Measuring Development (OCR GCSE Geography B (Geography for Enquiring Minds)): Flashcards
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GNI per capita
GNI per capita
Average wealth per person in a country
PPP (Purchasing Power Parity)
PPP (Purchasing Power Parity)
Adjustment showing what money can actually buy
Subsistence farming
Subsistence farming
Growing food for your own family
GNI/capita limitation: what averages hide
GNI/capita limitation: what averages hide
Wealth inequality
HDI
HDI
Human Development Index - composite development measure
Three components of HDI
Three components of HDI
Wealth (GDP/capita at PPP), health, education
Life expectancy
Life expectancy
Average age people are expected to live
Adult literacy rate
Adult literacy rate
Percentage of adults who can read
HDI score range
HDI score range
0 (lowest development) to 1 (highest development)
HDI advantage over GNI alone
HDI advantage over GNI alone
Includes social factors alongside economic wealth