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Chapter 9 section 1. Human Development Index. Terms/Concepts. Development More Developed Country (MDC) Less Developed Country (LDC) Human Development Index (HDI) The Inequality-adjusted HDI (HDI) Gross National Income (GNI) Gender Inequality Index (GII). Human Development Index.
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Chapter 9 section 1 Human Development Index
Terms/Concepts • Development • More Developed Country (MDC) • Less Developed Country (LDC) • Human Development Index (HDI) • The Inequality-adjusted HDI (HDI) • Gross National Income (GNI) • Gender Inequality Index (GII)
Human Development Index • Countries are classified as Developed or Developing • The Human Development Index (HDI) is used to measure a country’s level of development- the process of improving the material conditions of people through diffusion of knowledge and technology
Developed Country- a country that has progressed far along a continuum of development • Developing country- a country that is in a relatively early stage of economic development • Human Development Index (HDI)- Indicator of level of development for each country, constructed by the United Nations. Includes: • Income • Literacy • Education • Life Expectancy
Inequality-Adjusted HDI • Inequality-adjusted HDI (IHDI)- modifies the HDI to account for inequality • When there is perfect equality the HDI should equal the IHDI • The greater the differences between the wealthy and the poor the greater the IHDI
Characteristics of Developed Countries • More years of schooling • Lower pupil/teacher ratios and higher literacy • People live longer and are healthier • Spend more on healthcare • Higher Gross Nation Income (GNI)- the value of the output of goods and services produced in a country in a year, including money that leaves and enters the country
The Role of Gender • The status of women is lower than men in every country • Gender Inequality Index (GII)- the measure of inequality between men and women • Lowering the inequality index typically means more economic development
Terms/Concepts • Development • More Developed Country (MDC) • Less Developed Country (LDC) • Human Development Index (HDI) • The Inequality-adjusted HDI (HDI) • Gross National Income (GNI) • Gender Inequality Index (GII)