Post on 11-Jan-2016
4/22/13
Warm-up: If you had to live in another country, where would you choose to live? Where would you definitely want to avoid? Why?
SWBAT: identify and explain factors that correlate to national wealth.
Your Task
Find your Falcon partner.
Complete Part A of Why Are Some Nations Wealthy?
Country A - Brazil
Per Capita GDP: $12,000
Life Expectancy: 72.8 years
Literacy Rate: 88.6%
Infant Mortality Rate: 20.5/1000
Country B - Japan
Per Capita GDP: $36,200
Life Expectancy: 83.91 years
Literacy Rate: 99%
Infant Mortality Rate: 2.21/1000
Country C - Nigeria
Per Capita GDP: $2,700
Life Expectancy: 52.05 years
Literacy Rate: 68%
Infant Mortality Rate: 74.36/1000
Country D - Russia
Per Capita GDP: $17,700
Life Expectancy: 66.46 years
Literacy Rate: 99%
Infant Mortality Rate: 7.3/1000
Country E - Singapore
Per Capita GDP: $60,900
Life Expectancy: 83.75 years
Literacy Rate: 92.5%
Infant Mortality Rate: 2.65/1000
Rankings
1. E (Singapore)
2. B (Japan)
3. D (Russia)
4. A (Brazil)
5. C (Nigeria)
The United States
Population: 317 Million
Per Capita GDP: $49,800
Life Expectancy: 78.49 years
Literacy Rate: 99%
Infant Mortality Rate: 6/1000
Points to Ponder
How can some nations with few natural resources, such as Japan and Singapore, be relatively wealthy?
How can other nations with vast amounts of natural resources, such as Nigeria and Russia, be relatively poor?
11/07/14
Journal: From the excerpt and your notes from the Graphic Organizer– Prioritize what you believe to be the 3 most significant factors that support long term economic growth– improvements in the standard of living for all citizens in developing nations. Bullet point reasons for your choices.
Google Presentations @ Factors of Long Term Econ Development
Factors Contributing to Long-Term Economic Growth
High investment levels in physical and human capital
Greater economic freedom
Strong incentives to save and invest
Factors Contributing to Long-Term Economic Growth
Competitive markets
Low inflation
Political stability
Free trade
Recent Trends
The Key to Long-Term Economic Growth is….
PRODUCTIVITY
Long-Run Economic Growth
Long-Run Economic Growth
11/07/14
Warm-up: Of 177 countries ranked on the Index of Economic Freedom, where do you predict the U.S. ranks? Explain.
SWBAT: Analyze data from the 2013 Index of Economic Freedom.