1.4 - HOW TO COMPARE DIFFERENT COUNTRIES OR STATES?
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Practice Questions
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What does per capita income measure?
💡 Hint: Think about how total income is divided.
Name one limitation of using average income for comparisons.
💡 Hint: Consider economic disparity among people.
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Interactive Quizzes
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What is a key measure of comparing economic development between countries?
💡 Hint: Think about how average figures reflect income better.
True or False: High per capita income indicates that a country has no poverty.
💡 Hint: Consider the distribution of wealth.
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Challenge Problems
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Propose a new composite index for measuring development considering environmental factors. Describe how it would be calculated and its components.
💡 Hint: Think about what factors are essential for a healthy environment.
Analyze how two countries with the same per capita income can have drastically different living conditions.
💡 Hint: Consider income distribution and social programs.
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