education -GDP per Capita -Gender Inequality Index (GII): reproductive health of women, participation in the workforce and empowerment HDI and GII f...

what are the economic measures of development? Answer - income per capita/GDP (widely used but isn't easy to measure as earnings of informal businesses need to be accounted for) - economic sector balance (estimate so isn't accurate) (cost of living varies significantly between countries but PPP takes into account the differing costs of living) what are the social measures of development? Answer - human development index (considers a range of factors but difficult to access certain...

Six Sigma - Answer A method that provides tools for organizations to increase performance and decrease process variation Globilization - Answer when international integration arises from the interchange of world views, products, ideas, and other aspects of culture. CAGE - Answer culture, administration, geography, economics Gini Coefficient - Answer measures the inequality among values of a frequency distribution such as levels of income Happy Planet Index - Answer measures how well natio...

development - Answer- a sustained increase in the standard of living within a society Maslow's Hierarchy of Needs - Answer- physiological, safety, love/belonging, esteem, self-actualization socio-political - Answer- combining social and political factors GDP - Answer- Gross Domestic Product- the total market value of all final goods and services produced annually in an economy Gini Coefficient - Answer- A measure of income inequality within a population, ranging from zero for comple...

IR Quiz 4 final 102 Questions with Verified Answers According to political economist Albert Hirschman, the best way to increase the influence and security of a state is to ______. - CORRECT ANSWER Make other countries economically dependent Aid that is given so that the recipient can purchase military equipment serves two main purposes: supplying the recipient with weapons and ______. - CORRECT ANSWER increasing business for arms producers in the donor country At what point in history w...

Six Sigma - Answer A method that provides tools for organizations to increase performance and decrease process variation Globilization - Answer when international integration arises from the interchange of world views, products, ideas, and other aspects of culture. CAGE - Answer culture, administration, geography, economics Gini Coefficient - Answer measures the inequality among values of a frequency distribution such as levels of income Happy Planet Index - Answer measures how well natio...

Instructions Choose one question from each of the question sets below (2 sets total). In other words, you will … answering two questions total (1 from each set). Question Set 1 Explain the difference between income inequality and wealth inequality in the United States. Explain the racial wealth gap. What is social stratification? Examine four common ways or systems in which groups have become stratified. How does race or ethnicity play a role in the stratification? Briefly compare and contrast...

development - Answer a sustained increase in the standard of living within a society Maslow's Hierarchy of Needs - Answer physiological, safety, love/belonging, esteem, self-actualization socio-political - Answer combining social and political factors GDP - Answer Gross Domestic Product- the total market value of all final goods and services produced annually in an economy Gini Coefficient - Answer A measure of income inequality within a population, ranging from zero for c...