Developed and Developed and Developing Developing CountriesCountries

VA SOL objective – WG.8: The student will VA SOL objective – WG.8: The student will distinguish between developed and distinguish between developed and

developing countries and relate the level of developing countries and relate the level of economic development to the standard of economic development to the standard of

living and quality of lifeliving and quality of life

Essential Understanding Essential Understanding #1#1

Levels of economic Levels of economic development vary from development vary from country to country and from country to country and from place to place within countriesplace to place within countries

Essential Understanding Essential Understanding #2#2

Resources and technology Resources and technology influenceinfluence

economic development and economic development and quality ofquality of

lifelife

Differences between Differences between developed and developing developed and developing

countriescountries

1) 1) Access to Access to natural natural resourcesresources

2) Access to 2) Access to capital capital resourcesresources

3) Numbers and skills of 3) Numbers and skills of human resourceshuman resources

4) Levels of economic 4) Levels of economic developmentdevelopment

5) Standards of living and 5) Standards of living and quality of lifequality of life

6) Relationships between 6) Relationships between economic development and economic development and quality of lifequality of life

Indicators of economic Indicators of economic developmentdevelopment

1) Urban/rural ratio1) Urban/rural ratio

2) Labor force 2) Labor force characteristics:characteristics:

- - Primary sectorPrimary sector

- - Secondary sectorSecondary sector

- - Tertiary sectorTertiary sector

3) GDP per capita3) GDP per capitaGDPGDP = Gross Domestic Product = Gross Domestic Product

The total The total market valuemarket value of all of all final goodsfinal goods and and servicesservices produced in a produced in a countrycountry in a in a given year, given year,

Per capitaPer capita = per person = per person

4) Educational 4) Educational achievementachievement

Indicators of standards of Indicators of standards of living and quality of lifeliving and quality of life

1) Population growth rate 1) Population growth rate (natural increase)(natural increase)

Highest: United Arab EmiratesHighest: United Arab Emirates Lowest: Cook Islands Lowest: Cook Islands

2) Population age distribution2) Population age distribution

3) Literacy rate3) Literacy rate

4) Life expectancy4) Life expectancy Highest: Macau (84.36 years)Highest: Macau (84.36 years) Lowest: Swaziland (31.88 years)Lowest: Swaziland (31.88 years) United States: 78.11 yearsUnited States: 78.11 years

5) Infant mortality5) Infant mortalityHighest: Angola (180.21/1000)Highest: Angola (180.21/1000)Lowest: Singapore (2.31/1000)Lowest: Singapore (2.31/1000)United States: 6.26United States: 6.26

6) Percentage of urban population6) Percentage of urban population

Top 10 Urban Agglomerations in 2000:Top 10 Urban Agglomerations in 2000:1.1. Tokyo, JapanTokyo, Japan2.2. Mexico City, MexicoMexico City, Mexico3.3. New York-Newark, USANew York-Newark, USA4.4. Sao Paolo, BrazilSao Paolo, Brazil5.5. Bombay, IndiaBombay, India6.6. Shanghai, ChinaShanghai, China7.7. Calcutta, IndiaCalcutta, India8.8. Delhi, IndiaDelhi, India9.9. Buenos Aires, ArgentinaBuenos Aires, Argentina10.10. Los Angeles-Long Beach-Santa Ana, USALos Angeles-Long Beach-Santa Ana, USA