Flashcards in An unequal world/ what is development? Deck (3)
- how rich or poor a country is
- development is a scale: countries are rarely either rich or poor, they can be somewhere in the middle
low income countries (LIC) –> newly emerging economies (NEE) –> high income countries (HIC)
How can we measure how developed a country is?
By using development indicators
Development indicator examples:
> income (usually measured in GDP/GNI) > life expectancy > literacy rate > access to clean water > number of doctors