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CHAPTER 3 QUESTIONS

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CHAPTER 3 QUESTIONS
1.
a) LEDC : Less economically developed country is a country that faces many challenges and is
less stable therefore faces many challenges in developing.
b) MEDC : More economically developed country is a country with high level of economic
growth and security.
c) Gini index : A statistical tool used to measure income disparity for countries.
d) HDI : Human Development Index is a way to measure quality of life in countries by looking at
life expectancy, expected years of schooling and gross national income.
e) Core group : this consists of countries that both contribute and benefit from globalization the
most.
f) Periphery group : A group made up of countries who do not benefit as much from
globalization and are not considered highly globalized.
g) New core : A group of countries considered to be members of the core group but not as
advanced as the core group.
h) Near core : These are more advanced economically and socially than other countries and
have the potential to join the core within a few decades.
2. A person is said to have good quality of life when there is overall happiness. Happiness varies
for different people. In a country having high life expectancy, access to good school and gross
national income, a person is happy knowing that the future is bright and there is little or no
worries. For a country to give these benefits to its citizens the country should be economically
and socially stable and that would lead to better quality of life.
3. Subcategories are better for grouping as it makes people aware of a country’s strength and
weakness in relation to other countries. This is a way of regional grouping and it is done to
increase our understanding of these countries because more groups mean more precision.
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