Comparing latin american economies plus canada
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- 1. Comparing Latin American Economies Mexico, Brazil, & Cuba Unit 6 Notes
- 2. Foreign Exchange Rates
- The price of 1 countrys currency compared to another
- 1 US dollar = 11 Mexican pesos
- 1 US dollar = 1.8 Brazilian reals
- 1 US dollar = .92 Cuban pesos
- 3. United Mexican States
- 4. 3 Economic Questions
- Businesses decide and government approves/denies it
- Businesses decide & government regulates procedures
- Businesses decide based on supply & demand (price)
- Which economic system does Mexico have?
- 5. Mexicos Economic System
- Mexico has a Mixed economic system, that is closer to market than command.
- 6. Mexicos Natural Resources
- petroleum, silver, copper, gold, lead, zinc, natural gas, timber
- 7. Mexicos Land Use
- What percentage of the land is arable (capable of being farmed)?
- 8. Mexicos Industries
- Whats being produced in the factories?
- food and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables,
- Tourism is also a major industry in Mexico.
- 9. Mexicos Literacy Rate
- What percentage of people over the age of 15 can read and write?
- How long are students required to stay in school?
- 10. Mexicos Unemployment Rate
- What percentage of people do not have jobs?
- 4.1% (however, only 61.1% of people working age have a job)
- What percentage of people live in poverty?
- 11. Mexicos GDP
- GDP Per Capita--What is the value of goods and services produced per person ?
- 12. Federative Republic of Brazil
- 13. 3 Economic Questions
- Businesses decide and government approves/denies it
- Businesses decide & government regulates procedures
- Businesses decide based on supply & demand (price)
- Which economic system does Brazil have?
- 14. Brazils Economic System
- Brazil has a Mixed economic system
- 15. Brazils Natural Resources
- bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, timber
- 16. Brazils Land Use
- What percentage of the land is arable (capable of being farmed)?
- 17. Brazils Industries
- Whats being produced in the factories?
- textiles, shoes, chemicals, cement, lumber, iron ore, tin, steel, aircraft, motor vehicles and parts, other machinery and equipment
- 18. Brazils Literacy Rate
- What percentage of people over the age of 15 can read and write?
- How long are students required to stay in school?
- 19. Brazils Unemployment Rate
- What percentage of people do not have jobs?
- What percentage of people live in poverty?
- 20. Brazils GDP
- GDP Per Capita--What is the value of goods and services produced per person ?
- 21. Republic of Cuba
- 22. 3 Economic Questions
- Government makes all economic decisions
- Government decides how to make goods/services
- Whoever the government decides to give them to
- Which economic system does Cuba have?
- 23. Cubas Economic System
- Cuba has a Command economic system
- 24. Cubas Natural Resources
- cobalt, nickel, iron ore, chromium, copper, salt, timber, silica, petroleum, arable land
- 25. Cubas Land Use
- What percentage of the land is arable (capable of being farmed)?
- 26. Cubas Industries
- Whats being produced in the factories?
- sugar, petroleum, tobacco, construction, nickel, steel, cement, agricultural machinery, pharmaceuticals
- 27. Cubas Literacy Rate
- What percentage of people over the age of 15 can read and write?
- How long are students required to stay in school?
- 28. Cubas Unemployment Rate
- What percentage of people do not have jobs?
- 29. Cubas GDP
- GDP Per Capita--What is the value of goods and services produced per person ?
- 30. Canadas Economy
- 31. What do you like on a Sundae?
- What toppings do you like on an ice cream sundae?
- Or absolutely everything (and I mean everything)?
OR - 32. What do you like on a Sundae?
- Chances are, you were somewhere between plain and everything.
- When discussing economies, most countries are somewhere in between too.
- When a country is not completely a command economy and not completely a market economy, but somewhere in between, it is called a Mixed Economy .
- 33. Most countries lie somewhere in between -However, they may be closer to one side than the other
- 34. Review Types of Economies
- Which type of economy lets businesses do whatever they want?
- Which economy has the government making all the decisions?
- Which economy do most countries have?
- 35. 3 Economic Questions
- Businesses decide and government approves/denies it
- Businesses decide & government regulates procedures
- Businesses decide based on supply & demand (price)
- Which economic system does Canada have?
