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What is Standard of Living ?. Standard of Living is the overall comfort and well-being of a group or country. How do we measure this?. Education/ Literacy rate Health care Economy Communications Technology Political stability Fertility Rates.
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What is Standard of Living? Standard of Living is the overall comfort and well-being of a group or country
How do we measure this? • Education/ Literacy rate • Health care • Economy • Communications • Technology • Political stability • Fertility Rates
Literacy rateHow many people can read and write.A person who cannot read is called “illiterate”
Literacy rates • US 99% • World average 84.1% • Finland 100% • Burkina Faso 21.8%
Heath careIs good medical care available close to where people live? Can they afford it?
Total Fertility Ratethe average number of children that would be born to a woman over her lifetime • Source: CIA World Fact Book
Life expectancy or longevityHow long the average person lives.
Life expectancy around the world • #1 Japan Male-79.29 Female-86.96 • #40 USA Male-75.35 Female-80.51 • #134 Iraq Male-63.37 Female-71.69 • #198 CAR Male-44.47 Female-47.31 • World Ave Male-64.71 Female-70.14
Life expectancy through time • Upper Paleolithic (48k-8k BC) 33 • Neolithic (10k-2k BC) 20 • Bronze Age (3600-1200 BC)26 • Classical Rome (500-100 BC) 28 • Pre-Columbian North America 25-30 • Early 20th Century 31 • 2010 world average 67.2
Infant MortalityHow many babies die before they are one year old?
Infant mortality(per 1000 live births) • Monaco 1.81 • Israel 4.03 • USA 5.9 • Morocco 25.49 • Nigeria 72.97 • Afghanistan 119.41
Economy Source: http://databank.worldbank.orgGNP is Gross National Product The total value of goods and services produced in a country per year. Ranking in 2012US $(mil) • 1 United States 15,684,800 • 2 China 8,227,103 • 3 Japan 5,959,718 • 4 Germany 3,399,589 • 65 Syrian Arab Republic 73,672 • 14 Mexico 1,177,271 • 166 Bhutan 1,780 • 167 Liberia 1,767 • 168 Belize1,448
Per capita income in 2012 • Qatar$102,800 • United States $49,800 • Mexico $15,300 • China $9,100 • India $3,900 • Kenya $1,800 • Somalia $600 • D R C $400
PPP = Per Person Parity Measures costs inside a country based on US Dollar. Example is cost of iPads worldwide Argentina $1,094.11 Turkey $656.96 US $546.91( w/ California tax) US $499.99(w/o tax) Malaysia $473.77
Political stability means how likely a government will change. Syrian war and Protests
Developed and Developing countries A poor country with a less advanced economy A wealthy country with a good economy
Country 1 Country 2 Which country is developed? Which country is developing?