UT1 Flashcards
(31 cards)
What is development
Improvement in quality of life and living conditions
Why do people have different development goals
Because their life situations and needs are different
Can two people have conflicting development goals
Yes what is development for one may be harmful to another
What is an example of conflicting development goals
Industrialists want dams tribals may lose land due to dams
Is income the only goal people have
No people also want respect equality freedom and security
Why are non material goals important
Because they influence the quality of life beyond money
What do developmental goals include besides income
Equality freedom security and respect
What does national development mean
Development that improves the lives of all citizens in a country
Can people have different ideas of national development
Yes people and groups often have different and conflicting ideas
What is the fair way to define national development
A way that benefits the majority and is just to all groups
Why is income considered a development goal
Because it helps people buy goods and services they need
What is total income
The sum of all incomes of residents in a country
Why is total income not enough to compare countries
Because it does not account for population differences
What is average income
Total income divided by total population
What is per capita income
Another term for average income
How does the World Bank classify countries
Based on their per capita income
What is the threshold for rich countries as per World Bank
Countries with per capita income above 63400 dollars
What is the threshold for low income countries as per World Bank
Countries with per capita income around 2400 dollars or less
What is India’s per capita income as per the textbook
About 10030 dollars per year
Why is average income useful
It allows comparison between countries or states
Does average income show how income is distributed
No it hides the inequality in income
What is a limitation of average income
It can be the same in countries with very unequal income distribution
Which country is better if income is equally distributed
The one with less disparity in income among its citizens
Why is it important to look beyond income
Because development includes health education and equality
