Questions and Answers
What is the approximate population of the world?
7.4 billion
What is the largest country in the world by land area?
Russia
What is the formula to calculate population density for a country?
Population divided by land area
What is the value of Canada's GDP per capita in 2019?
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What does the GDP measure?
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What is the population density of Canada?
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What is the relative ranking of Canada in terms of land area compared to Russia and China?
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Given Canada's low population density, what might be a challenge for the country?
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What proportion of the world's population lives in Canada?
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What is one way to gauge the wealth of a country?
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What does Canada's GDP per capita indicate?
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What is a limitation of using GDP per capita as a measure of a country's wealth?
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Study Notes
Canada's Size and Population
- Canada is the second-largest country in the world, covering an area of 9,992,000 square kilometers.
- Russia is the largest country, and China is the third largest.
- Despite being vast, Canada has a low population density.
Population Density Calculation
- To calculate population density, divide the population by the land area.
- Canada's population density is approximately 4.0 people per square kilometer (40,000,000 ÷ 9,992,000).
Gross Domestic Product (GDP)
- GDP measures the value of all goods and services produced in a country in a year.
- It determines the size of a country's economy.
GDP Per Capita
- GDP per capita is the value of all goods and services produced in a country in one year divided by the country's population.
- Canada's GDP per capita in 2019 was $48,300.
Canada's Size and Population
- Canada is the second-largest country in the world, covering an area of 9,992,000 square kilometers.
- Russia is the largest country, and China is the third largest.
- Despite being vast, Canada has a low population density.
Population Density Calculation
- To calculate population density, divide the population by the land area.
- Canada's population density is approximately 4.0 people per square kilometer (40,000,000 ÷ 9,992,000).
Gross Domestic Product (GDP)
- GDP measures the value of all goods and services produced in a country in a year.
- It determines the size of a country's economy.
GDP Per Capita
- GDP per capita is the value of all goods and services produced in a country in one year divided by the country's population.
- Canada's GDP per capita in 2019 was $48,300.
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