why are some countries “rich” while others are...

6th Grade Social StudiesUnit 6, Lesson 3:

Why are some countries “rich” while others are “poor”?”

1

• What do you think people mean when they say a country is rich?

• How might living in a rich country differ from living in a poor country?

• What may account for different levels of wealth among countries?

2

Rich country or Poor country????????

4

What causes our incomes to increase?

What is the main cause of economic growth?

What is one way economists measure economic growth?

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ACTIVITY

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Gross Domestic Product

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ANALYZING GDP DATA

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ANALYZING GDP GROWTH DATA

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11

• Is economic growth the same as development? Why or why not?

• Would GDP be an effective indicator of development? Why or why not?

• Is development dependent on economic growth? Why or why not?

• Should development just be measured in terms of economic development? Why or why not?

• Should development include factors relating to social development? If so, what might some of these factors be?

??????????????????????????????

12

The HDI is a single statistic which serves as a frame of reference for both social and economic development.

The United Nations Human Development Index

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Indicators used to calculate an HDI rating:

• Years of schooling

• Life expectancy

• Income

The United Nations Human Development Index

The HDI is a single statistic which serves as a frame of reference for both social and economic development.

14

Human Development Index

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ANALYZING HDI DATA

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COMPARING DATA

GDP HDIGDP Growth

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What factors are likely to lead to economic growth in a country?

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• Technological innovation

• Investment in the factors of production (land, labor, capital)

• A mixed economy

• Political stability

• Steady improvement of infrastructure like roads, water supply and electrical grids

• Active involvement in global trade networks

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ACTIVITY

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What factors are likely to negatively affect economic growth in a country?

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ACTIVITY

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ACTIVITY

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ACTIVITY

Places that are very cold can make it difficult to grow food so food can be expensive.

why are some countries “rich” while others are...

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