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.
2
Q
What does LEDCs stand for?
A
LEDCs stand for Less Economically Developed Countries.
3
Q
What does MEDCs stand for?
A
MEDCs stand for More Economically Developed Countries.
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).
5
Q
Give two examples of social and economic indicators.
A
Economic : GDP (Gross Domestic Product)
Social: Literacy rate