§2.2 Measuring economic development

• Aardrijkskunde
• Middelbare school
• havo
• Leerjaar 1

Welcome!

Planning

• Welcome!
• What you will learn
• Recap
• Explanation §2.2
• Exercise 
• Learning goals check
• End

What you will learn

• Explain what kind of different economic development indicators you could use to compare the wealth of different countries 
• Explain what the advantages and disadvantages are of using these economic indicators 

Name a country that belongs to the South

What is a reason to move from a rural village to the urban city?

1. For a house
2. For a job
3. For a better life
4. To live in a slum

What is an example of a LEDC?

1. Germany
2. France
3. Australia
4. Nigeria

How do we call differences within a country?

1. Regional differences
2. Regional disparities
3. Differences in wealth
4. Country differences

Gross Domestic Product

•  Not always easy to tell the difference between LEDC or MEDC
• Solution: Gross Domestic Product

Gross Domestic Product

• Development indicator
  
• Gross Domestic Product
• Countries with a lot of people have a higher GDP than countries with less people

The GDP is the total value of all products and services produced by a country. Also the amount of money earned by a country.

Gross Domestic Product

•  To battle this they have found another solution!
• Gross Domestic Product per capita
• The total income divided by the people living in a country

Disadvantages of using GDP

• Four disadvantages

1. GDP per capita is an average.
2. It does not show anything about the regional differences 
   

Disadvantages of using GDP

3. It does not tell you what you can buy for a certain amount of money in a country

4. Not all jobs (and incomes) are statistically registered. Some incomes do not show up in the GDP per capita

What is not counted in the GDP?

1. Income of the country
2. Income of all companies in a country
3. Income of people working in unregistered jobs
4. Income of people working in registered jobs

Drag the GDP per capita to the matching countries!

High

Medium

Low

High

High

Medium

Medium

Low

What is an example of an unregistered job?

1. Businessman
2. Teacher
3. Shoeshiner
4. Barber

Making the exercises!

• Make exercises of §2.2 Measuring economic development 1 t/m 5
  
• Whisper if you want to talk to you neighbour
• Read the book carefully
  
• If you have a question, raise you hand for help!
  
• Finished the exercises? Practice the keywords!

What you have learned

• Explain what kind of different economic development indicators you could use to compare the wealth of different countries 
• Explain what the advantages and disadvantages are of using these economic indicators 

End of lesson!

Homework: Read §2.2 and make the exercises!