Measuring Inequality & The Formal Economy [AP Human Geography Unit 7 Topic 3] (7.3) 

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Chapters:
0:00 Introduction
0:30 Formal Economy
0:44 Informal Economy
1:17 Gross Domestic Product
1:48 Gross National Product
2:15 GDP & GNP Example
2:42 Gross National Income & GNI Per Capita
3:37 Formulas?
4:04 Social & Economic Development
4:24 Gender Inequality Index
4:49 Human Development Index
5:33 Practice Quiz
Skills in this video:
SPS-7.C
Describe social and
economic measures of
development.
SPS-7.C.1
Measures of social and economic development
include Gross Domestic Product (GDP); Gross
National Product (GNP); and Gross National
Income (GNI) per capita; sectoral structure of
an economy, both formal and informal; income
distribution; fertility rates; infant mortality rates;
access to health care; use of fossil fuels and
renewable energy; and literacy rates.
SPS-7.C.2
Measures of gender inequality, such as
the Gender Inequality Index (GII), include
reproductive health, indices of empowerment,
and labor-market participation.
SPS-7.C.3
The Human Development Index (HDI)
is a composite measure used to show
spatial variation among states in levels
of development.
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