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IGCSE Economics Section 7
Terms in this set (21)
the point at which a household's income falls below the necessary level to purchase food to physically sustain its members
a measurement of poverty based on a percentage of the median income in a given location
financial assistance provided to developing countries from other countries, usually developed countries
Human Development Index (HDI)
Measurement developed by the United Nations to rank development levels of countries, including income, health & education
Less Economically Developed Country (LEDC)
A country with the low levels of economic and human development indicators.
More Economically Developed Country (MEDC)
A country with the very high levels of economic and human development indicators. Examples: USA and most of Western Europe
Inability to meet basic needs for food, clothing, and shelter.
standards of living
social & economic well being of individuals in a country
the number of live births per thousand of population per year.
the number of deaths each year per 1,000 people
statistical data relating to the population and particular groups within it.
The number of people under age 15 and over age 64 compared to the number of people active in the labor force
the average number of children per woman
A figure indicating how long, on average, a person may be expected to live
net migration rate
the difference between immigration and emigration in a given year per 1,000 people in a country
output of goods and services per capita is maximised
the total number of people in a given area
An increase in population over a period of time.
A bar graph representing the distribution of population by age and sex.
replacement fertility rate
the rate at which children must be born to replace those dying in the population
the working population
all those in the population of working age who are willing and able to work