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Development of Countries PowerPoint goal: Apply different “measures” to see how ‘developed’ a country is Directions: 1. Print the following 2 pages. (Print only slides #2 & #3!) 2. Answer the questions as you work through the presentation. 3. Hand in the question sheets w/ your answers. NAME ______________________________________________ Period _____________ COMPLETED ON (day/date)___________________________________ Study Question 1: Generally, what is true about the size of a county’s GDP if it has many people when you compare it to a country with very few people? Study Question 2: Generally, how good of an indicator is GDP to tell if a country is developed ? Study Question 3: Generally, how good of an indicator is GDP per capita to tell if a country is developed ? Study Question 4: Can the size (area) of a country tell you if it is developed? EXPLAIN why or why not. Study Question 5: Can a country's debt tell you if it is developed or not? EXPLAIN why or why not. Study Question 6: Can a country's population tell you if it is developed or not? EXPLAIN why or why not. Study Question 7: Can a country's population growth tell you if it is developed or not? EXPLAIN why or why not. Study Question 8: How can a country's industries tell you about how developed a country is? EXPLAIN “Measure” #1 Which of the following is a more developed country? country A country B $14.6 Trillion GDP $4.16 Billion GDP You can’t tell!!! Which of these is a more developed country? country A $46,442 GDP per capita USA country B $125,803 GDP per capita Lichtenstein!! This is a VERY developed & wealthy country!! “Measure” #1 What is the difference between the data on the TOP and the data on the BOTTOM? country A $14.6 Trillion GDP country B $4.16 Billion GDP GDP: The total of goods and services a country produces in a year country A $46,442 GDP per capita country B $125,803 GDP per capita GDP per capita: The total of goods and services a country produces in a year divided by the population (an average) “Measure” #1 Study Question 1: Generally, what is true about the size of a county’s GDP if it has many people when you compare it to a country with very few people? country A $14.6 Trillion GDP country B $4.16 Billion GDP GDP: The total of goods and services a country produces in a year country A $46,442 GDP per capita country B $125,803 GDP per capita GDP per capita: The total of goods and services a country produces in a year divided by the population (an average) “Measure” #1 Study Question 1: Generally, what is true about the size of a county’s GDP if it has many people when you compare it to a country with very few people? country A $14.6 Trillion GDP country B $4.16 Billion GDP GDP: The total of goods and services a country produces in a year country A $46,442 GDP per capita country B $125,803 GDP per capita GDP per capita: The total of goods and services a country produces in a year divided by the population (an average) “Measure” #1 Study Question 1: Generally, what is true about the size of a county’s GDP if it has many people when you compare it to a country with very few people? Study Question 2: Generally, how good of an indicator is GDP to tell if a country is developed ? Study Question 3: Generally, how good of an indicator is GDP per capita to tell if a country is developed ? “Measure” #2 Which of the following is a more developed country? country A country B 3,794,101 sq miles 62 sq. miles You can’t tell!!! USA Lichtenstein “Measure” #2 Study Question 4: Can the size (area) of a country tell you if it is developed? EXPLAIN why or why not. “Measure” #3 Which of the following is a more developed country? country A National debt of : $ 12,856,329,864,990 USA country B National debt of : $ 238,864,990 Mexico What can debt tell you about a country’s development? Do developed countries always have more debt? Lichtenstein: National debt: $0 “Measure” #3 Study Question 5: Can a country's debt tell you if it is developed or not? EXPLAIN why or why not. “Measure” #4 Which of the following is a more developed country? country A country B 300,000,000 people 34,000 people You can’t tell!!! USA Lichtenstein Does this mean that developed countries always have more people? China: 1, 300,000,000 people Though not fully “developed” China has become the third largest economy in the world (soon to replace Japan right below US!!) “Measure” #4 Study Question 6: Can a country's population tell you if it is developed or not? EXPLAIN why or why not. “Measure” #5 Which of the following are more developed countries? country A +2 % growth in population country B + 1 % growth in population Pakistan Mexico (NOT developed) (NOT developed) country C country D - .05 % growth - 2 % growth in population in population Germany Japan: (developed) (developed) What does the general trend seem to be? How can you figure out if the population of a country is growing? “Measure” #5 Study Question 7: Can a country's population growth tell you if it is developed or not? EXPLAIN why or why not. “Measure” #6 Which of the following are more developed countries? country B country A Exports: metals, cocoa, lumber Exports: plastic molded products, farm equipment country C country D Exports: prescription drugs, engineering services, computer software Exports: oil Answers: (NOT developed) (developing) (MOST developed) What does the general trend seem to be? What would be the correct order for the “stages of economic development”? agriculture ? manufacturing services (probably not developed) “Measure” #6 Study Question 8: How can a country's industries tell you about how developed a country is? EXPLAIN