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Levels of Development

Levels of Development. Chapter 9. The following are measures used to gauge levels of economic development in a State. National Product per Person – determined by taking the sum of all incomes accumulated in a year by all of a country’s citizens & dividing it by the total population

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Levels of Development

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  1. Levels of Development Chapter 9

  2. The following are measures used to gauge levels of economic development in a State. • National Product per Person – determined by taking the sum of all incomes accumulated in a year by all of a country’s citizens • & dividing it by the total population • Figures are converted into a single currency index for purposes of comparison. • In core countries, the index can exceed $25,000; • In the periphery, it is as low as $100

  3. Occupational Structure of the Labor Force • The % of workers employed in various sectors of the economy • A high % of laborers engaged in production of food staples • signals a low overall level of development

  4. Productivity per Worker • The sum of production over the course of a year • Divided by the total number of persons in the labor force. • Britain has high employment levels but the amount of output produced per worker ­ productivity ­ has historically been lower than in other major economies

  5. Consumption of Energy per person • The greater use of electricity & other forms of power • The higher level of development

  6. Transportation & Communication facilities per person • This measures reduces railway, road, airline connections, telephone, radio & TV to a per capita index • The higher the index, the higher level of development

  7. Japan – case study • There were about 27,314 km of railway lines under operation in 2004. Passengers riding per year were about 385 billion people km. • The volume of freight transportation was about 22 billion ton*km.   • Compared with railways in other countries, one of the special features of railways in Japan is the highly dense volume of passenger transportation.

  8. Consumption of Manufactured Metals per person • A strong indicator of development levels in the quantity of iron and steel, copper, aluminum • And other metals utilized by a population during a given year

  9. RATES • Higher literacy rates • Caloric intake per person • % of income spent on food • Amount of savings per capita

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