Development
Progress in economic growth that the quality of life improves
Development gap
The level of development is different in different countries
How do we measure development?
MEASURES OF DEVELOPMENT
Economic measures of development
GNI & GNI per capita
Social measures of development
B & D rate, infant mortality rate , literacy rate & life expectancy
What are HIC’s based on?
How wealthy a country is (High GNI per capita)
What are LIC’s based on?
How poor a country is (Low GNI per capita)