Measuring Development Flashcards
1
Q
Gros Domestic product (gdp)
A
The economy; Total value of goods and services produced in a year.
2
Q
Poverty line
A
The minimum level of income required to meet a persons basic needs ($1.25 USD)
3
Q
Measures of Inequality
A
Measures of inequality shows how equal wealth is distributed amongst the population.
4
Q
Access to safe drinking water
A
Percentage of population who can read and write aged 15+
5
Q
What is the HDI? (Human Development Indicator)
A
It is a geographical indicator that measures the quality of life. It is good, but not always the best indicator. Wealth can be very unevenly distributed.
