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TYPES OF STATES. INDUSTRIALIZED DEMOCRACIES (1 st World) COMMUNIST AND POST COMMUNIST (2 nd World) LESS DEVELOPED COUNTRIES (LDCs) (3 rd World) Newly Industrialized Countries (NICs). INDUSTRIALIZED DEMOCRACIES: CHARACTERISTICS. POLITICAL Stable liberal democracy ECONOMIC - PowerPoint PPT Presentation
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TYPES OF STATES
INDUSTRIALIZED DEMOCRACIES (1st World)
COMMUNIST AND POST COMMUNIST (2nd World)
LESS DEVELOPED COUNTRIES (LDCs) (3rd World)Newly Industrialized Countries (NICs)
INDUSTRIALIZED DEMOCRACIES: CHARACTERISTICS
POLITICAL Stable liberal democracy
ECONOMIC High level of economic development
COMMUNIST AND POST-COMMUNIST: CHARACTERISTICS
POLITICAL: Communist: one-party,
authoritarian regime. Post-communist:
authoritarian, democratic, or somewhere in between.
ECONOMIC: Communist: eliminate
economic inequality. Post-communist:
transforming to incorporate capitalism.
LESS DEVELOPED COUNTRIES:CHARACTERISTICS
POLITICAL: Tend to have authoritarian regimes. Struggle with political development/stability.
ECONOMIC: Limited economic growth
INDICATORS OF ECONOMIC DEVELOPMENT? (HOW DO WE MEASURE IT?)
INDICATORS OF ECONOMIC DEVELOPMENT
Post-IndustrialAgricultural Industrial
Service
INDICATORS OF ECONOMIC DEVELOPMENT
Post-Materialism/Post-Modernism
Stages
Pre-ModernBasic Survival
Modernism (Materialism)Values of Industrialism
Materialism Rationalism and Reasoning
POST-MATERIALISM/POST-MODERNISM
Set of values that emphasize “Quality of Life” instead of material gain.Health CareEnvironmentEducation
GROSS DOMESTIC PRODUCT PER CAPITA
The total value of goods and services produced by an economy, divided by population of the country.
GNP: Includes income earned by citizens outside of the country.
INDICATORS OF ECONOMIC DEVELOPMENT
Human Development Index Measures overall well-being of
society: Health, education, & income.
1= Very Good0= Very Bad
HUMAN DEVELOPMENT INDEX
1. NORWAY 4. UNITED STATES
169. ZIMBABWE
Life Expectancy
81 Years 79.6 Years
47 Years
Years of Schooling
12.6 Years
12.4 Years
7.2 Years
GDP per Capita
$58,278 $46,653 $187
HDI 0.938 0.902 0.140
http://hdr.undp.org/en/statistics/ 2. Australia 3. New Zealand
HUMAN DEVELOPMENT INDEX
Health Education Income HDI0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1
NorwayZimbabwe