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4.2 Measuring Development (per capital income figures (disadvantages (does…
4.2 Measuring Development
per capital income figures
+ve correlation with social welfare
disadvantages
does not include leisure
does not include subsistence
no income inequality
environmental degradation
other indicators
health
infant mortality
maternal mortality
life expectancy
education
literacy rate
pri/sec school enrolment
expected years of schooling
HDI (composite indicator)
advantages
education
access to goods and services
health
disadvantages
environmental concerns
relies on national average
conceals disparities within a population