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Class Discussion Question. What do you want to be when you “grow up”? How much education does that job require? How much does that profession generally pay? How competitive is this field in terms of hiring / advancement?. Here is the plan…. - PowerPoint PPT Presentation
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Class Discussion Question
What do you want to be when you “grow up”?How much education does that job require? How much does that profession generally pay? How competitive is this field in terms of hiring / advancement?
Here is the plan…• Students will understand the basic
structure of South Asia’s economy.• Students will compare the economy of
South Asia to that of the United States.• Students will predict the economic future
of South Asia.
American Economy• Pros • Cons
Here is your competition…
Bhutan Nepal India Bangladesh Pakistan USA0
2000
4000
6000
8000
10000
12000
14000
16000
18000
5 42
4962
325 574
16720
2013 Overall GDP (PPP) Billions of Dollars
Source – CIA Factbook
Bhutan Nepal India Bangladesh Pakistan USA0
10,000
20,000
30,000
40,000
50,000
60,000
2013 GDP per Capita PPP - US Dollars
Bhutan Nepal India Bangladesh Pakistan USA0
10
20
30
40
50
60
70
80
2013 - % of Agricultural Workers
Bhutan Nepal India Bangladesh Pakistan USA0
1
2
3
4
5
6
2013 the % of Growth Rate
Summary• Despite our well documented
problems, the USA still has the “largest and most technologically powerful economy in the world”.• USA has a very small % of
agricultural workers.• The primary concern for USA is
a lack of economic growth / stagnant wages in recent years.
BIG problem…
•Many people in South Asia are still engaged in subsistence agriculture.• Subsistence agriculture is
producing only enough crops or livestock for a family’s survival.• Despite HIGH number of
agricultural workers, famine is still a major issue.
Concert for Bangladesh
Did this Band really aid…?• This 1971 concert and
album (yes I said album) from Madison Square Garden has generated millions of dollars for UNICEF.• Has this solved the
underlying issues that caused the problem in the first place?
Misery•NO, not really!•Droughts, floods,
and famine are still far too prevalent in the region of South Asia.
Green Revolution•Write down a
definition for this term.•Who is the
“Father” of this movement?•What are the PROS
/ CONS to this movement?
Green Revolution•Mono (single) crop production in order to
produce higher yields.• Use of hybrid / genetically altered seeds to
produce higher yields.• Less resting time between plantings to
produce higher yields.• Heavy doses of H2O / pesticides /
fertilizers in order to produce higher yields.
An inescapable truth…
Dhaka
United Nations
POPULATION• India is growing by 18 million people EVERY year.
(source UN)• Dhaka, Bangladesh is one of the most densely
populated cities in the entire world.• Population growth AND Urbanization are combining to
create severe planning issues for national governments.• Some countries like Nepal and Bhutan are sparsely
populated due mainly to their geography.• The governments of India & Bangladesh are aware of
their population “problem”.
FUTURE•What do you think
the economic future for countries in South Asia will look like?• Overall??•What kind of jobs will
people in South Asia be employed?
English & Educated• Many Indians are
highly educated and speak English.• They are in direct
competition with Americans for software development and Information technology (IT) jobs.• Will work harder (?)
and for less pay (!)
Outsourcing
Help Wanted???
• Unemployment Rates in the USA have dropped to about 6%• Many highly educated
Americans are deep in debt.• IT and engineering jobs ranging
from 75 to 150 k are routinely available on MONSTER.com• India is producing 5X more
engineering students than the USA.
Here is the plan…• Students will understand the basic
structure of South Asia’s economy.• Students will compare the economy of
South Asia to that of the United States.• Students will predict the economic future
of South Asia.