Unit 6: Economic development and its environmental risks - indicators of development

Indicators of development

GNP per capita (definition):

• the ​total ​value of all the ​goods and ​services ​produced by a country in a ​year ​including ​income from ​foreign ​investments, ​divided by the ​number of ​people ​living there

Source: http://dictionary.cambridge.org/us/dictionary/english/gnp-per-capita

Source: http://definingthehumanelement.tumblr.com/post/102858832779/map-of-gross-national-product-per-capita-versus

Literacy rate (definition):

• the ​percentage of ​people who are ​able to ​read and write

Source: http://dictionary.cambridge.org/us/dictionary/english/literacy-rate

Source: https://watkinparrot.wordpress.com/

Life expectancy (definition):

• an expected number of years of life based on statistical probability

Source: http://www.merriam-webster.com/dictionary/life%20expectancy

Source: http://ourworldindata.org/VisualHistoryOf/Health.html#/life-expectancy-world-map-2011

Composite index

A composite index is a grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time.

Source: http://www.investopedia.com/terms/c/compositeindex.asp

Human Development Index (HDI)

The Human Development Index (HDI) is a tool developed by the United Nations to measure and rank countries' levels of social and economic development based on four criteria: Life expectancy at birth, mean years of schooling, expected years of schooling and gross national income per capita. The HDI makes it possible to track changes in development levels over time and to compare development levels in different countries.

Source: http://www.investopedia.com/terms/h/human-development-index-hdi.asp

Source: http://www.developmentbites.com/the-human-development-index/