• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

GDP Per Capita

Extracts from this document...


Country With a Lower GDP Per Capita and Higher Provision of Social Services is More Developed Compare To a Country With a Higher GDP per Capita and Low Provision of Social Services. In my opinion, I think that a country with a lower GDP per capita and higher provision of social services is more developed compare to a country with a higher GDP per capita and low provision of social services. When we refer to the definition of development which is " The concept of development is qualitative variable and thus far broader than any of the variables aimed at describing it. ...read more.


Take for example two countries which are United States Of America(USA) and India. USA for example might have the lower GDP per capita but their government have taken serious effort in increasing the social services for the citizens. In USA there are lots of facilities that eventually have increased the social standard of the citizens. In a simple words, developing country must have a functioning government, shows ample tax revenue and has a social security system.For India, the government has lack of effort in increasing the social life of the citizens and they are most concentrating on a big city and neglecting the other part of the country. ...read more.


Citizens in a developing country have a choice such as political choice, the choice of food, choice of place to live and choice on whether they want to do something or not but not in a less developed country(LDC). They also have the opportunities to study, to leisure and so on which is not a common things at the LDC.The same thing goes to freedom. Freedom to speak, freedom to give opinion and freedom from arbitrary governance and random applicability of the law. These are all qualitative variable which determined the rate of development of the country and obviously, they are all parts of social services that is provided by the government of the country. [1]pg. 14,Economics In Terms Of The Good, The Bad and The Economist, McGee ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our International Baccalaureate Economics section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related International Baccalaureate Economics essays


    Some analysts have forecast that a barrel of oil could even touch $200 by 2010, which is likely to have a huge impact on the world economy.

  2. The quality of China's GDP

    The first is inflation. The high GDP growth is likely to send out reminder bill, which will cause troubles, not a healthy GDP. The reason is simple, a number of countries issuing banknotes money can buy things, things with the buyer, the factory can speed up production.

  1. Economics LDC Types of Aid

    However, with higher interest rates and falling commodity prices in the 1980's and the 1990's "many defaulted their loans and many other loans had to be re-scheduled."4 Another form of aid or rather the direct lending of very small amounts of money are micro-credit schemes.

  2. What is the impact of the Notional Interest Tax Deduction system on investments in ...

    Looking at Appendix 1 we can come to the conclusion that the NITDS has benefited the public. This can be seen since there is an increase in the amount of internal financing within a business from the financial year 2006 to 2007.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work