1. Check out the Gapminder website at http://www.gapminder.org/. Choose "Gapminder World."
a. Choose a variable from the list of possible y-axis variables that you think might be affected by the rate of a countries economic growth or income per capita. Why did you select this variable? How do you think this variable is affected by economic growth or per capita income?
In clicking on the y-axis, there are a list of variables that spring out on a list. The broader categories include children per woman, CO2 emissions, income per person, child mortality, life expectancy, economy, society, education, energy, environment, health, infrastructure, population and work. The author of this response has a few answers to the question above about how many of those variables are affected by economic growth and per capita income.
One easy-to-see variable that can be described that way is health. The health of a country is certainly affected by economic growth and per capita income as countries that perform better in these regards would be better able to pay for healthcare both at the governmental and consumer level. Countries that suffer in this regard would have a harder time paying for healthcare so the prevailing health of such a nation would tend to be much poorer.
Another example would be infrastructure as many to most road and bridge projects are funded by gas taxes and other taxes and one has to have per capita income levels that are high as well as economic growth to fund those taxes without the rates being high and punitive. Both of these variables were...
This developed later into selling feeder stock to U.S. where the costs of feed were less. In terms of agriculture, Canada does not have a suitable climate to grow corn, and during the 1890s there was the change in cultivation through the use of a new variety of wheat called 'red fyfe' that has a short growing season. This also provided better prices for the farmers and was suited
Economics Growth The retailer sector was lately affected by the back-to-school shopping season, which did not start so well, as midprice department stores, discounters and specialty-apparel retailers announced disappointing sales results during August, which reinforced the already much debated concerns that consumers are not comfortable with the current state of the economy and are reluctant to consume, considering the shaky and uneven economic recovery. However, luxury department-store chains managed to post significant
This "crippled operations" not only in local businesses but in companies located in the most affected regions that supplied materials for manufacturing. In other words, Japan suffered from a shutdown of many companies that provided certain parts for cars and electronics. For example, the area that was slammed by the tsunami was a "supplier hub" where companies like Hitachi produced special parts -- including a "…$2 sensor that is
Economy http://ycharts.com/indicators/real_gdp/chart#series=type:indicator, id:real_gdp,calc:&zoom=10&startDate=&endDate=&format=real&recessions=false The above chart shows that economic growth in terms of real GDP was fairly strong from 4Q2002 (barely a year after 9/11) until about early to late 2007, when it nose-dived to roughly 12.75 trillion. It has since started to rise again and now is above the high point in 2007/2008. GDP growth over recent years has not been blowing the doors off, but it has steadily gone
Economist on impacts of growth, "The Effects of Growth: The Long View" discusses, in brief, how economic development of human societies is actually beneficial to biodiversity, in spite of some negative aspects linked to it. It starts with a comparison of two nations -- South and North Korea -- and the way their economics and politics contribute to local biodiversity, that is, the region's forest cover. An identical comparison
ECONOMIC INSTABILITY VS. FISCAL POLICY Fiscal Policy vs. Economic Instability Much has been stated and asserted about what governments can do to inhibit or create economic growth. Indeed, many politicians campaign and assert that they can create jobs and economic growth. Others suggest that such statements are pure folly and are no indicative of reality. The truth about governments and their ability to start or stop economic growth is somewhere in the
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now