The past few days in my social studies class, we have been comparing different economies from around the world. To help aid in our conversation about comparasion students have been using the CIA World Factbook. This website provided by the CIA contains a wealth of information about every country around the world. In a few clicks of a button you can unlock information about any country’s economy, education, imports/exports, population, etc…
We used this website as a tool to compare four different countries: US, China, North Korea, and Chad. Students were asked to compare the countries by various economic factors that included everything from population to agriculture. Below is chart of information that was completed by one of my students (Lindsey R.), please feel free to check out here work.
US (Constitutional Republic) |
China (Communist Single-Party State)
|
North Korea (Socialist Single-Party State) |
Chad (Republic)
|
|
Population |
307,212,123 |
1,338,612,968 |
22,665,345 |
10,329,208 |
Type of Economy |
Free Market |
Market |
Free Market |
Agriculture |
Population below poverty line |
12% |
8% |
NA |
80% |
Unemployment rate |
7.2% |
4% |
NA |
NA |
Gross Domestic Product – real growth rate |
1.1% |
9% |
3.7% |
-0.8% |
Inflation rate |
3.8% |
5.9% |
NA |
10.3% |
Exchange rate per U.S. Dollar | British Pounds/US Dollar: 0.5302 Canadian Dollars/US Dollar: 1.0364 Chinese Yuan/US Dollars: 6.9385 Euros/US Dollars: 0.6827 Japanese Yen/US Dollars: 103.58 | Renminbi Yuan/US Dollar: 6.9385 | North Korea Wan/US Dollar: 140 | Central Africa/US Dollar: 447.81 |
Agriculture – products | Wheat, corn, other grains, fruits, vegetables, cotton, beef, pork, poultry, dairy, fish, forest products | rice, wheat, potatoes, corn, peanuts, tea, barley, apples, cotton, oilseed, pork, fish | rice, corn, potatoes, soybeans, cattle, pigs, pork, eggs | cotton, millet, peanuts, rice,potatoes, cattle, sheep, goats, camels |
Industries | Petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electrons, food processing, consumer goods, lumber, mining | iron, steel, aluminum, coal, machine building, apparel, cement, chemicals, fertilizer, consumer products, food processing, transportation equipment, commercial space launch vehicles | military products, machine building, electric power, chemicals, mining, food processing, tourism | oil, cotton textiles, meatpacking, brewing, soap, cigarettes, construction materials |
We will be using this chart in class on Wednesday to take a further look at these numbers and analyze the different economies of these four countries.
Mr. McClung
this is a really great idea to use this form in your social studies class! and it’s great that your showing them about the different economies of different countries, it seems really interesting!
Lindsay Sanders
Dr. Strange’s EDM 310 Class
University of South Alabama
Mobile, Alabama