List important factors in understanding how developed a country is.
Unit 7 Day 2
Students will be able to describe measures of development, how changes contribute to gender parity, and explain different theories of economic and social development.
AP Learning Goals:
7.3 Describe social and economic measures of development.
7.4 Explain how and to what extent changes in economic development have contributed to gender parity.
7.5 Explain different theories of economic and social development.
GDP: Gross Domestic Product
GNP: Gross National Product
GNI: Gross National Income
Per capita: Value per person.
Formal economy: Legal economy governed by regulations.
Informal economy: Unregulated economy not monitored by the government.
Income distribution: How income is distributed among the population.
Fertility rates: Average number of children born to a woman.
Infant mortality rates: Number of infant deaths per 1,000 live births.
Renewable energy: Energy from naturally replenished sources.
Literacy rates: Percentage of people who can read and write.
GII: Gender Inequality Index
Reproductive health: Health related to the reproductive system.
Empowerment: Increasing the societal, personal, and political strength of individuals.
HDI: Human Development Index
Microloans: Small loans provided to individuals to start businesses.
Rostow’s Stages of Economic Growth: Theory of economic development.
Wallerstein’s World Systems Theory: Theory focusing on global economic systems.
Dependency Theory: Theory emphasizing dependency relationships.
Commodity dependence: Reliance on primary agricultural or mineral goods.
Development originates from the Industrial Revolution and technological innovations.
Production increases material wealth but does not guarantee happiness, social stability, or environmental balance.
Various approaches exist to measure development, each with advantages and disadvantages.
Gross National Product (GNP): Total value of goods/services produced by citizens and corporations, including overseas production.
Gross Domestic Product (GDP): Total value of goods/services produced within a country.
Monetary value of production + income from investments - income payments to other countries.
Standardized via per capita GNI which divides GNI by population.
GNI focuses only on the formal economy and excludes the informal economy.
GNI per capita may mask wealth inequality.
It overlooks non-monetary production costs like environmental damage.
Limitations of GNI prompt exploration of alternative economic measures.
Work production efficiency based on worker count.
Digital divide: Inaccessibility of the internet.
Dependency ratio: Number of dependents per 100 working-age individuals.
Other welfare indicators include literacy, infant mortality, life expectancy, food expenses, and savings per capita.
Measures human development via social, economic, and demographic indicators:
Long and Healthy Life: Life expectancy.
Knowledge: Expected and mean schooling.
Decent Standard of Living: GNI per PPP.
Measurement of happiness that guides Bhutan's political philosophy.
Focus on good governance, balanced economic development, ecological resilience, and cultural resilience.
Women's work is often undervalued and uncounted in economic statistics.
Statistics assume household chores are female responsibilities, which are not seen as contributing to economic productivity.
Valuing women's household productivity could increase GNI by one-third.
Despite entering formal economies, women earn less and face disparities in access to food and education.
A significant portion of the world's poor are women, and a majority lack access to financial resources compared to men.
Rural women dominate agriculture as men migrate to urban sectors.
Women produce 70% of food without modern technology; cash crops often labeled as "men's crops."
Many women advocate for government representation, with Rwanda leading in female legislative representation post-civil war.
Gender inequality persists, with the GII addressing reproductive health, labor-market participation, and empowerment indices.
UN reports indicate women perform three times more unpaid labor than men, highlighting ongoing inequalities.
Map displaying levels of GII from very high to low inequality, indicating global disparities in gender equity.
Describes five stages of economic development:
Traditional subsistence farming.
Preconditions of takeoff: New leadership and diversification.
Takeoff: Industrial Revolution-like growth.
Drive to maturity: Technological diffusion and global trade.
High mass consumption: Widespread production and income.
Neocolonialism: Continued control of poorer nations by major world powers.
Structuralist theory: Large-scale economic structures influence a country's development.
Dependency theory: Political and economic links limit development in lower-income regions.
Immanuel Wallerstein's model emphasizes geography and history in global economic dynamics.
Three-tier structure: Core, semiperiphery, and periphery, explaining global connections.
Core regions benefit from wealth generation, while peripheral economies require lower skills and labor.
Semiperipheries act as intermediaries between core and peripheral economies.
Explain how modernization and development have facilitated increased equality for women in numerous countries.