Download - Development&gdp intro
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We live in houses like this……..
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Whilst many people live in houses like this…….
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We have no problem finding fresh water to drink and water the grass with!
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Whilst other people can hardly find enough water to drink…
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We have more food than we can eat……..
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But did you know that……….
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In 2001, 1.1 billion people lived on less $1 (CHF0.84) a day and 2.7 billion lived on less than $2 (CHF1.68) a day.
How much do you think you live on?Could you live on $1,$2, $10?
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The Rich Developed North and the Poor Less Developed South
Is it simply a question of who has the most money? Why is the north rich?
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How wealthy is your country? The average income of a person in the world is
$12,000
In Qatar, the average income is
$104,300
In the Democratic Republic of Congo, the average income is
$400
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How do we work out how wealthy a country is?
GDP - Gross Domestic ProductThe total amount of money a country makes from
all of the goods and services it produces.
Goods = Things we buy and sell
Services = jobs people are paid to do
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GDP = Good + Services
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But there is a problem
China’s population = 1,343,239,923 people(Over 1.3 billion people)
Switzerland’s population = 7,925,517(Less than 8 million people)
Which country is going to produce the most goods
and services?
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GDPChina’s GDP = $11,440,000,000,000
(that’s $11.44 trillion dollars)
Switzerland’s GDP = $344,200,000,000(only $344.2 billion)
That is a huge difference!
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But that doesn’t mean that China is the wealthiest country
GDP/Capita = Gross Domestic Product
population
The money hasto go a long way
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GDP/Capita
Is a much better way of showing how wealthy a country is.
All the money a country makes÷
The number of people in the country.