What is the principle that is most closely associated with the concept of self determination
The term autonomy, derived from the Greek auto-nomos, was first used to describe self-governing city states in ancient Greece. It is now often translated as self-law, self-government, self-rule, or self-determination.
Which of the following is one of the measures that HDI is based on
The HDI is calculated as the arithmetic mean of the two education indices (mean years of schooling and expected years of schooling), with the life expectancy, education, and GNI per capita dimensions being equally weighted.
Which of the following best describes the invisible hand quizlet
The desire of resource producers and suppliers to further their own self-interest will automatically further the public interest, according to which of the following statements best summarizes the invisible-hand theory?
Which of the following statements is true about risk management in market systems versus command systems
Which of the following statements about risk management in market systems versus command systems is true? Market systems manage risk better because business owners who take risks bear the costs of bad decisions, whereas in command systems government decision makers dont.
Is a form of utilitarianism that holds that an action can be deemed to be right if it conforms to a rule that has been validated by the principle of utility
An action is right if it complies with a rule that promotes the greatest good, or that “the rightness or wrongness of a particular action is a function of the correctness of the rule of which it is an instance,” according to the rule utilitarianism school of thought.
Why are firms motivated to minimize production costs
The markets competitive pressures will drive out higher-cost producers, so firms are driven to reduce production costs. In a market system, suppliers and employees are typically protected from risk, but at the expense of not sharing in the firms profits.
When individuals think about what they ought to do in a particular situation they are thinking in the world of
Both philosophers and psychologists study moral reasoning, which involves applying critical analysis to specific events to determine what is right or wrong and what people should do in a given circumstance.
Which of these are indicators measured by HDI
The three human development indicators that are taken into account by the HDI are per capita income, education, and life expectancy.
What is the most typically used measure of a countrys level of development
Although there is no set threshold for an economy to be classified as either developing or developed, per capita gross domestic product (GDP) is the most frequently used indicator.
Which organization maintains HDI
The Human Development Index (HDI), which is yearly published in the Human Development Report (HDR) by the United Nations Development Programme (UNDP), was first developed in 1990 using Amartya Sens work on capabilities and functionings.
Which of the following indicators are not used in the calculation of human development index
Indicators of the Human Development Index do not include national income.
What measures the average annual income per person per year
The average income per person in a given area (city, region, country, etc.) during a given year is measured by per capita income (PCI), which is calculated by dividing the areas total income by its total population.
Which of the following is not the indicator of HDI a rate of migration b education c life expectancy D standard of living
The human development index (HDI) measures all of the items listed below with the exception of happiness and health.
Which country listed has the highest human development ranking quizlet
Norway has the highest HDI in recent years.
What does the table indicate about the development of Barbados quizlet
The table shows how different nations rank in terms of their GDP and Human Development Index (HDI). It shows that Barbados is not economically developed but has a comparatively high standard of living.
What does the table show about the relationship between different measures of development
GNI per capita better reflects standard of living than GDP, according to the table, which illustrates the relationship between various measures of development. What other factors, besides the social and economic factors that make up the HDI, can determine a countrys level of development?
What is or is not included in the measurement of GDP
Sales of used goods and sales from inventories of goods produced in previous years are excluded, and only goods that are produced and sold legally are included within our GDP. Additionally, only newly produced goods – including those that increase inventories – are counted in GDP.
Which is the best example of how one form of pollution affects another quizlet
The best illustration of how one type of pollution affects another is the use of pesticides on plants, which contaminate both air and water.