1- Development, 1- Industry
Terms in this set (64)
What is development? the improvement of quality of life as a country changes
-Climate (fertility)
-Location (trade route/landlocked)
-Raw materials/fuels/energy supply
-Natural hazard
Factors influencing development -Trade (tariffs)
-Corruption
-War
-Discrimination (fewer workers)
-Over/Underpopulation
What is an indicator of development? a factor to measure the development of a country
It is a composite index/combines different indicators;
Life expectancy at birth;
Expected/mean years of schooling;
What is HDI (Human Development Index)?
GDP/GNI;
An overall score is calculated between 0 and 1;
The higher the score the more developed they are;
HDI
Composite
3 factors (life expectancy / GDP / education)
Benefits of HDI
Compare countries
Look for change over time
What is GDP? total value of goods/services of a country in a year
What is GNP? total value of goods/services of people of a nationality in a year
What is life expectancy? Average age a person can expect to live to
What is literacy rate? Percent of people in a country who can read and write
What does per capita mean? per person/population
absolute poverty unable to afford absolute needs (e.g food)
What is a TNC? transnational corporation
What is an inequality? Variation in wealth/standard of living/development