DEVELOPMENT GEOGRAPHY

Think Thonk 5

Development

Processes that improve economic prosperity and quality of life.

Economic Development

Growth in wealth, production, and economic opportunities.

Quality of Life

Overall well-being including health, education, income, and living conditions.

Gross Domestic Product (GDP)

The total value of goods and services produced within a country.

Gross National Income (GNI)

The total income earned by a country's people and businesses.

Economic Indicator

A statistic used to measure economic performance.

Human Development

Improvement in people's freedoms, opportunities, and well-being

Human Development Index (HDI)

A measurement combining life expectancy, education, and income.

Industrial Revolution

A historical shift toward mechanized manufacturing and industrial production.

Urbanization

The growth of cities and city populations.

Sustainability

Meeting present needs without harming future generations' ability to meet theirs.

Standard of Living

The level of wealth, comfort, and material goods available to people.

Developing Country

A country with lower levels of industrialization and income.

Developed Country

A country with high industrialization, income, and living standards.

Global Inequality

Uneven distribution of wealth and resources worldwide.

Economic Mobility

The ability of individuals or groups to improve economic status.

Infrastructure

Physical and organizational systems that support development.

Sustainable Development Goals (SDGs)

Global goals established by the United Nations to improve quality of life and sustainability