MEDC stands for
More economically developed country
LEDC stands for
Low economically developed country
Is Australia an MEDC or LEDC
MEDC
Data that is measurable
Objective
Data that is based on feelings
subjective
a method used to measure how developed a country or region is
Development indicators
does high GDP equal high wellbeing?
no - many other factors come in to play
a composite indicator is?
one that measures a number of different types of data eg. HDI
Gross domestic product (GDP)
GDP is s how much money a country makes from its products over the course of a year
Literacy rate
the level of education within a country
birth rate
the number of live births per thousand of population per year
life expectancy
the average period that a person may expect to live.
development means
how much progress a part of the world and its people have made
HDI is a composite measure. It looks at three things - health, wealth and education.
what would you expect to see in a country with a high level of access to clean water
low disease, higher life expectancy, infrastructure