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Chapter 9-Development

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Chapter 9-Development A country s level of development is categorized according to 3 factors: Economic Social Demographic Human Development Index (HDI)-created by ... – PowerPoint PPT presentation

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Title: Chapter 9-Development


1
Chapter 9-Development
  • A countrys level of development is categorized
    according to 3 factors
  • Economic
  • Social
  • Demographic
  • Human Development Index (HDI)-created by United
    Nations recognizes a countrys level of
    development

2
HDI (continued)
  • To create HDI the UN selects 1 economic factor, 2
    social factors, 1 demographic factor that an
    international team determines a countrys level
    of development.
  • Economic-gross domestic product
  • Social-literacy rate amount of education
  • Demographic-life expectancy

3
HDI-continued
  • Country with highest HDI-Norway
  • US is usually in top 10
  • Canada Japan were higher than Norway in 90s
  • Other European countries typically in top 10
  • Lowest ranked country Sierra Leone
  • 2 dozen lowest ranking countries from sub-Saharan
    Africa

4
Gross Domestic Product
  • GDP-value of the total output of goods services
    produced in a country, normally during a year
  • GDP higher in MDC than LDC
  • Per capita GDP measures average wealth

5
Types of Jobs
  • Average per capita is higher in MDCs because
    people earn their living by different means than
    in LDCs
  • Jobs fall into 3 categories primary, secondary,
    tertiary
  • Primary sector-workers in this sector directly
    extract materials from Earth through agriculture,
    mining, fishing, forestry

6
Types of Jobs (continued)
  • Secondary sector includes manufacturers that
    process, transform, assemble raw materials into
    useful products. Other secondary sector
    industries take manufactured goods and make them
    into finished consumer goods
  • Tertiary sector-involves taking goods services
    to people in exchange for payment. Includes
    retailing, banking, law, education, and government

7
Quarternary and Quinary Sector
  • Quarternary-jobs in business services such as
    trade, insurance, banking, advertising,
    wholesaling
  • Quinary-health, education, research, government,
    retailing, tourism, recreation
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