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Human Development Index
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What to do Pick up a handout Get out your journal Journal Question What are some ways that we can indicate the level of development of a country? Why is this important?
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Economic Development: Terms to Know
Human Development Index: ranks countries based on their level of economic development Birth Rate: Births per 1,000 Infant Mortality: Infant deaths per 1,000 births.
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Economic Development: Terms to Know
Gross Domestic Product (G.D.P.): Total of goods and services made in a nation in one year G.D.P. per capita: G.D.P. per person Size of Population: the number in a country, used to divide into G.D.P. to create G.D.P. per capita
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Economic Development: Terms to Know
Life Expectancy: the average number of years an individual in the country is expected live. Literacy Rate: Percentage of people who can read and write Standard of Living: the expected level of living for a country
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Economic Development: Terms to Know
Less Developed Country: often have low standards of living and less advanced technologies Newly Industrialized Country: moving from less developed to more developed More Developed Country: often have advanced economies with abundant technological resources
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