Economic Country Classification

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6 Questions

A country's Human Development Index (HDI) is directly proportional to its GDP per capita.

False

A confederation is a system of government where power is held by a strong central authority.

False

A country with a parliamentary system always has a separate head of state and head of government.

True

A country's GDP measures the total value of goods and services produced by its citizens regardless of the location.

False

A developed country always has a high Human Development Index (HDI).

True

A country with a federal system always has a presidential system of government.

False

Study Notes

Country Classification

  • Developed countries: high income, high standard of living, and advanced economy (e.g. USA, Canada, Japan)
  • Developing countries: low income, low standard of living, and growing economy (e.g. China, India, Brazil)
  • Least developed countries: very low income, low standard of living, and struggling economy (e.g. Afghanistan, Nepal, Somalia)

Country Measurement

  • Gross Domestic Product (GDP): total value of goods and services produced within a country's borders
  • GDP per capita: average income per person in a country
  • Human Development Index (HDI): measures life expectancy, education, and income

Country Systems

  • Federal system: power divided between central government and regional governments (e.g. USA, Germany)
  • Unitary system: power held by central government (e.g. UK, France)
  • Confederation: alliance of states with limited central authority (e.g. EU, Switzerland)

Country Borders

  • Land borders: shared boundaries with neighboring countries
  • Maritime borders: boundaries at sea, often defined by international law
  • Border disputes: conflicts over border boundaries (e.g. Israel-Palestine, India-Pakistan)

Country Government

  • Presidential system: president serves as head of state and government (e.g. USA, France)
  • Parliamentary system: prime minister serves as head of government, with a separate head of state (e.g. UK, Germany)
  • Authoritarian system: government has complete control, with limited individual rights (e.g. North Korea, China)

Country Classification

  • Countries are classified into three main categories: developed, developing, and least developed, based on their income, standard of living, and economy.
  • Developed countries have a high income, high standard of living, and an advanced economy, e.g. USA, Canada, and Japan.
  • Developing countries have a low income, low standard of living, and a growing economy, e.g. China, India, and Brazil.
  • Least developed countries have a very low income, low standard of living, and a struggling economy, e.g. Afghanistan, Nepal, and Somalia.

Country Measurement

  • Gross Domestic Product (GDP) is the total value of goods and services produced within a country's borders.
  • GDP per capita is the average income per person in a country, providing a better understanding of the standard of living.
  • The Human Development Index (HDI) is a comprehensive measure of a country's development, considering life expectancy, education, and income.

Country Systems

  • A federal system divides power between the central government and regional governments, promoting regional autonomy, e.g. USA and Germany.
  • A unitary system concentrates power in the central government, with limited regional authority, e.g. UK and France.
  • A confederation is an alliance of states with limited central authority, often for specific purposes, e.g. EU and Switzerland.

Country Borders

  • Land borders are shared boundaries with neighboring countries, often with a clear demarcation.
  • Maritime borders are boundaries at sea, often defined by international law and treaties.
  • Border disputes arise from conflicts over border boundaries, e.g. Israel-Palestine and India-Pakistan disputes.

Country Government

  • A presidential system features a president who serves as both head of state and government, e.g. USA and France.
  • A parliamentary system has a prime minister as head of government, with a separate head of state, often a ceremonial figure, e.g. UK and Germany.
  • An authoritarian system is characterized by a government with complete control, often limiting individual rights and freedoms, e.g. North Korea and China.

Classify countries based on their economic development, including developed, developing, and least developed countries. Learn about GDP and its significance in measuring a country's economy.

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