5.1 DIFFERENCES IN ECONOMIC DEVELOPMENT
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Understand the causes and impacts of differences in income; productivity; population growth; size of population; size of industrial sectors; saving and investment and education and healthcare
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Watch the two short videos.
1. What does quality of life actually (living standards) mean? 2. What are the best indicators to use to determine quality of life? 3. What are the strengths and weaknesses of using each indicator? 4. What changes can create increased quality of life outcomes? 5. What changes can worsen quality of life outcomes? |
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Activity 1: Read through each of the Differences in economic development and their causes and then complete the notes table below, add examples for each description using the data tables below. See the examples that are already completed.
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Industrial Structure:
Educational Attainment:
Healthcare:
Factor Productivity:
Saving and Investment:
Population Growth:
Incomes:
| differences_notetaker.docx |
Tables and Data on Economic Development
Data: Largest Commercial/Retail banks by Assets controlled ($'s Trillions)
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Activity 2: Your teacher will explain to you how developing countries are likely to get caught in a cycle of poverty without intervention . As you draw the poverty cycle diagram consider how a country might break the cycle of poverty at different points in the cycle.
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Complete the short Kognity multiple choice test:Indicators of the standards of Living.
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Activity 3: Complete the exam style questions on differences in economic development between countries.
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| differences_in_economic_development_between_countries_35.pdf |