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Question A
Examine the table above showing the Gross Domestic Product (GDP) per capita in SUS for selected countries in 2015 and answer each of the following questions. (i) Us... show full transcript
Step 1
Answer
To illustrate the Gross Domestic Product (GDP) per capita for the selected countries, follow these steps:
Set Up Your Graph: Begin with an A4 sheet of graph paper. Ensure it is clean and free from markings.
Label Your Axes:
Plot the Data: Use an appropriate symbol (e.g., circles) to represent the GDP of each country:
Draw the Graph: Connect the data points with a line or use bars to represent the GDP values for each country, depending on the preferred graph type (line graph or bar chart).
Title: Add a title to your graph such as "GDP per Capita for Selected Countries in 2015".
Step 2
Answer
There are several factors contributing to the differences in GDP among countries. Here are two key reasons:
Economic Structure: Countries with diversified economies often generate higher GDPs. For instance, nations that have industries in technology, finance, or manufacturing tend to have higher GDPs compared to those reliant mainly on agriculture or raw material extraction. Higher value-added services and products drive overall economic output.
Investment in Human Capital: Countries that invest significantly in education and healthcare tend to have a more skilled and productive workforce. A well-educated population enhances innovation and efficiency, leading to increased productivity and higher GDP. Countries like the USA and Germany, with robust education systems, can exemplify this.
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