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The Changing Economic World

Classifying development, and how it is measured

  • 3 things to know
  • Paper 2

Overview

What development means, economic development against quality of life, low income, newly emerging and high income countries, the development gap, and measures from gross national income per head, birth, death and infant mortality rates to literacy and the Human Development Index.

What you need to know

Answer each one before you reveal it.

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Key term

What does the word development mean when one country is compared with another?

Key term

What is the difference between economic development and quality of life?

Key term

What is a newly emerging economy?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    What does the word development mean when one country is compared with another?

    Model answer

    The progress a country has made in growing its economy, using technology and raising the wellbeing of its people.

  2. 2

    What is the difference between economic development and quality of life?

    Model answer

    Economic development is about how much wealth a country produces, while quality of life is about how comfortable, healthy and secure the people living there actually are.

  3. 3

    What is a low income country?

    Model answer

    A country with a very low average income per person, where most people work in farming and many lack healthcare, schooling and clean water.

  4. 4

    What is a newly emerging economy?

    Model answer

    A country whose income is rising quickly because manufacturing and industry are growing fast, moving it out of the poorest group.

  5. 5

    What is a high income country?

    Model answer

    A wealthy country with a large average income per person, where most people work in services and living standards are high.

  6. 6

    What is meant by the development gap?

    Model answer

    The difference in wealth and wellbeing between the richest and the poorest countries of the world.

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