7.4 Women and Economic Development

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9 Terms

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Global Gender Gap Index

Measures gender disparities in economic participation, educational attainment, health, and political empowerment.

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Effects of Employment for Women

Improves healthcare access, educational opportunities, and specialized working conditions enhancing women's status in society.

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Correlation of Development and Gender Gap

As countries develop, women's workforce participation and access to education and employment opportunities increase.

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Gender Gap in Developed Countries

More developed countries tend to have a smaller gender gap.

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Informal Economy for Women

Many women work in the informal economy, lacking health insurance, paid sick leave, and minimum wage protections.

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Barriers for Women in Employment

Includes discrimination, lack of education access, unpaid care work, limited credit access, and societal stereotypes.

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Micro Loans

Small loans provided to individuals or small businesses to enable financial expansion or start-ups.

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Micro Financing

Financial services designed for individuals and small businesses lacking access to traditional banking.

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Bank Account for Women

Allows safe storage of money, access to credit, participation in financial institutions, and expansion of business and lifestyle options.