Ap Human Geography HDI
HDI - answer (Human development index) a measure of a country's standard of living, including health and education
GNI - answer (Gross National Income) The value of the output of goods and services
produced in a country in a year, including money that leaves and enters the country
GDP - answer (Gross Domestic Product) The value of the total output of goods and services produced in a country, normally during a year
GDP Trends - answer MDC is greater than $30,000
LDC is less than $3,000
Primary Sector - answer Workers directly extract materials from earth through agriculture and sometimes by mining, fishing, and forestry.
Primary Trend - answer Share of GDP has decreased in LDCs but it is still much higher than in MDCs
Secondary Sector - answer Manufactures that process, transform, and assemble raw
materials into useful products
Secondary trends - answer Has decreased sharply and MDCs and is now less than in LDCs
Tertiary Sector - answer The provision of goods and services to people in exchange for payment. Activities include retailing, banking, law, education, and government.
Tertiary trends - answer Relatively large in MDCs and continues to grow
Productivity - answer The value of a particular product compared to the amount of labor needed to make it.
Value Added - answer The gross value of the product minus the costs of raw materials and energy.
Why are workers more productive in MDCs? - answer They have easier access to technology and machines that make their job easier.
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