the changing economic world Flashcards
(51 cards)
GNI per capita
gross national income per person
how is GNI per capita calculated
GNI/population
quality of life
general wellbeing of a country’s people
limitations of GNI per capita
data can be hard to collect in rural areas, GNI is coverted to USD but currencies change all the time, poeple can lie about their income
informal economy
a part of the economy which isnt taxed or regulated by the government. e.g. markets, drug trade
birth rate
number of births per 1000 of the population per year
limitations of birth rate
data may be innaccurate if there is no reliable system of recording births
death rate
number of deaths per 1000 people per year
limitations of death rate
data is inaccurate if there is no reliable system of recording deaths
infant mortality rate
number of children who die before the age of 1 per 1000 live births per year
limitationsof imr
not all infant deaths are recorded so some are buried in unmarked graves
life expectancy
average number of years a person is expected to live
limitations of LE
if people live past infancy, their life expectancy is much higher
people per doctor
number of people who depend on one doctor
limitations of people per doctor
poeple use alternative ways to get medical help e.g. internet
literacy rate
percentage of people with basic reading and writing skills
limitaitonsof literacy rate
carrying out surveys can be difficult in rural LICs
Human Development INdex (HDI)
Gni per capita, life expectancy, average years in school, 0-1
limitations of HDI
doestn represent inequalities
what is the demograohic transition model
theory that describes the changes in birth and death rates and population growth as a country develops economically
what happens in stage1 of dtm
high birth rate, high death rate, slight natural increase, Amazonizantribes
what happens in stage 2 of dtm
high birth rate, falling death rate due to improvement in health care, increasing natural increase, example = Burkina Faso
what happens in stage 3 of dtm
birth rates decreasing, death rates decreasing, example = South Africa
what happens in stage 4 of dtm
birth rates still decreasing, death rates low, UK
