Measuring Development

A sustained increase in the standard of living and well-being of a level of social organization.

• Gross Domestic Product (GDP)

• positive freedom

• development

• relative poverty

Total value of all the goods and services produced in an economy, a measure of national income is _____________.

• Absolute Poverty

• Gross Domestic Product (GDP)

• Purchasing

  Power Parity (PPP)

• Human Development Index (HDI)

The ‘international dollar,’ that takes account of the relative cost of living and the inflation rates of different countries, is sometimes used to identify the

• Purchasing Power Parity (PPP)

• Genuine Progress Indicator (GPI)

• Inclusive Wealth Index (IWI)

• Gross Domestic Product (GDP)

Which is NOT applied to the Happy Planet Index (HPI)?

• Life Expectancy

• Per Capita Income

• Inequality of outcomes

• Ecological Footprint

Physical, mental, and social health, and the opportunities they have to create meaningful futures are people's ____________.

• wealth.

• well-beings.

• sustainable development

• freedoms.

Depending on if you are applying US$ or International$ to measure GDP, the two largest economies in the world are

• China and Japan

• China and the United States

• Japan and Germany

• United States and Russia

Policies, projects and investments that provide benefits today without sacrificing environmental, social and personal health in the future.

• well-beings

• sustainable development

• relative poverty

• Orthodox View towards development

Explain why HDI is a good development indicator.

• It only considers social factors

• It is a composite measure that looks at health, wealth, and education

• It does not consider health and education

• It only considers economic factors

How might a country benefit from becoming more developed?

• Increased inequality

• Improved quality of life for its citizens

• Decreased access to education

• Higher unemployment rates

What are the causes of uneven development?

• Historical, political, geographical, and economic

• Historical, political, geographical, and social

• Political, geographical, economic, and environmental

• Historical, economic, social, and environmental