Measuring development

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ib economics (Development Economics ) Flashcards on Measuring development , created by bella.calonje on 01/04/2014.
bella.calonje
Flashcards by bella.calonje, updated more than 1 year ago
bella.calonje
Created by bella.calonje over 10 years ago
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Question Answer
International development Goals Eradicate extreme poverty and hunger Achieve universal primary education promote gender equality and empower women reduce child mortality improve maternal health combat HIV/AIDS, malaria and other diseases
Define economic growth an increase in the real output of an economy over time
Define relative poverty a person who does not reach a specified level of income
Absolute poverty A person living below the poverty line -without the basic necessities to survive
What is a poverty trap A poverty trap is any linked combination of barriers to growth and development that self perpetuated starting from low incomes
Define HDI composite index that brings together three variables- long and healthy life, improved education and a decent standard of living
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