Chap_9_Development

Which of the following is true today of the developed world?

Developed countries are hard-pressed to maintain their current levels of public assistance.

This is the value of the output of goods and services produced in a country in a year, including money that leaves and enters the country.

Gross National Income

Looking at the figure, which of the following countries has the highest HDI?China Saudi Arabia Madagascar South Africa India

Saudi Arabia

Looking at the figure, which of the following countries has the highest HDI?Russia Brazil China Spain India

Spain

According to the UN, a country where only a few people have high incomes, college degrees, and good health care would have a lower IHDI than a country where differences in income, level of education, and access to health care are minimal.

True

Among developing regions, the literacy rate exceeds 90 percent in East Asia and Latin America, but is less than 70 percent in Sub-Saharan Africa and South Asia.

True

Expected years of schooling is generally defined as the number of years that an average 5 year old child is expected to spend with his or her education in the future.

True

The UN's HDI considers development to be a function of three factors: a decent standard of living, access to knowledge, and a long and healthy life.

True

The United Nations considers years of schooling to be the most critical measure of the ability of an individual to gain access to knowledge needed for development.

True

The UN's Human Development Index (HDI) takes into account three factors. These are

a decent standard of living, access to knowledge, and a long and healthy life.