4.3.1 Measures Of Development Flashcards
(9 cards)
1
Q
4.3.1a
Three Dimensions of HDI
A
- Education
- Health
- Living Standards
2
Q
4.3.1a
HDI : Education
A
Measured : Mean years of schooling + expected years of schooling
3
Q
4.3.1a
HDI : Health
A
Measured : life Expectancy
4
Q
4.3.1a
HDI : Living Standards
A
Measured : GNI Per capita
5
Q
4.3.1a
Weighting of HDI
A
Equal weighting
Each component = 1/3
6
Q
4.3.1a
Value of HDI
A
Closer to 1 = more developed
7
Q
4.3.1b
Advantages of using HDI
A
• Combines economic + social indicators → captures multidimensional development
• Enables comparison between countries and over time
8
Q
4.3.1b
Disdvantages of using HDI
A
- Doesn’t include inequality, environmental quality, or political freedom → may give incomplete picture
- some countries don’t give correct info
9
Q
4.3.1c
Other Development Indicators
A
- access to clean water
- CPI