Definitions
What does HDI stand for and what does it tell us?
Human Development Index-This tells us how economically developed a certain area is.
If the life expectancy in a country is high then the HDI will be? Why?
Higher because this means this country has a good healthcare system.
What type of countries does the world bank help?
Developing countries in need of assistance for their economic development.
What are the 2 types of farming?
Commercial and Subsistence
Where are costal industries located?
Define Nonrenewable Resource. Give 1 example.
A nonrenewable resource is something that is limited and can not be reused. An example is coal, or any other type of fossil fuel.
If the Infant Mortality Rate is low then the HDI will be? Why?
Higher because less babies are dying meaning the healthcare system is pretty good.
What is the purpose of the World Trade Organization?
To make sure trade is established between countries in order to support the global economy.
What job sector uses and sells finished products?
Tertiary
What is the highest HDI a country can obtain?
1.0
Define GDP.
Gross Domestic Product-The value of the products that a country produces.
If the GNI is high the HDI will be? Why?
Higher because that country has an economy that is wealthy. They have a lot of income.
What is the purpose of the World Bank?
The world bank will provide data and feedback to developing countries about financial decisions to assist in their economic development.
What type of country has primary jobs as their main job sector? Are these countries less or more developed?
Periphery countries. They are usually less developed.
Name 1 advantage and 1 disadvantage of the Industrial Revolution.
Advantages: Transportation, Technology, Job Opportunities
Disadvantages: Service Based Jobs, Higher Demand, Heavy Pollution
Define Literacy Rate.
Literacy Rate is the amount of a population that is able to read and/or write.
If Pupil/Teacher Ratio is high then the HDI will be? Why?
What are the top 2 goals of the World Bank?
End extreme poverty, Increase overall prosperity.
What type of job sector is most popular in core countries?
Tertiary Jobs
What are the 3 indicators of economic development?
Demographic indicators, social indicators, economic indicators.
Define Sustainable Development.
Sustainable Development is the amount of development that can happen in an area without depleting that area's resources for the future.
If the GII is high then the HDI will be? Why?
Lower because this indicates that there is a lot of inequality between men and women and can lead to a less developed nation.
What is foreign debt? If a country has a lot of foreign debt what does that mean for it's HDI?
Foreign debt is the money owed by one country to another country. If a country has a lot of foreign debt then that means that country will have a lower HDI.
If a country takes raw materials and makes them into finished products, this means they are what type of country and they have what job sector as their main jobs?
This is a semi-periphery country with a secondary job sector as their largest sector.
What are the U.N.'s top 5 goals of sustainable development?
End poverty, end hunger, quality education, affordable and clean energy, and climate action.