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These flashcards cover key vocabulary and concepts related to human development, economic indicators, and measures of quality of life.
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Human Development
The process in which countries improve and become stronger, measured by specific aspects such as quality of life and living standards.
Economic Development
The measure of a country's wealth and potential economic growth, often assessed through indicators like GDP.
GDP (Gross Domestic Product)
The total value of all goods and services produced in a country.
GDP per Capita
The average amount earned by each person in a year, calculated by dividing GDP by the working population.
Primary Sector
The sector involved in extracting natural resources or raw materials.
Secondary Sector
The sector involved in processing natural resources to produce purchasable goods.
Tertiary Sector
The sector that involves the selling of goods and providing services.
Quaternary Sector
Activities related to research, technology, and communication.
Human Development Index (HDI)
A measurement of well-being and quality of life in a country, based on GDP per capita, education, and life expectancy.
Life Expectancy
The average lifespan of a person in a given country, influenced by factors like healthcare and nutrition.
Infant Mortality Rate
The number of deaths of children under one year of age per 1,000 live births in a year.
Gini Coefficient
A ratio that measures income inequality within populations, ranging from 0 (perfect equality) to 1 (perfect inequality).
Literacy Rate
The percentage of adults in a given population who can read and write coherently.
Mortality Rate
The rate of death in a population, influenced by access to healthcare and sanitation.
Sustainable Development
Development that meets present needs without compromising future generations, balancing economic growth and environmental protection.
Sustainable Development Goals (SDGs)
A collection of 17 global goals set by the United Nations to promote prosperity while protecting the environment.
Global North and South
A terminology used to describe the socio-economic and political divides between more developed and less developed regions.
More Economically Developed Countries (MEDCs)
Countries with higher economic growth and better living standards.
Less Economically Developed Countries (LEDCs)
Countries with lower economic growth and poorer living conditions.