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development
The use of resources and technology to bring about improvement in living conditions of people
What are the three main areas that development is measured in?
Economic
Social
Environmental
What does economic indicate
Income and wealth
What is an example of a economic indicator
GDP
What does gdp stand for
Gross domestic Product
GDP per capita
shows an average of what people earn in country in a year
WHat does Social indicate
quality of life
Common indicators of social include
Health
Education
Housing
Examples of Health indicators
infant mortality, life expectancy, number of doctors,
nutrition, sanitation
Examples of education indicators
literacy, age of school exit, skills training, number
of teachers
Examples of housing indicators
type of housing, %population living in shacks
What does environmental indicate
Shows the extent and effects of humans on the environment
Common indicators for environmental include
CO2 levels, pollution, waste, resource use, quality of water, fish stocks
HDI
Human development index
What 3 indicators does HDI include
GDP per capita
Literacy rates
Life expectancy
How is HDI measured
0 to 1
1 being a very developed country
What is the HDI of South Africa
0.71
True or false:
GDP shows how income is distributed
False
MEDC
more economicaaly developed country
LEDC
less economically developed country
What does the Brandt line do
It splits the MEDCs from LEDCs
Infant mortality
death of a newborn baby within 0 - 1 years
Colonialism
the policy of taking control of other countries in order to benefit from trade.
What was the main aim of colonialism
the policy of taking control of other countries in order to benefit from trade.
Globalisation
The economic, social and technological exchange between countries. It is a continuation of the unequal trading relationship that started during colonisation
MNCs
Multinational Corporations
Sweatshops
crowded workplace with very poor, socially unacceptable or illegal working conditions.
International trade
trading between different countries
Trade bloc
Group of countries that have agreed to trade with each other
Balance of trade
the difference between the exports (the monetary value) and the imports (monetary value)of a country.
Technology
using tools, machines and methods used to perform tasks
Industrialization
using manufacturing methods to produce goods