INDICATORS OF ECONOMIC DEVELOPMENT

Slides:

Advertisements

Similar presentations

Indicators of ECONOMIC and SOCIAL Well Being. Key Idea 4.

Advertisements

BEGINNING: DEVELOPED OR NOT?. Developed nations – also called: First world Advanced Industrialized Modernized In the past, this is generally how Americans.

Copyright © 2006 Pearson Addison-Wesley. All rights reserved. Chapter 1 Economics, Institutions, and Development: A Global Perspective.

economic development Essential Questions:

Analyzing Quantitative Data in Comparative Politics

Concept of Development

Economic Systems Different Approaches to Economics in Comparative Government & Politics.

Development and health

Elections and Public Policy. Electoral systems  Electoral systems are the rules that decide how votes are cast  Some countries use a first-past-the-post.

Chapter 9 Development -Short version-. What is DEVELOPMENT? The continued progress of a society in all areas ranging from demographics to economics to.

BellRinger 3/23/ What do you think is the richest country in the world today? 2.How do you think economists should measure a country’s wealth? We.

Less Developed Countries Charles Hauss. Comparative Politics.

Measuring Development. GDP Gross Domestic Product Value of total output of goods and services within a country in a year- p.276 PER CAPITA MDCs - $30,000.

Measuring Development

A. What is an indicator? 1. indicator – a sign or signal from some information (like a test or experiment) that tells you something 2. A society’s economic.

ECONOMIC INDICATORS. ECONOMIC INDICATORS SHOW THE HEALTH AND DEVELOPMENT OF A COUNTRY’S ECONOMY.

Chapter 2 Slide 1 Copyright © 2003 Pearson Education, Inc.

The Human Development Index What is it? 3. Knowledge (Literacy Rate, enrolment rates in school, etc.) - A yearly comparison of the development of nations.

Development & Industry

or How shiny is your toilet?

Standard of Living. Standard of living refers to the level of wealth, comfort, material goods and necessities available in a geographic area. How comfortable.

Demographic Terms Created by: Mr. D. Level of Development The productivity with which countries use their productive resources is widely recognized as.

World development and interdependence compilation.

 A piece of economic data (statistic)  indicates the direction of an economy.

Measuring Wealth Socials 9. Measuring the Wealth of Countries: GNP Organizations such as the World Bank use an annual calculation called Gross National.

Levels of Economic Development Levels of economic development are measured in goods and services available in a country.

Development Key Issue 1: Why Does Development Vary Among Countries?

AP Human Geography: Grab the warm up article on your way in, but don’t write on it! Answer questions in your warm up section.

DEVELOPMENT INDICATORS

How can economic well-being and the quality of life be measured?

Level of development and Human Development Index.

Part Six: Public Policy “Justice is itself the great standing policy of civil society; and any eminent departure from it, under any circumstances, lies.

IT and HD. HDI Definition of 'Human Development Index - HDI‘ A tool developed by the United Nations to measure and rank countries' levels of social and.

Part Six: Public Policy “Justice is itself the great standing policy of civil society; and any eminent departure from it, under any circumstances, lies.

Levels of Economic Development Levels of economic development are measured in goods and services available in a country.

What is development? How can we measure development?

Spatial Distribution of Wealth. Measuring the Wealth of Countries GNP- Gross National Product GNP- Gross National Product Countries GDP (income earned.

Levels of Development. Indicators for Measuring Level of Development Infrastructure The basic foundations of an economy Transportation, sanitation, education,

Wealth How do we measure wealth?. Gross domestic product (GDP) This measures the wealth created in a country in a given year (includes the production.

Part Six: Public Policy “Justice is itself the great standing policy of civil society; and any eminent departure from it, under any circumstances, lies.

Human Development Index

Measuring Economies GNP, GDP And “per capita”. Measuring the Size of the Economy GNP & GDP measure the size of the Economy. GNP or “Gross National Product”

Human Environments: Development Development indicators.

Part Six: Public Policy “Justice is itself the great standing policy of civil society; and any eminent departure from it, under any circumstances, lies.

Introduction to Development

DEVELOPMENT. DEFINITION Development is a process that leads to changes in the natural and human environments.

Canadian Geography 1202 Unit 4: Standard of Living and Quality of Life.

Human Environments: Development

Understanding GDP, GNP, GNI. GDP Gross Domestic Product A broad measure of an economy’s performance The total value of ALL goods and services produced.

Economic Development Vocab and Terms

Emerging and developing economies: measures of development

Human Development Index

ECONOMIC INDICATORS.

Measuring Development

How do we compare different countries??

Part Six: Public Policy

Development AP HuG.

Match the answers to the questions

Unit 1: Introduction to Geographic Studies

Economic Indicators Answers

Economic Systems of Nigeria, Kenya & South Africa

Part Six: Public Policy

الادارة الصحية: المفهوم والأهمية والخصوصية

Developed vs. Underdeveloped Countries

Development and the Tertiary Sector

DEVELOPED ECONOMY ↓ “ADVANCED ECONOMY” ↓ “INDUSTRIALISED ECONOMY” ↓ “GLOBAL NORTH ECONOMY” ↓ “MORE ECONOMICALLY DEVELOPED ECONOMY”

Economic Activities Economic Indicators Levels of Development

Comparing Quality of Life

Manufacturing: To make or process (a raw material) into a finished product, especially by means of a large-scale industrial operation.

Presentation transcript:

INDICATORS OF ECONOMIC DEVELOPMENT How do we measure it?

INDICATORS OF ECONOMIC DEVELOPMENT Post-Industrial Agricultural Industrial Service

Comparing GDP by Sector

INDICATORS OF ECONOMIC DEVELOPMENT Post-Material/Post-Modern Values emphasized by a society Stages Pre-Modern Basic Survival Modernism (Materialism) Values of Industrialism Materialism Rationalism and Reasoning

Post-Materialism/Post-Modernism Set of values that emphasize “Quality of Life” in addition to material gain. Health Care Environment Education

GROSS DOMESTIC PRODUCT per capita The total value of goods and services produced by an economy, divided by population of the country. GNP: Includes income earned by citizens outside of the country.

INDICATORS OF ECONOMIC DEVELOPMENT Human Development Index Measures overall well-being of society: Health, education, & income. 1= Very Good 0= Very Bad

Human Development Index, 2011 1. NORWAY 4. UNITED STATES 187. Dem. Republic of the Congo Life Expectancy 81 Years 78.5 Years 48 Years Years of Schooling 12.6 Years 12.4 Years 3.5 Years GDP per Capita $47,676 $41,761 $290 HDI 0.943 0.910 0.286 http://hdr.undp.org/en/statistics/ 2. Australia 3. Netherlands

Human Development Index

High level of economic development Post-Industrial Post-Modern/Post-Material High GDP per capita High score (close to 1) on HDI