Social Studies - Economics and Development PDF

Term Definition Human Development Index A set of data geographers use to compare quality of life in different countries including: health, education, and standard of living Life Expectancy Average age a person in the country can live. Gross Domestic Product Total value of goo...

Term Definition Human Development Index A set of data geographers use to compare quality of life in different countries including: health, education, and standard of living Life Expectancy Average age a person in the country can live. Gross Domestic Product Total value of goods and services produced in a year Gross Domestic Product Per Capita GDP per person Literacy Rate Percent of the adult population that can read and write.5 Ask questions about most/least developed: GDP: Human Development Index * What data can we look at to give us the Human Development Index? * According to the HDI rank, which of the following countries is the MOST developed? * According to the HDI rank, which of the following countries is the LEAST developed? * What can you conclude about the standard of living in countries like Brazil and Venezuela? Life Expectancy * According to the Life Expectancy, which of the following countries has the worst health care system? Misc: * Which type of economy gives the citizens the least freedom to make decisions? * Traditional * Command * MIxed * Market * Which type of economy does the United States have? * What are service industries? What is an example of a service industry that helps support Latin America’s economy? * Latin America is known for their agriculture (farming) industry. What do they sell to support the economy? * What is an example of a primary, secondary, tertiary economic activity? * Agriculture: * Factories: * Service: * What are signs a country has a developed economy? * A high literacy rate * A long life expectancy * A high per capita GDP * A low unemployment rate (usually) Word Bank: GDP, Human development Index, GDP per capita, Life Expectancy, Literacy rate