GEOG 1200 Lecture Notes - Lecture 1: High Tech, Higher Education, Secondary Sector Of The Economy

• School: McMaster University
• Department: Geography
• Course: GEOG 1200
• Professor: Marinel Mandres

Document Summary

Gnp and gdp don"t accurately represent quality of life. Demographic indicators to measure development: life expectancy, infant mortality rate, level of education or literacy. Composite indicators: put people rst rather than economics. Look at the well being or living standards of people. Human development index (hdi): life expectancy, highest education, personal income. Gender empowerment index (gei): womens incomes, womens labour force, number of parliament seats held by women. Doesn"t matter what indicator you use, you will nd that development is unevenly distributed. Core countries of the north, made up of more developed countries (mdcs). All of them have diversi ed economies, and these economies are very ef cient. They have advanced technologies, and very high levels of prosperity. Countries that are part of the periphery. Their characteristics are in between core and peripheral countries. Economic development stages: rostow"s modernization model (1960) - series of stages countries expected to follow. Traditional society (limited technology, static society, internal trade);