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ECONOMIC DEVELOPMENT - Coggle Diagram

- - - - Living on less than US$1.90 per day (at purchasing Power Poverty
    - - The inability to purchase the basic necessities of life
    - - The situation of being poor relative to others
    - - Where people lack not only material goods but also access to items needed to enjoy a long, healthy and creative life, including self-esteem and the respect of others
- - - - GNI per capita (at PPP) in excess of US$12,055
      - Largely located in the northern hemisphere (except Australia and New Zealand)
      - Highly industrialised
      - Moderate climate (allows natural resources to be exploited effectively and is suitable for agriculture)
      - Have financial resources to provide a high level of education, health care and housing
      - Largely non-infectious diseases
    - - GNI per capita is less than US$12,055
      - Largely situated in the Southern Hemisphere
      - Generally rely on agriculture and have less educational opportunities
      - Cover 2/3 of the Earth's land surface and 4/5 of the world's population
      - Harsher climates
      - Lack of adequate healthcare (life expectancy tends to be shorter and higher levels of prevalence disease)
    - - Group of countries that have recently attained a high level of development on the back of policy of industrialisation
        
        Argentina
        
        Brazil
        
        Greece
        
        Hong Kong
        
        Mexico
        
        Portugal
        
        Singapore
        
        Spain
        
        Taiwan
    - - BRICS
        
        countries that are forecasted to be the four most dominant countries in the world with 2/5 of the population by 2050
        
        Brazil
        
        Russia
        
        India
        
        China
      - MINTS
        
        Countries that have been recently identified as the new engines of global growth
        
        Mexico
        
        Indonesia
        
        Nigeria
        
        Turkey