Introducing Global Development
Starter: Complete page 1 & 2 of the worksheet below. Don't take the phrase 'live without' too literally and go for 'obvious' things like oxygen. Think more about the items you couldn't "live without" or food or drink that, if it was taken away from you, would be really testing!
How Does Wealth Vary Around The World?
Task 5 - How does wealth vary around the world?
i. To do this, you need to find out the GDP per capita (means per person) of your home country.
ii. Either ..... type this in to Google. For example, the current GDP per capita of France is $49,145 (source). This is about €41,500.
iii. ...... or you can use this Wikipedia list to find your country
GDP per capita is a measure of a country's economic output that accounts for its number of people. It divides the country's gross domestic product by its total population. That makes it the best measurement of a country's standard of living. It tells you how prosperous a country feels to each of its citizens.
iv. Now, copy this figure and enter it into this wealth calculator. Choose your home country, add the GDP value in the home currency (€ £ etc) and then choose 1 adult and 0 children (gives per adult).
v. Take a screen shot of the first two charts and copy them onto a word document.
So, how does the average person in your home country compare to some of the richest people on Earth?
vi. Click here to be taken to another calculator.
vii. Scroll down and choose your CEO (Chief Executive Officer), choose annual salary and then enter the expense amount as the GDP per capita of your home country in American $.
viii. Play around with two or three CEO's and check out how long it takes them to earn the annual GDP per capita of your home country! Take screenshots.
ix. Create a poster / infographic / PowerPoint that compares your home country's GDP per capita to other countries around the world and to the richest people out there.
x. Upload your work to ManageBac.