Gini coefficient - Study guides, Class notes & Summaries

development - Answer-a sustained increase in the standard of living within a society Maslow's Hierarchy of Needs - Answer-physiological, safety, love/belonging, esteem, self-actualization socio-political - Answer-combining social and political factors GDP - Answer-Gross Domestic Product- the total market value of all final goods and services produced annually in an economy Gini Coefficient - Answer-A measure of income inequality within a population, ranging from zero for complete equality...

What is the Human development index (HDI)? - ANSWER-- This measure the education, healthcare, income, life expectancy and other factors - Scales from 0 (least developed country) to 1 (most developed country What is gross domestic product per capita (GDP)? - ANSWER-- This is the total value of goods and services produced by a country annually - GDP per capita equals GDP divided by the population of a country What is corruption perception Index (CPI)? - ANSWER-- This is approximate measurem...

GDP - Answer total value of all goods and services produced in a country in a year Gini Coefficient - Answer a statistical method of modeling/graphing the extent of wealth inequality GDP per capita - Answer Gross domestic product divided by the number of people in the population. infrastructure - Answer the basic systems and structures a state needs to work properly Privitization - Answer the sale of a business that was owned and managed by government to a private company/i...

IB Global Politics Development Final Study Guide Q&A development - CORRECT ANSWER-sustained increase in the standard of living of a society human development - CORRECT ANSWER-the process of enlarging people's freedoms and opportunities and improving their well-being economic development - CORRECT ANSWER-the increase in productivity and revenue sociopolitical development - CORRECT ANSWER-social developments GDP - CORRECT ANSWER-shows average income but does not show how this is disp...

Sundew, an American soda company, opened a number of manufacturing unites in a new developing country. It employed people from host country to work in the new units. This move radically lowered the poverty rate in the developing country. In this scenario, Sundew is _______ - ANSWER-making a foreign investment What are some human rights issues Nike faced? - ANSWER-accusation of child labour, forced labour, squalid working conditions, severe work hours, and unfair despite the existence of in...

WGU D080 Terms exchange rate system - Answer A system where a currency's value is tied to the value of another single currency, to a basket of other currencies, or to another measure of value, such as gold WGU D080 Terms Verified 100% Correct… fixed-rate currency exchange system - Answer When a country's currency value is fixed or pegged by a monetary authority against the value of another currency, a basket of currencies, or another measure of value flat structures - Answer Organiz...

IR Quiz 4 final 102 Questions with Verified Answers According to political economist Albert Hirschman, the best way to increase the influence and security of a state is to ______. - CORRECT ANSWER Make other countries economically dependent Aid that is given so that the recipient can purchase military equipment serves two main purposes: supplying the recipient with weapons and ______. - CORRECT ANSWER increasing business for arms producers in the donor country At what point in history w...

AREC 365 - Exam 2 Chapter Quizzes with Complete Solutions The upward slope of the supply curve means that as the price of a good increases, the producer is more willing to produce: More of a good A technological improvement is some kind of new knowledge that allows farmers to: Produce more output with the same resources Items considered luxuries tend to have income elasticities: Above 1 True/False. The supply curve shows how much of a good a person will want to consume at all p...

Exam 2 Ch 6-11 book questions & Answers. Graded A+ OECD (Organization for Economic Cooperation and Development) A forum of 35 of the most economically developed economies. Governments work together to share experiences and seek solutions to common problems. Which of these countries has the highest GDP per capita France Germany Sweden UK US-correct Which of these countries has the lowest Gini coefficient? France Germany Sweden-correct UK US Who were the inner six? France, Germ...

WGU D080 Q&A Graded A+ Latest Update 2023/2024 Globalization Worldwide interconnections in virtually every sphere of activity including the spread of products, technology, information, and job opportunities. Globalization can result in blurred boundaries between nations, organizations, and investors trade The action of buying and selling goods and services capital Financial assets such as funds but also equipment, facilities, and other means of production outsource To obtain...