Measures of development
- Created by: Lottie
- Created on: 24-03-12 15:39
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Measures of development: The human development index
- Economic development - measures quality of growth
- Human development index- uses GDP and non- GDP ecnomic and social indicators
- Purchasing power parity-rate of conversion which allows people to buy a particular amount of goods/services for a particular amount of money
- considers years in education, life expenctancy etc.
Asessing HDI
- fairly reliable
- uses easy to obtain information
- it gives no indication…
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