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Wa0013.
Wa0013.
Wa0013.
• GDP is the total value of goods and services produced within a country over a
specific period (usually a year).
• GDP per capita is the GDP divided by the country's population, which gives us an
average income per person.
• High GDP per capita indicates a higher level of development, but it may not
reflect income distribution or social well-being.
C. Gini Coefficient
D. Poverty Rate
• The poverty rate is the percentage of a country's population living below the
poverty line.
• The poverty line is the minimum income needed to meet basic needs, such as
food, clothing, and shelter.
• High poverty rates indicate low development, as a large portion of the population
is struggling to meet their basic needs.
• The literacy rate (the percentage of the population able to read and write) and
school enrollment rates are indicators of access to education.
• The infant mortality rate (the number of deaths of infants under one year old per
1,000 live births) and life expectancy are indicators of access to healthcare.
• Higher access to education and healthcare indicates higher development, as
these factors contribute to a better quality of life.