Economic Development

Economic activities that involve taking or using resources from the Earth. These include farming, minining, forestry and fishing.

• Primary sector

• Secondary sector

• Tertiary sector

Economic activities in which individuals provide a service in exchange for money. Examples include doctors, teachers, cashiers, truck drivers, etc.

• Primary sector

• Secondary sector

• Tertiary sector

Economic activities that involve making something or manufacturing.

• Primary sector

• Secondary sector

• Tertiary sector

Highest HDI scores (0.8 - 1.0)

Most peopke are employed in services

Wealthiest, healthiest and generally most educated

• More Developed Countries (MDCs)

• Newly Industrialized Countries (NICs)

• Less Developed Countries (LDCs)

Lowest HDI scores (0.0-0.69)

Most people are employed in primary sector jobs (ex. Farming)

Poorest, lack adequate levels of heathcare and generally have access to least amount of education

• More Developed Countries (MDCs)

• Newly Industrialized Countries (NICs)

• Less Developed Countries (LDCs)

Average HDI scores (0.7-0.79)

Most people are employed in secondary sector jobs (ex. Manufacturing)

• More Developed Countries (MDCs)

• Newly Industrialized Countries (NICs)

• Less Developed Countries (LDCs)

Highest HDI scores (0.8 - 1.0)

Most people are employed in services

Wealthiest, healthiest and generally most educated

• More Developed Countries (MDCs)

• Newly Industrialized Countries (NICs)

• Less Developed Countries (LDCs)

The Human Development Index (HDI) ranks countries based upon which three indicators of development?

• Life expectancy (health), access to education, and standard of living (wealth)

• Life expectancy, number f doctors and literacy rates

• Literacy rates, infection rates, average household incomes

• Poverty rates (wealth), access to education, and life expectancy (health)