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development
improvement in the material conditions of peole
MDC
More developed country, secondary and tertiary sectors are dominant
LDC
Less developed country, primary sector is dominant
HDI
human development index; uses multiple economic, social, and demographic variables to create an overall measure of a country's development
GDP
Gross Domestic Product; the sum total of all the goods and services created in an economy; provides a measure of the size of the economy
GNI/per capita
a measure of a country's overall income /population
primary sector
agriculture and natural resource extraction
secondary sector
industry; manufacturing
tertiary sector
services (providing goods and services to people in exchange for cash payment): e.g. education, banking, retail, law, accountants, healthcare, etc.
social indicators of develoment
education, literacy rate, nutrition, healthcare,
demographic indicators of development
life expectancy, infant mortality rate, natural increase rate and crude birth rate
gender related development index (GDI)
compares the level of women's development with national averages: includes income, job participation rate, education, life expectancy (usually higher than GEM
gender empowerment measure (GEM)
compares the ability of women and men to participate in economic and political decision making: includes income, jobs in the professional sector, political involvement