social studies core 9 spring 2014
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Social Studies Core-9, Spring 2014. Economic Geography. Development Analysis. Which is the most developed? Which is the least developed?. Economic Terms. Economy Production, distribution, and consumption of goods Economic System

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Presentation Transcript
development analysis
Development Analysis
  • Which is the most developed?
  • Which is the least developed?
economic terms
Economic Terms
  • Economy
    • Production, distribution, and consumption of goods
  • Economic System
    • The method used to organize production, distribution and consumption
economic terms1
Economic Terms
  • Infrastructure
  • Gross Domestic Product (GDP)
  • GDP per capita
slide6
HDI
  • Human Development Index
    • Combines four pieces of data into one comprehensive indicator of social and economic development
slide7
HDI

U.S.- 314,000,000

  • Why GNI instead of GDP?
    • GNI is…
    • GDP is…
    • Why is GNI more accurate of a country’s wealth?
      • It measures only the money humans have to spend
      • GDP does not differentiate products which stay in the country or leave (and thus, are unavailable)

U.S.- $43,480

(per capita)

Gross National Income

U.S.- $47,452

(per capita)

Gross Domestic Product

slide8
HDI

Which country is more developed?

economic systems
Economic Systems
  • Capitalism (AKA, Market)
    • Private ownership of the means of production with a goal of profit
      • Resources & Factories
    • Driven by Free Market ideals
      • Distribution and cost of goods determined by supply and demand
economic systems1
Economic Systems
  • Capitalism, cont.
    • Lassaiz-faire Capitalism
      • French for “let it be” = no government interference
      • Free from tariffs (taxes) or subsidies (government funding)
    • Welfare Capitalism
      • Production is private, but regulated
      • Protects the workers
        • Minimum wage, working conditions, social security
economic systems2
Economic Systems
  • Planned Economy (AKA, Command)
    • Decisions regarding production and investments are in the hands of a central authority (government)
    • Central authority determines what will be produced, how much, and how much it will cost
economic systems3
Economic Systems
  • Socialist Economy
    • Decisions regarding production and investments are in the hands of a central authority (government)
    • Central authority determines what will be produced, how much, and how much it will cost
  • How is this different than command economy?
    • Goods produced in accordance to what the people want and/or need
economic systems4
Economic Systems
  • Communism vs. Socialism
    • While communism is an offshoot of socialism, there are key differences:
      • In socialism, the central authority monitors, making certain each person does/receives their share
      • In communism, the central authority dictates all aspects of the economy and, in practice, unequally distributes goods and services
economic systems5
Economic Systems
  • Mixed Economy
    • Control of economy is shared between the government and private sector
    • Accumulation of profit drives economic activity
    • Government influences economy through fiscal and monetary policy
      • Fiscal: taxation and spending
      • Monetary: supply of money
    • Some sectors provided by the government
      • Welfare programs, education, healthcare
may 1 2013
May 1, 2013
  • Agenda
    • Update
    • Kiva
    • Imperialism
      • Discussion
      • Map
    • Review??
imperialism
Imperialism
  • WHAT is imperialism?
    • Stronger nations taking control of weaker nations
  • WHO were the imperial nations?
    • Spain, France, England, United States, Japan, Germany, Holland, Portugal, & Italy
  • WHEN did imperialism occur?
    • 15th – 20th Centuries (1400-1900s)
imperialism1
Imperialism
  • WHERE in Asia was imperialized?
    • China, India, Philippines, SE Asia
  • WHY did European imperialism accelerate in the late 1800s?
    • New tech., industrialization, safer/easier travel, larger military
  • WHAT reasons did Europe have for taking over Asia?
    • God
    • Glory
    • Gold
imperialism2
Imperialism
  • WHAT justification did Europe have for imperialism?
    • Racism: Europeans are superior
    • White-man’s Burden
  • WHAT imperialist “footprints” remain in Asia today?
assignment
Assignment
  • Color the map of European (and U.S.) colonies in your packet. Be sure to label the country and color the key.
    • This is due Wednesday, May 8.
  • If you would like, you may work on the study guide for the Economic Geo. Assessment on Thursday.
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