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Disparities in Wealth and Development
Terms in this set (4)
When people don't have enough money to afford their daily needs. The UN usually classifies anyone earning less than $1 or $2 to be absolutely poor.
An improvement in the quality of life. Although wealth comes into this, many other things are also important like health, education and security.
An arrangement of material or figures in a numerical order. We can use indices to compare countries. Indices can be useful because organisations and governments can use them to decided where investment and improvements are most needed. For example if a country has very higher birth rates, then the government may need to invest in family planning.
The total value of goods and services produced within a country together with the balance of income and payments from or to
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