2.2 Measuring economic development

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• Middelbare school
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• Leerjaar 1

2.2 Measuring economic development

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The Netherlands is a LEDC

1. True
2. False

People in the city earn more money than people in the countryside. Which keyword belongs to this sentence

1. Slums
2. Regional Disparities
3. Economic Migration
4. MEDC

How to measure economic development?

What example could you think of?

Gross Domestic product

the total value of all products and services produced by a country.

Is this a good way to check if the people in a country are rich?

GDP per capita

the total GDP of a country divided by the number of citizens in that country.

Checking homework

 2.1: 5,6,8,10

2.2: :1,2,3

There are three sectors people can work in

Primary sector

Primary sector

the employment sector in which people earn their money by working in agriculture, mining, forestry or fishing.

In general, the percentage of people working in the primary sector is much higher in LEDCs than in MEDCs.

Secundary sector

Secondary sector

the employment sector in which people earn their money by working in a factory.

The amount of people working in the secondary sector has increased in LEDCs and decreased in MEDCs.

Tertiary sector

Tertiary sector

the employment sector in which people earn their money by providing services.

Wages in the tertiary sector can be quite high. Most people in the MEDCs work in this sector.

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2.2: 4,5,6,7,8,9

Next week on thursday the test