lecture 1 Flashcards

(18 cards)

1
Q

Gross National Income (GNI) is defined as:

A

total income earned by a nation’s residents and businesses in a given period, including both domestic and foreign income,

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2
Q

The concept of “development” gained global prominence after:

A

ww2

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3
Q

Which organization ranks countries using the Human Development Index (HDI)?

A

the United Nations development program

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4
Q

HDI

A

Human development Index

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5
Q

Gross National Income (GNI) includes:

A

Gross National Income (GNI) includes:

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6
Q

Purchasing Power Parity (PPP) compares countries based on

A

The cost of Living

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7
Q

A high Gini coefficient indicates:

A

High inequality

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7
Q

The Gini coefficient measures:

A

C. Income inequality

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8
Q

Amartya Sen defined development as:

A

Expansion of freedoms and capabilities

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9
Q

Which of the following is an example of social development?

A

. Improved life expectancy

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10
Q

Dependency theory argues that underdevelopment is caused b

A

C. Unequal global economic relations

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11
Q

The Brandt Line divides the world into:

A

B. Rich North and Poor South

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12
Q

Which of the following is a criticism of GDP as a development measure

A

It ignores environmental costs

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13
Q

Least Developed Countries (LDCs) are identified b

A

Economic vulnerability and low human development

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14
Q

Development as modernization emphasises:

A

Industrialisation and Western progress

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15
Q

Income inequality within countries is called

A

. Internal inequality

16
Q

Which index measures income distribution?

A

Gini coiffincet