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Economic development, Population, Economic development - Coggle Diagram
Economic development
Factors (population growth)
Birth rate
death rate
fertility rate
Net migration
Poverty
Causes
Unemployment
Low wages
illness
age
Policies to alleviate poverty + redistribute income
increased economic growth
improved education
increased state benefits
progressive taxes
Subsides
Living standards
Real GDP per head
Human development index
health
education
Standard of living
Comparing living standard and income distribution
within countries
Unequal income distribution = a larger no. of people have
inherited income and wealth
Income of skilled workers compared to unskilled. Skilled workers may be concentrated in certain parts of the country
Business owners or shareholders may receive more money
Job availability in certain parts of the countries = enabling those who live in the area earn an income
Between countries
One’s economy may be more successful in productive activities (productivity levels )
Quality of education + health care facilities
Higher capital investments → advanced in technology
vary infrastructure, in area of transportation + communication
greater abundance of natural resources
Economic development
Factors
Differences in income
productivity
Population growth
Size of primary/secondary/tertiary sectors
saving + investment
education
healthcare
Population
structure of population
Age
Gender structure
urban/rural
Economic development