Using Information in Figure 4 and your own knowledge explain why it is difficult to measure development

Topics: Human Development Index, Purchasing power parity, Developed country Pages: 1 (448 words) Published: February 12, 2015
Using Information in Figure 4, and Your Knowledge, Explain Why It Is Difficult to Measure Development. (10) Development is a change and implies that change is for the better, and improvement. Was traditionally a one dimensional concept simply focussing on the economic growth of a country, however today it is multidimensional, incorporating: economic, social, environmental, cultural and political progress in a country. The Human Development Index (HDI) is one method of measuring development. This is a good indicator of development as it includes lots of factors, such as life expectancy and literacy rates, and recognises the multidimensional nature of development. However, there are no environmental factors taken into account, making it difficult to measure over all development. Another development indicator is Income per capita. This makes measuring development difficult as it gives an average for the whole country, when in reality there will be many varied values throughout the country. Also it only includes money in the country, if money made outside of the country was also included the income per capita for each country would change, some would increase by more than others, and give a better overall view of development. Purchasing Power Parity (PPP) is also not taken into account with income per capita; this means that the cost of living in each country is not accounted for so development may appear better in some countries than it actually is. Income per capita can be used to measure the economic and social development, but not any of the other factors of development, such as environmental development. Development can be further measured by income inequality. This can be a useful measurement as it shows the differences between the rich and poor. The greater the inequality, gap between the rich and poor, the worse developed the country is. However, income inequality doesn’t give the actual amount of money in the country, so economic development is not...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Measures of Development Essay
  • Using the Sources and Your Own Knowledge, Explain Why Mussolini Was Able to Come to Power in 1922 Essay
  • Explain how to monitor children and young people’s development using different methods Essay
  • child development 4-5 Essay
  • Noneconomic Measures of Development Essay
  • Explain Why It is Difficult to Measure Unemployment Accurately Essay
  • Using your own knowledge as well as the extract, explain why, in practice, parliamentary sovereignty is not undermined by the Human Rights...
  • Do you agree with the view that the British Public’s enthusiasm for the Empire increased during the Second Boer War (1899-1902)? Explain...

Become a StudyMode Member

Sign Up - It's Free