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Qualitative Analysis

• Deals with descriptions • Data can be observed but not measured. • Colors, textures, smells, tastes, appearance, beauty • Qualitative →Quality

Quantitative Analysis

• Deals with numbers. • Data which can be measured. • Length, height, area, volume, weight, speed, time, temperature, humidity, sound, cost, age, etc. • Quantitative → Quantity

Empirical Data Statements

• Statements of facts, numbers

• They are verifiable statements

• Looks at GPD, exports, imports, etc.

Normative Issues Statements

• Based on value judgments

• Judgement about what "should" be

• Whether or not statistics bode well for country

Correlation

is when one trait or behavior accompanies another. It can be ascertained through surveys, observations, or case studies. One variable might shift another.

Causation

when one trait or behavior causes another to occur

GDP

all goods and services produced in a country in a given year

GDP per Capita

GDP of a country divided by the country's population

GDP growth rate

measures how an economy is growing

Trends Require 3 Things

1. Years of the data you're examining

2. What is the data you are looking at

3. Did the thing you're looking at change over time?

Human Development Index

summary of human development defined by the following variables:

1. health

2. education

3. standard of living

GINI

measures income distribution across the population. It serves as a gauge of economic inequality

Freedom House

rates people's access to political rights and civil liberties in 210 countries and territories through its annual Freedo in the World report. Individual freedoms—ranging from the right to vote to freedom of expression and equality before the law.

Civil Rights

personal rights guaranteed and protected by the personal rights guaranteed and protected by the U.S. Constitution/Gov't -promotion of equality

Civil Liberties

• Protection of rights from the government • Stops the government from interfering with your right to do something. • Ex: Freedom of speech, freedom of the press, freedom of assembly, freedom of religion, etc.

3 Sector Model

Attempts to determine a country's level of development based on what percentage of a country's labor force is engaged in different categories of work

Primary sector

Agriculture and mining

Secondary sector

Industry

Tertiary sector

Services

Developed Countries or Post-Industrial Countries

Have most of their workforce engaged in the tertiary sector of the economy

Industrial Countries

Have most of their workforce engaged in the secondary and tertiary sectors of the economy

Newly Industrializing

Have their workforce fairly economically divided between all sectors

Less- Developed

Have most of their workforce engaged in primary sectors of the economy

GINI Index

• A mathematical formula that measures the amount of economic inequality in a society • Distance between the rich and the poor • 0 = prefect equality, 1 = complete inequality

high levels of HDI

Scores over .80

low levels of HDI

Scores under .50

Corruption

using of an official government position for personal gain

Corruption Perception Index

attempts to measure how corrupt people feel their government is.

Fragile State Index Rating

An attempt to measure and identify countries whose governments are at risk for collapse