DEMOGRAPHICS OF ECONOMIC DEVELOPMENT http://www.youtube.com/watch?v=YLJrEuw899Q&feature=related
Demographics Greek Demos “people” Graphics “pictures” the characteristics of a human population or part of it, especially its size, growth, density, distribution, and statistics regarding birth, marriage, disease, and death
Demographic Transition Model is a model that describes population change over time. The observed changes, or transitions, in birth and death rates in industrialized societies over the past two hundred years or so. The change in a country’s Birth and Death rate as it moves from a less developed country to a more developed country. Lacey Powers believes that one day the US population will have a negative growth rate.
Human Development Index (HDI) LadyLiberty, Shelby Jones has watched her country grow from a nation of farmers to an industrial power house. HDI is = to how long we will live + years of school + $$$ introduced a new way of measuring development by combining indicators of life expectancy, educational attainment and income into a composite human development index
Human Development Index (HDI) http://hdr.undp.org/en/data/build/
Purchasing Power Parity (PPI) a Big Mac burger in McDonald's restaurants in different countries. If a Big Mac costs USD$4 in the US and GBP£3 in Britain, the PPP exchange rate would be £3 for $4. A theory which states that the exchange rate between one currencyand another is in equilibrium when their domestic purchasing powers at that rate of exchange are equivalent When Kahlan Hearn went to buy a Big Mac in India, she noticed that it cost only 5o cents.
Standard of Living How much we spend on stuff and getting our nails done! a measure of the consumption of goods and services by an individual or group Christian Granillo often wonders what it would be like to live in the White House.
Literacy rate is the ability to read and write. The term may also refer to familiarity with literature and to a basic level of education obtained through the written word. Being able to read and write in your own language. Darren Miller enjoys reading a good book more than going to the movies.
Developing country a term used to describe a nation with a low level of material well-being. The levels of development may vary widely. Some developing countries have high average standards of living. A country that has little stuff (xbox), low income, and low education. Gabriel Gomez used to call India a Third World country.
Review Demographic Transition Model Human Development Index (HDI) Purchasing Power Parity (PPI) Standard of Living Literacy Rate Developing Country