Economics, Part 2
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| economic indicators | factors that determine if a country is developed or developing
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| literacy | being able to read and write
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| illiteracy | not being able to read and write
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| life expectancy | average life span for a female or male
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| urban | living inside the city limits, city
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| rural | living outside the city limits, country
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| populaton | number of people in the area being studied
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| agriculture | farming and livestock
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| labor force | people that work
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| subsistence farming | grow enough food for personal/family use
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| commercial farming | grow or produce enough food to sell for a profit
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| profit | the amount of money in excess, the amount of money above the cost of production
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| % of popluation under age 15 | the number of children in the country
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| gross domestic product (GDP) | total amount of money produced by a nation in one year
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| GDP per capita | total amount of money earned by a person in one year, income
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| technology | skills and tools
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| What would help life expectancy? | medical attention, medicines
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| What is the percent of urban population to be considered developed? | over 70%
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| What should the popluations of children under the age of 15 years be, if the country is considered developed? | under 20%
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| What is the percentage of people that are literate, if the country is considered developed? | over 90%
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| What is life expectancy of a country that is developed? | over 70 years old
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| What is the per capita GDP for a developed country? | over $14,000
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| What is the labor force in agriculture if the country is considered to be developed? | less that 5%
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| Developed or developing: Japan | developed
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| Developed or developing: United States | developed
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| Developed or developing: Africa | developing
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| Developed or developing: Latin America | developing
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| Developed or developing: Canada | developing
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| Developed or developing: most of Asia | developing
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| Developed or developing: most European nations | developed
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| Developed or developing: sell extra goods to other countries | developed
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| Developed or developing: commercial farming | developed
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| Developed or developing:subsistence farming | developing
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| Developed or developing:problems with disease, poor education, changing governments | developing
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| Developed or developing:problems are pollution, dependence on others, shortages | developed
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| Developed or developing: most people live in urban areas | developed
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| Developed or developing: most people work in industries and businesses | developed
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| Developed or developing: low literacy rate | developing
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| Developed or developing:life expectancy is high | developed
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| Developed or developing:more than 1/4 of the world's population | developed
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| Developed or developing: nomadic herding (moving with animals), gathering food | developing
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| arable | land that is suitable for farming
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Created by:
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