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Global development (Development (Development - An improvement in the…
Global development
Development
Development - An improvement in the quality of life and standard of living for the population of a country
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Standard of living - the level of wealth, comfort, material goods and necessities available to a certain group of people in a certain geographical area
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Development indicators - usually a numerical measure which can be used to compare different countries levels of development
Gross Domestic Product - total value of everything produced by all the people and companies in a country within a certain time period
Human Development Index - Composite indicator that combines health (life expectancy), knowledge (adult literacy) and standard of living (GDP per capita - per person) and country is given a score between 1 and 0 - 1 is best
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Types of development
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Social development - A number of changes that have a direct impact on the populations quality of life
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Development gap - difference between the parts of the world that are wealthy and the parts which aren't
Brandt line - virtual socioeconomic and political line on the globe which splits the developed and wealthy countries in the 'North' from the poorer developing countries in the South
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Industry sectors
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Increase in tertiary
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More attractive jobs - cleaner, safer and physically easier
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Aid
A transfer of resources to a country or organisation in order to help them meet their needs - food, water, skills, training, equipment or financial loans
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Richer countries give lots of money as it makes them look good, but in reality it is only a fraction of their GNI
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Tied aid - when one country donates money or resources to another, but with conditions attached
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