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Human Development Index
The measurement of the level of development in a country
development
a process of improvement in the conditions of people through diffusion of knowledge and technology
developed country
a country that has progressed relatively far along a continuum of development.
developing country
a country that is at a relatively early stage in the process of development
Gross National Income
the value of the output of goods and services produced in a country in a year, including money that leaves and enters a country
Purchasing Power Parity
the difference in the cost of goods among countries
Gross Domestic Product
the value of the output of goods and services produced in a country in a year, not including money that leaves and enters the country
tertiary sector
involves the provision of goods and services to people in exchange for payment such as retailing, banking, law, education and government.
primary sector
activities that directly extract materials from Earth through agriculture and sometimes by mining, fishing, and forestry.
secondary sector
manufacturers that process, transform, and assemble raw materials into useful products, as well as industries that fabricate manufactured goods into finished consumer goods.
productivity
the rate of output per unit of input. In other words, the value of a particular product compared to the amount of labor needed to make it.
value added
The gross value of a product minus the costs of raw materials and energy.
literacy rate
The percentage of a country's people who can read and write.
pupil-teacher ratio
The fewer pupils a teacher has, the more likely that each student will receive effective instruction.
inequality-adjusted HDI
Modification of the HDI to account for inequality within a country
Gender-related Development Index
An indicator constructed by the UN to measure the gender gap in the level of achievement in terms of income, education, and life expectancy.
Gender Inequality Index
A measure of the extent of each Country’s gender inequality.
Female labor force participation rate
The percentage of women holding full-time jobs outside the home.
maternal mortality rate
Number of women who die giving birth per 100,000 births.
adolescent fertility rate
The number of births per 1,000 women ages 15 - 19.
women’s empowerment
Refers to the ability of women to achieve improvements in their own status economically or politically.