world mapper. retrieved june 25, 2009: purchasing

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World Mapper. Retrieved June 25, 2009: http://www.worldmapper.org/display.php?selected=170

Purchasing power is a measure of what can be bought in the territory in which that money is earned. It is cheaper to live in some places than others.Taking differences in local costs into consideration, this map shows that 46% of world wealth adjusted for purchasing power is in North America and Western Europe. The regions with the most purchasing power per person are North America, Japan and Western Europe. Despite the lower prices found in Central Africa, the people living there still have the lowest purchasing power. The proportion of world wealth found in Central Africa is greater when measured in purchasing power than when measured using exchange rates.“The PPP rate is the exchange rate which would mean that the money you exchange would buy exactly the same basket of goods in both countries ..." Biz/ed, 2006 Territory size shows the proportion of worldwide wealth found there when GDP is adjusted for local purchasing power.

The last of the First World: Australia, New Zealand, and JapanMark M. Miller / World Regional Geography

The University of Southern Mississippi

•Google Earth•Japan’s lack of natural resources

Terminology:

First, (Second,) Third (& sometimes Fourth) Worlds

Core & periphery

Wikipedia. Retrieved October 14, 2009: http://en.wikipedia.org/wiki/File:Map_of_First_World_

Countries.svg

Economist.com. Cloud, or silver linings? 8/19/07: http://www.economist.com/world/displaystory.cfm?story_id=9539825

Krulwich, Robert. Oh My Gosh, What Happened To Paraguay? And China, You Are So Big!NPR. September 19, 2010: http://www.npr.org/blogs/krulwich/2010/09/02/129609503/oh-my-gosh-what-happened-to-paraguay-and-china-you-are-so-big

World Mapper. Retrieved June 25, 2009: http://www.worldmapper.org/display.php?selected=170

Purchasing power is a measure of what can be bought in the territory in which that money is earned. It is cheaper to live in some places than others.Taking differences in local costs into consideration, this map shows that 46% of world wealth adjusted for purchasing power is in North America and Western Europe. The regions with the most purchasing power per person are North America, Japan and Western Europe. Despite the lower prices found in Central Africa, the people living there still have the lowest purchasing power. The proportion of world wealth found in Central Africa is greater when measured in purchasing power than when measured using exchange rates.“The PPP rate is the exchange rate which would mean that the money you exchange would buy exactly the same basket of goods in both countries ..." Biz/ed, 2006 Territory size shows the proportion of worldwide wealth found there when GDP is adjusted for local purchasing power.

Krulwich, Robert. Oh My Gosh, What Happened To Paraguay? And China, You Are So Big!NPR. September 19, 2010: http://www.npr.org/blogs/krulwich/2010/09/02/129609503/oh-my-gosh-what-happened-to-paraguay-and-china-you-are-so-big

Krulwich, Robert. Oh My Gosh, What Happened To Paraguay? And China, You Are So Big!NPR. September 19, 2010: http://www.npr.org/blogs/krulwich/2010/09/02/129609503/oh-my-gosh-what-happened-to-paraguay-and-china-you-are-so-big

University of Wisconsin Marathon County 8/7/07:http://www.uwmc.uwc.edu/geography/100/koppen_web/koppen_map.htm

8/7/07: http://vulcan.wr.usgs.gov/Imgs/Gif/PlateTectonics/Maps/map_plate_tectonics_world.gif

USGS. 8/7/07: http://wwwneic.cr.usgs.gov/neis/weekly/weekly.gif

Earth Science Australia. 8/7/07: http://earthsci.org/processes/geopro/seismic/fau

lts2.gif

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