Unit 1: Lesson 3 Developed vs Developing Countries

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Human Development Index

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a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and having a decent standard of living.

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Literacy Rate

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the percentage of people who can read and write

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Infant Mortality Rate

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refers to the number of infants who die before their first birthday per 1,000 live births

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GDP

Gross Domestic Product

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the total value of goods and services produced within a country over a specific period of time

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GDP per capita

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GDP divided by the population, indicating the average economic output per person.

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Life Expectancy

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Life Expectancy

the average number of years a person is expected to live

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Skilled Labor

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workers with specialized skills and training