SOCI 254 Lecture Notes - Measles, Diarrhea, Tuberculosis

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Gdp: sum of all econ activity in nat if want to take into consid size of nat: gdp per capita. Gnp vs gdp: domestic = whatever econ activity w/in borders of nat. National = whatever nationals do (includes overseas activity) Gdp prob: may not mean same thing going fr/1 nat to the next. Have to control these measures for local prices ppp (purchasing power parity) controls. Gdp not measure of standard of living. Wealth distrib, non-market transactions, underground economy, asset value, non- monetary econ, quality improvements: new products, what is being produced?, sustainability of growth. Machines = productivity gains = efficiency gains (incredible in all domains) Long century of growth 1820 1950, many parts of world effected. 1960 2010: effected many parts of world also. // by other aspects of soc devel (longevity, mortality rates, mobility reduction, nutrit levels) Human development index: greatly increased values for all regions (optimistic)

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