Les 2 - §4.1 World: a world of difference

• Aardrijkskunde
• Middelbare school
• vwo
• Leerjaar 2

In which country does the average dutch person have the highest purchasing power? (The countries are ordered from rich to poor)

1. Norway
2. England
3. Poland
4. Nigeria

What is the poverty line?

Planning

Continue with §4.1

• Developing countries
• Informal sector
• GDP/Capita

Key words §4.1

Poverty line (armoedegrens): De hoeveelheid geld die je minimaal nodig hebt. Dit verschilt van land tot land

Purchasing power (koopkracht): How much you can buy in a country for one dollar, or euro

Developing countries (ontwikkelingslanden): These countries are not the rich industrialised countries, but they are generally considered to be poorer.

Informal sector (informele sector): The unofficial part of the economy, also known as the black market. The incomes in this sector do not end up in government statistics.

GDP/Capita (BBP/capita): All the money that is made in a country divided by the number op people in a country. 

What do you think of if you think about developing countries?

What are characteristics of developing countries?

Developing countries

Developing countries (ontwikkelingslanden): These countries are not the rich industrialised countries, but they are generally considered to be poorer.

These countries often lack:

• good education
• Infrastructure
• Good jobs
• proper healthcare

Informal sector

Informal sector (informele sector): The unofficial part of the economy, also known as the black market. The incomes in this sector do not end up in government statistics.

Which characteristics of developing countries did you see?

GDP/Capita

GDP/Capita (BBP/capita): All the money that is made in a country divided by the number op people in a country. 

Nederland

Statement: incomes from the informal sector are part of GDP/Capita

1. True
2. False

Bonus: Country A and Country B have the same GDP/Capita, but the median income (het inkomen wat de meeste mensen verdienen) in Country A is higher than in Country B. How is this possible?

Homework

1, 5 of §4,1