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AP HUG
chap 10+11
| Question | Answer |
|---|---|
| development | improvement in material conditions |
| More Developed Regions vs Less Developed Regions | MDR: Over .7 HDI LDR: Below .55 HDI |
| What is HDI based on | standard of living education health |
| what is happening to the gap in GDP per capita between MDCs and LDCs | gap is widening |
| GDP | total value of outputs of goods and services produced in a country in a year |
| GNI | value of total outputs of goods and services produced in a country by residents |
| what does purchasing power parity do | is added to the GNI to account for difference in cost of goods among countries |
| what can be learned from looking at GDP | spatial distribution of global wealth approximate level of material well being number of countries below poverty level potential for providing all citizens with comfortable life |
| T/F primary sector accounts for larger share of GDP in MDCs | false, it is mainly in LDCs |