DEVELOPMENT
UNIT-2
STARTER
DEVELOP
MENT You will be successful
when
Lo3-To explain why You understand the
concept of development
there are economic A
inequalities around
Why is this important?
the world. What’s next?
To understand the
Lo2-To describe the change over time and
various indicators of B how the indicators
development help to achieve this .
How can I challenge
myself today?
Lo1-To understand the
Give examples of
concept of
C developed,under
development.
developledand
developing nations
Concept of Development
Development refers to the process of improving the economic,
social, and political conditions of a community or nation
It encompasses growth in ;
Infrastructure
Health
Education
Reduces
Governancepoverty
Sustainable growth
Lo1-To understand the concept of development
Developed Nations:
United States
Germany
Developing Nations:
India Brazil
Underdeveloped
Nations:
Afghanistan Haiti
Lo1-To understand the concept of development
HA I TI UNITED STATES OF
AMERICA
BRAZIL
BRA ZI L
Lo1-To understand the concept of development
DEVELOP
MENT You will be successful
when
Lo3-To explain why You understand the
concept of development
there are economic A
inequalities around
Why is this important?
the world. What’s next?
To understand the
Lo2-To describe the change over time and
various indicators of B how the indicators
development help to achieve this .
How can I challenge
myself today?
Lo1-To understand the
Give examples of
concept of
C developed,under
development.
developledand
developing nations
Indicators of Development
1. Gross Domestic Product 3. Human Development
(GDP) Index(HDI)
2. Life Expectancy 4. Healthcare
Indicators
5. Poverty Rate 7. Literacy Rate
6. Employment 8. Inequality
Lo2-To describe the various indicators of development
•Gross Domestic Product (GDP): Measures economic output.
•Human Development Index (HDI): Combines life expectancy, education, and income.
•Poverty Rate: Percentage of the population living below the poverty line.
•Literacy Rate: Proportion of the population that can read and write.
•Life Expectancy: Average lifespan of individuals in a population.
•Access to Clean Water: Availability of safe drinking water.
•Employment Rates: Proportion of the workforce that is employed.
•Healthcare Access: Availability of and access to medical services.
•Inequality Index: Measures income or wealth distribution among the population.
DEVELOP
MENT You will be successful
when
Lo3-To explain why You understand the
concept of development
there are economic A
inequalities around
Why is this important?
the world. What’s next?
To understand the
Lo2-To describe the change over time and
various indicators of B how the indicators
development help to achieve this .
How can I challenge
myself today?
Lo1-To understand the
Give examples of
concept of
C developed,under
development.
developledand
developing nations
What is economic Inequality?
Economic inequality refers to the disparity in wealth, income, and
resources among individuals or groups within a society.
•Income Inequality: Variations in earnings among individuals or households.
•Wealth Inequality: Discrepancies in the distribution of assets, property, and investments.
•Access to Resources: Differences in access to education, healthcare, and employment opportunities.
Lo3-To explain why there are economic inequalities around the world.
Reasons for Economic Inequality
Historical
Factors:
Colonialism Geographic
Social Factors: and historical Factors: Natural
Discrimination injustices resources,
based on gender,
ethnicity, or social climate, Regions
class can restrict rich in resources
access to may thrive, while
economic
others may
opportunities.
struggle.
Political Factors: Education and
Corruption, Skills: Access to
governance, and quality education
policy decisions and vocational
can perpetuate training varies
inequal ity. significantly
Technology: Rapid
Economic Systems:
technological
Different countries
advancements can
adopt varying
lead to job
economic models
displacement,
favoring skilled Globalization: While (capitalism, socialism,
globalization can etc.) that influence
workers and widening
create opportunities, wealth distribution
the gap between it often benefits and social welfare
high-income and low- wealthier nations policies.
income individuals. and individuals
more, exacerbating
inequalities as poorer
nations struggle to
compete.
Lo3-To explain why there are economic inequalities around the world.
DEVELOP
MENT You will be successful
when
Lo3-To explain why You understand the
concept of development
there are economic A
inequalities around
Why is this important?
the world. What’s next?
To understand the
Lo2-To describe the change over time and
various indicators of B how the indicators
development help to achieve this .
How can I challenge
myself today?
Lo1-To understand the
Give examples of
concept of
C developed,under
development.
developledand
developing nations
•United States: The U.S. has one of the highest levels of income inequality among developed
countries, with a significant wealth gap between the richest and the poorest citizens.
•Brazil: Known for its stark income disparity, Brazil's wealth is concentrated among a small elite,
while a large portion of the population lives in poverty.
•South Africa: Following the end of apartheid, South Africa still grapples with extreme economic
inequality, largely along racial lines, with a high percentage of the population living in poverty.
•India: While experiencing rapid economic growth, India faces substantial income inequality, with
a significant divide between urban and rural areas and among different social groups.
•Mexico: Economic opportunities are unevenly distributed, with a large portion of the wealth held
by a small elite and many people living in poverty.
Examples to learn
C B
All students
Concept of Development
some students
Explain the indicators of economic
P
inequality
L
E
N
You did it
A
R
Few students
most students
Concept of economic inequality
Understand the reasons of Y
economic inequality and why still it
and types
exist today .write with example
A
A*