📌 Key Terms: Click to Reveal Meaning
🔹 Development
Meaning: Progress that improves people’s quality of life — not just income, but also health, education, freedom, and happiness.
Example: A village gets clean water and a school — life improves even if incomes stay the same.
🔹 Per Capita Income
Meaning: Average income of a country = Total income ÷ Total population.
Note: It doesn’t show how income is shared — some may be rich, others poor.
🔹 Human Development Index (HDI)
Meaning: A measure that combines life expectancy, education, and income to compare development across countries.
Example: Sri Lanka has lower income than India but higher HDI due to better health and education.
🔹 Economic Development
Meaning: Growth in a country’s income, industries, and infrastructure.
Focus: GDP, factories, jobs.
🔹 Human Development
Meaning: Growth in people’s well-being — including health, education, and standard of living.
Focus: Are people living longer, learning more, and living with dignity?