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Measuring Development

Definitions

Use the link below to write definitions for each of the measures of development listed in the table.

http://hdrstats.undp.org/en/indicators/default.html

|Monetary Measures |
|GDP per capita|An approximation of the value of goods produced per person on |
| |the country. Gdp/total number of people in a country. |
|GNI per capita |Gross national income, it’s a sum of value added by all |
||residents and producers plus any product taxes (less subsides) |
| |not included in the variation of output + net receipts of |
| |primary income from abroad. |
|GNP per capita|Gross national product the total market value of all the goods |
| |and services produced by a nation during a period. |
|Non-monetary Measures |
|Income Gini Coefficient |Itsmeasure of the inequality of a distribution a value of 0 |
| |expressing total equality and the value of 1 maximal inequality.|
| |It has found application in the study of inequalities and |
||disciplines as diverse as sociology economics, health science, |
| |ecology, chemistry engineering and agriculture. |
|Education Index |Measure by adult literacy rate (with 2/3 weighting) and the |
||combine primary, secondary, and tertiary gross enrolment ratio |
| |(with 1/3 weighting.) |
|Health Index | |
|Under Five Mortality Rate |It’s aprobability of a child born in a specific year or period |
| |dying before reaching the age of 5, per 1000 children. |
|Adult Literacy Rate |The percentage of people age 15 and above who can read and |
| |write.|
|Adolescent Fertility Rate |Number of births per 1000 woman ages 15 to 19. |
|Life Expectancy at Birth |The average number of newborn could expect to live if he or she |
| |were topass through life subject to the age specific rates of a|
| |giver period. |
|Composite Index |
|Human Development Index (HDI) |Is the...