This type of indicator is measured using numbers, statistics, and hard data.
Quantitative
Air quality, access to clean water, and climate fall under this category of wellbeing.
Environment
During the USA vs. Soviet rivalry, this term was used to describe wealthy, capitalist, and industrialized countries.
Traditionally, this three-letter acronym representing the total value of goods produced was the main way to measure a country's wellbeing.
GDP
This basic human need, covering about 71% of the Earth's surface, is heavily monitored when looking at environmental wellbeing.
Water
This type of indicator measures things that are harder to count, like happiness, freedom, or how much a pet enjoys its toys.
Qualitative
Freedom of speech, lack of corruption, and the right to vote fall under this category.
Political
During the Cold War, this term described the communist countries aligned with the Soviet Union.
Second World
The old, traditional concept of development focused almost entirely on this aspect of a country.
Wealth/money/economy
This continent currently has the highest concentration of countries with populations living in extreme poverty.
Africa
This famous fast-food index was created to compare the cost of living and currency values between different countries.
Big Mac Index
Income, employment rates, and a country's wealth belong to this category.
Economic
The uneven distribution of resources, wealth, and services across different geographic areas is known by this two-word term.
Spatial Inequality
According to the UN, poverty is not just a lack of money, but a violation of human...
Dignity
As of recent data, this country is known as the world's largest economy by GDP.
USA
A global map of extreme poverty often highlights countries where people live on less than this specific amount of US dollars per day.
USD1.90
Access to the internet, medical advancements, and infrastructure belong to this category.
Technological/Technologies
This imaginary line drawn on a map was historically used to divide the rich "North" from the poorer "South."
Brandt Line
The UN defines poverty as the denial of choices and these, which allow people to improve their lives.
Opportunities
Sneak Peek: We will look at this index next lesson. Its three-letter acronym is HDI.
Human Development Index
The Big Mac Index has become less reliable recently due to this global economic issue involving rapidly rising prices.
Inflation or Covid 19
Life expectancy, education levels, and community support fall under this category.
Social
We no longer use the terms "developed" and "developing." Instead, we use these two four-letter acronyms.
MEDC - More economically developped countries LEDC - Less economically developped countries
If you weigh your pet's food in grams, you are using a quantitative indicator. If you observe how happily they wag their tail, you are using this type of indicator.
Qualitative
Sneak Peek: Instead of measuring GDP, the country of Bhutan famously measures GNH, which stands for Gross National '...'
Gross National... Happiness!