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HDI
Measures a countries level of development.
MDC
Referred to by the UN as a very high developed country.
LDC
A country that has made some progress toward development but though less that a developed country.
UN
Created the HDI
HDI factors
Standard of living, long/healthy life, access to knowledge.
Poor HDI score
55% and below
High HDI score
80% or above
Africa & S. Asia
Regions with lowest HDI scores
Nine
Number of HDI regions (2 high / 7 mid to low)
Primary Sector
Directly extracting materials from her through agricultural or through mining fishing or forestry.
GNI in developing countries
High percentage spent on primary sector
GNI in developed countries
Low percentage spent on primary sector
Secondary sector
Manufacturing raw materials into products
Tertiary sector
Providing goods and services to people in exchange for payment
Tertiary Jobs
Retail, banking, law, education,
Secondary sector job
Building a table in a factory
UN measure for standard of living
Annual gross income per capita
GNI
The value of the output of goods and services produced in a country in a year including money that leaves and enters the country
PPP
An adjustment made to the GNI to account for differences among countries in the cost of goods.
Per Capita GNI
Dividing Gross National Income by the Total Pop
GNI Problem
Measures average wealth not the distribution of wealth.
GDP
Measures the output of goods and services in a country but does not count money leaving country.
Productivity
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
Machines, tools, equipment
A main reason workers in developed countries make more than in developing countries.
Consumer goods
something residents of Developed countries have that developing countries have less of. (computers, automobiles, smartphones).
Smartphones
Technology that expanding quickly in the developing world.
North Am.
Region with the highest per capita income.
Europe
Region with the highest number of cell phones (per 1000)
US & Europe
Regions with the highest vechicles (per 1000)
UN development goal
help countries become healthier and wiser not just wealthier.
Schooling
The most crucial measure to help people gain knowledge for development (UN).
years of schooling measurment
The number of years the avg person 25 + has spent in school.
4.7
Schooling years in Sub-Sahara Africa.
11.5
Avg years in school for developed countries.
Expected Schooling measurre
Avg yrs. a 5 yr old expected to be in school.
16.3
How long 5 year old is expected to be in school in Developed country.
9.3
How long 5 year olds are forecasts to be ins school in sub Sahara Africa.
Pupil/teacher ratio
Avg number of students a classroom teacher has (lower is better)
Literacy Rate
Percentage of a country's people who can read and write.
Education paradox
Developing countries may spend a higher % of GNI on Educ than Developed but the spending per pupil is still far lower in Developing countries.
Developing Learning disadvantage
Students must often use books that are not in their native language.
Life Expectancy at Birth
What UN selected as major contributor to HDI calculation.
80 yrs.
Avg life expectancy in developed country
57 yrs
Avg life expectancy in developing country
Highest HDI
Southern Scandinavia to Western Germany
IHDI
Modified HDI to account for inequality in a country.
Rich/Poor Gap
The IHDI is primarily intended to show this in a country
Kurdish
Region of Turkey that has a high IHDI (more inequality) than other parts of the country.
Northeast
Region in the US with the highest GDP per capita
Southeast
Region in the US with the lowest GDP per capita
GDP per captia
Developed countries have a less regional variation of this than developing countries.
Health Care & Education
Developed Countries provide this to the poor to make their societies more equal