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Chapter 9 Development

Development. Intro What are some popular vacation spots? Would you consider those places to be MDCs or LDCs? How do you think local residents feel about

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Chapter 9

Chapter 9 DevelopmentIntroWhat are some popular vacation spots?

Would you consider those places to be MDCs or LDCs?

How do you think local residents feel about the tourism?

What is this map showing us?

Human Development Index (HDI)A countrys level of development can be distinguished according to three factors economic, social, and demographicHDI created by the UN, recognizes that a countrys level of development is a function of all three of these factorsHDI- uses one economic factor, two social factors and one demographic factor to best reveal a countrys level of developmentWhat region of world has highest? Lowest?Flash CardEconomic Indicators of DevelopmentWhat words come to mind when you think ECONOMY or ECONOMIC?What types of economic indicators determine whether a country is an LDC or an MDCs?With a partner brainstorm 3-4 characteristics for eachRead Key Issue 1: p.293-296 Economic Indicators of Development

GDP: value of total output of goods & services produced IN a country, usually in 1 yearWhich 15 countries do you think had HIGHEST?

GDP 2011MDCLDC$15/hour$2/hourGovt mandated min. wagePer Capita GDP $27,000$4,000Luxembourg: $60,000Some LDCs