Differences in Economic Development (HSC SSCE Economics): Quizzes

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Differences in Economic Development
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What does economic growth measure?

Increase in GDP or GNI

Which are the three key dimensions of the Human Development Index?

Life expectancy, education, GNI per capita

What percentage of global wealth is owned by the top 1% of people?

46%

What is the range of HDI scores?

Between 0 and 1

UAE has higher GNI per capita than Australia but lower HDI. What does this show?

Income doesn't automatically ensure development

Cuba and Morocco have similar income levels but Cuba ranks 40 places higher in HDI. Why?

Government policy and spending priorities matter

How many Sustainable Development Goals were agreed in 2015?

17 goals to be achieved by 2030

When did global HDI decline for the first time since records began?

In both 2020 and 2021

How is wealth distributed compared to income globally?

Wealth is distributed more unevenly than income

What is the relationship between economic growth and economic development?

Growth is necessary but not sufficient

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