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Literacy Rate & GDP. The relationship between a country’s economy and its literacy rate. Let’s look at …. What does literacy rate mean?. The percentage of people in a country that can read and write. What in the world is GDP?. Gross Domestic Product

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The relationship between a country s economy and its literacy rate
The relationship between a country’s economy and its literacy rate.

Let’s look at …


What does literacy rate mean
What does literacy rate mean? literacy rate.

  • The percentage of people in a country that can read and write.


What in the world is gdp
What in the world is GDP? literacy rate.

  • Gross Domestic Product

  • The total market value of all final goods and services produced within the country in a given period of time (usually a calendar year).

  • Countries seek to increase their GDP to improve their standard of living


So what is gdp per capita
So, what is GDP per capita? literacy rate.

  • Per capita is a measure of wealth

  • Per capita income means how much money each individual would receive IF a country divided its yearly income equally among everyone.

  • Is used to measure a nation’s wealth with the wealth of other nations.


Look at the following chart and try to determine the following
Look at the following chart and try to determine the following …

  • Does the literacy rate of a country seem to have an affect on …

    • GDP per capita?

    • Life expectancy?

    • Industrial production growth rate?


Other factors
Other factors? following …

  • Other than the literacy rate, what other factors may affect a country’s GDP per capita?


Other factors that may affect a country s gdp
Other factors that may affect a country’s GDP. following …

  • Wars

  • Famine

  • Drought

  • Natural disasters


So how does literacy rate affect the standard of living in countries
So, how does literacy rate affect the standard of living in following … countries?

  • Normally, the higher the literacy rate the higher the GDP per capita.


What is the relationship between investment in human capital and gdp
What is the relationship between investment in human capital and GDP?

  • First … what is human capital?

    • The health, strength, education, training, and skills that people bring to their jobs.


Reminder how can a country invest in human capital
Reminder … how can a country invest in human capital? and GDP?

  • Invest in

    • Education

    • Training in skills

    • Health care


What is the relationship between investment in human capital and gdp1
What is the relationship between investment in human capital and GDP?

  • What do you think would be an example of human capital?

  • How can a country invest in human capital?

  • Do you think a country would be wise to invest in human capital?

  • What is the relationship between investment in human capital and the GDP?

  • Do you think our chart supports your answer?


What is the relationship between investment in human capital and gdp2
What is the relationship between investment in human capital and GDP?

  • Normally … the more a country invests in human capital, the greater the GDP.


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