Development Indicators

Question 1

Single indicators disadvantages (Inequalities exist between rich and poor)

Answer 1

Hide variations within countries. For example, Saudi Arabia performs well in economic development measures because of the oil industry.

Question 2

Single Indicator Disadvantage (Purchasing power)

Answer 2

Countries appear less developed and/or have a low quality of life as one dollar will often go further and buy more necessities in some parts of the world

Question 3

Single Indicator Disadvantage (Regional Variations)

Answer 3

Masked. Eg In Brazil rural and urban areas differ greatly. Rural communities lack services such as healthcare and education for youngsters.

Question 4

Single Indicators Disadvantage (Informal Economy)

Answer 4

Is not considered as single indicators are too narrow. In China subsistence agriculture remains common and is not yet monetised - devalues the economic output of China.

Question 5

HDI benefit

Answer 5

Gives a more accurate picture on development by measuring aspects of health, education and economic activity