Indicators of Economic Development

What is Economic development?

• The process of ignoring economic welfare in a country

• The process of maintaining economic welfare in a country

• The process of decreasing economic welfare in a country

• The process of improving economic welfare in a country

What does Real GDP per capita measure?

• The average economic output per person in a country

• The total population of a country

• The total exports of a country

• The total land area of a country

What does the Human Development Index (HDI) measure?

• Levels of absolute poverty

• Malnutrition levels

• Access to safe water

• Quality of education, life expectancy, and income levels

What does the Index of Human Poverty HPI measure?

• Access to safe water

• Education, life expectancy, rates of absolute poverty, access to health care and safe drinking water

• Levels of absolute poverty

• Malnutrition levels

What factors does the Human Development Index (HDI) take into account?

• Only GDP

• Health, education, and standard of living in addition to GDP

• Only education

• Only health

What is one of the indicators of economic development related to education?

• Access to safe water

• Average life expectancy

• Number of doctors per 1,000 of population

• Mean years of education

What does the Openness of economy to international trade indicate?

• The levels of absolute poverty

• The share of agriculture in the economy

• The quality of nation's infrastructure

• The level of foreign direct investment

What does the Share of agriculture in economy indicate?

• Over 90% indicates an undeveloped economy

• The number of doctors per 1,000 of population

• The quality of nation's infrastructure

• The average life expectancy

What does the Wildlife Diversity measure?

• The mean years of education

• The number of doctors per 1,000 of population

• The literacy rate

• The diversity of wildlife species in an area

What does the Income Index in HDI measure?

• GNI at PPP

• Life Expectancy Index

• Education Index

• Mean years of schooling