Development Flashcards

(5 cards)

1
Q

In geography terms, what does the term development mean?

A

Development means the difference between the quality and standard of living around the world.

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2
Q

What does LEDCs stand for?

A

LEDCs stand for Less Economically Developed Countries.

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3
Q

What does MEDCs stand for?

A

MEDCs stand for More Economically Developed Countries.

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4
Q

Name the 2 popular ways of measuring development.

A

1• Economic indicators– indicators that measure wealth.

2•Social Indicators– indicators that measure health and education (HDIs Human Development Indicators).

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5
Q

Give two examples of social and economic indicators.

A

Economic : GDP (Gross Domestic Product)

Social: Literacy rate

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