An economic, social, cultural and political process, which aims at the constant improvement of the well-being of the entire population.
Development.
The ability of people to access the things they need in order to live happy, healthy and contented lives.
Wellbeing.
The total value of goods and services produced within a country in a particular year, divided by the country’s population.
GDP per capita.
Poorer and less industrially-developed countries. These countries are more vulnerable to economic and environmental shocks. Lower standard of living etc.
Identify the five categories of human wellbeing.
1. Social.
2. Technological.
3. Economic.
4. Environmental.
5. Political.
Development that meets the needs of present generations, without compromising the ability of future generations to meet their own needs.
Sustainable development.
The three most important variables that influence levels of wellbeing.
Wealth, health and education.
An index that measures three key dimensions of human development.
The Human Development Index (HDI).
Give two characteristics of a MDC.
Wealthy and industrially-developed countries. Higher standard of living. Higher life expectancy etc.
$60,000.
(Or just under $60,000)
Lacking the resources to provide the necessities of life—E.g., lack of access to food, clean water, shelter, health care, and education.
Poverty.
List two major reasons why it can be difficult for children in some countries to attend school.
1. Poverty.
2. Conflict.
3. Gender.
4. Lack of educational facilities.
What are the three key dimensions of HDI?
1. A long and healthy life.
2. Access to education.
3. Standard of living
Is Norway considered a LDC or MDC?
MDC.
- People feel supported by the Government.
- Government budget effectively.
- No corruption in Government. etc.
The universal standard for measuring global poverty. This is currently set at $1.90 per day.
The International Poverty Line.
What does literacy refer to?
The ability to read and write.
Are Qualitative measures of wellbeing objective or subjective?
Subjective.
On which continent can you find the most LDCs?
Africa.
In 2019, how many deaths in Australia were attributed to unsafe drinking water?
0-1%.
Less than 1%.
A situation that creates a cyclical pattern of poverty.
The poverty cycle/trap.
The wealthiest 1% of adults own what percentage of the world's assets?
40%.
Give an example of a Quantitative measure of wellbeing.
1. GDP.
2. HDI.
3. Life Expectancy Rate.
4. Literacy Rate.
5. Any sort of rate!
State three countries that are considered LDCs.
What was Australia's unemployment rate as of July 2022?
3.4%