Levels of Development

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# Levels of Development - PowerPoint PPT Presentation

Levels of Development. Chapter 9. The following are measures used to gauge levels of economic development in a State. National Product per Person – determined by taking the sum of all incomes accumulated in a year by all of a country’s citizens &amp; dividing it by the total population

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### Levels of Development

Chapter 9

The following are measures used to gauge levels of economic development in a State.
• National Product per Person – determined by taking the sum of all incomes accumulated in a year by all of a country’s citizens
• & dividing it by the total population
• Figures are converted into a single currency index for purposes of comparison.
• In core countries, the index can exceed \$25,000;
• In the periphery, it is as low as \$100
Occupational Structure of the Labor Force
• The % of workers employed in various sectors of the economy
• A high % of laborers engaged in production of food staples
• signals a low overall level of development
Productivity per Worker
• The sum of production over the course of a year
• Divided by the total number of persons in the labor force.
• Britain has high employment levels but the amount of output produced per worker ­ productivity ­ has historically been lower than in other major economies
Consumption of Energy per person
• The greater use of electricity & other forms of power
• The higher level of development
Transportation & Communication facilities per person
• This measures reduces railway, road, airline connections, telephone, radio & TV to a per capita index
• The higher the index, the higher level of development
Japan – case study
• There were about 27,314 km of railway lines under operation in 2004. Passengers riding per year were about 385 billion people km.
• The volume of freight transportation was about 22 billion ton*km.
• Compared with railways in other countries, one of the special features of railways in Japan is the highly dense volume of passenger transportation.
Consumption of Manufactured Metals per person
• A strong indicator of development levels in the quantity of iron and steel, copper, aluminum
• And other metals utilized by a population during a given year
RATES
• Higher literacy rates
• Caloric intake per person
• % of income spent on food
• Amount of savings per capita