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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

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Levels of Development

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Levels of development l.jpg

Levels of Development

Chapter 9


The following are measures used to gauge levels of economic development in a state l.jpg

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


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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


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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


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Consumption of Energy per person

  • The greater use of electricity & other forms of power

  • The higher level of development


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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


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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.


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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


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RATES

  • Higher literacy rates

  • Caloric intake per person

  • % of income spent on food

  • Amount of savings per capita


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