Social Indicators and International Comparisons (Grade 12 NSC Matric Economics): Flashcards

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Social Indicators and International Comparisons
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Social indicators measure

Quality of life & human well-being

SA life expectancy decline (years & main cause)

From 62.8 to 47 years, mainly due to HIV/AIDS

Weight for age (underweight) shows

When children weigh less than they should for their age

Infant mortality rate definition

Children who die before reaching 1 year of age

Youth literacy rate measures (age range)

15-24 year olds who can read and write

Urbanisation measures

How much of population lives in cities and towns

Housing subsidies help

Poor citizens who cannot afford to buy property

World Bank & IMF standardise

Which indicators to measure & how to use them

Financial aid requires data on

Income, production, expenditure, poverty, education, health

Liberalised capital markets mean

Money moves to where it can get best returns

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