Miniature Earth

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Miniature Earth. OLD (2001) http :// www.youtube.com/watch?v=fA6MhyK60iI NEW (updated 2010) http:// www.youtube.com/watch?v=r6eTr4ldDYg. Population & Standard of Living. Understanding the basic terms. Population. The total number of people living in a given area ( pg 86) - PowerPoint PPT Presentation

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Population & Standard of Living

Miniature EarthOLD (2001)http://www.youtube.com/watch?v=fA6MhyK60iINEW (updated 2010)http://www.youtube.com/watch?v=r6eTr4ldDYg

Population & Standard of LivingUnderstanding the basic terms

PopulationThe total number of people living in a given area (pg 86)https://www.census.gov/population/www/popclockus.html (US)http://www.census.gov/population/popclockworld.html (world)25 most populated countries http://geography.about.com/cs/worldpopulation/a/mostpopulous.htm

Population DensityA measure of the number of people living in a given area (86)

World Population Density

US Population Density

Population DistributionThe spread of people living in a given areaHow the population of an area is arranged according to variables such as age, race, or sex People do not like to live in places that are too hot, too cold, too wet, too dryPopulation density is very low in these areas

GNPGross National ProductThe total monetary value of all final goods and services produced in a country during one year PLUS income earned by its citizens abroad, minus income earned by foreigners from domestic production

GDPThe value of all goods and services produced within a country in a single year (pg. 95)United States GDP $15.29 trillion (2011 est.)country comparison to the world: 2 Djibouti GDP $2.26 billion (2011 est.) country comparison to the world: 184

GDPGNPStands for:Gross Domestic ProductGross National ProductDefinition:An estimated value of the total worth of a countrys production and services, on its land, by its nationals and foreigners, calculated over the course on one yearAn estimated value of the total worth of production and services, by citizens of a country, on its land or on foreign land, calculated over the course on one yearFormula for Calculation:GDP = consumption + investment + (government spending) + (exports imports)GNP = GDP + NR (Net income inflow from assets abroad or Net Income Receipts) - NP (Net payment outflow to foreign assets)Uses:Business, Economic ForecastingBusiness, Economic ForecastingApplication (Context in which these terms are used):To see the strength of a countrys local economyTo see how the nationals of a country are doing economicallyLayman Usage:Total value of products & Services produced within the territorial boundary of a countryTotal value of Goods and Services produced by all nationals of a country (whether within or outside the country)Country with Highest Per Capita (US$):Luxembourg ($87,400)Luxembourg ($45,360)Country with Lowest Per Capita (US$):Liberia ($16)Mozambique ($80)Country with Highest (Cumulative):USA ($13.06 Trillion in 2006)USA (~ $11.5 Trillion in 2005)GNPVsGDPGDP/capitaMeasure of the total output of a country that takes the gross domestic product ( GDP) and divides it by the number of people in the countrySo lets practiceCountry of Etterulis:GDP: $756,487 per yearPopulation: 246GDP/capita = $307.51

GDP/capitaDjibouti GDP/capita$2,700 (2011 est.)country comparison to the world: 176 US GDP/capita$49,000 (2011 est.)country comparison to the world: 11 DemographyThe science of social statistics, like of the births, deaths, diseases, marriages, etc., of populations.

Life expectancyThe average number of years to be lived by a group of people born in the same yearLife Expectancy Using the RP-2000 Combined Healthy Mortality Table Projected to 2011*AgeMaleFemaleAgeMaleFemale18 62 65 65 18 20 19 61 64 66 17 19 20 60 63 67 16 18 21 59 62 68 15 17 22 58 61 69 14 17 23 57 60 70 14 16 24 56 59 71 13 15 25 55 58 72 12 15 To use the life expectancy table: Find your age in the column below, then look to the appropriate gender column on the right to find the additional number of years you may expect to live. It is important to note that one-half of individuals can expect to live beyond their life expectancy and one-half will not live to that age.

Life ExpectancyDjiboutiUStotal population: 61.57 yearstotal population 78.49country comparison 184 country comparison 50male: 59.15 yearsmale: 76.05 yearsfemale: 64.07 yearsfemale 81.05 years

Literacy Ratethe ability to read and write

US definition: age 15 and over can read & writetotal population: 99%male: 99%female: 99%

Djiboutidefinition: age 15 and over can read & writetotal population: 67.9%male: 78%female: 58.4%

BirthrateThe annual number of births per 1,000 people (88)The birth rate is usually the dominant factor in determining the rate of population growth. It depends on both the level of fertility and the age structure of the population (lots of young people)

Birth Rate

United States:13.68 births/1,000 population country comparison to the world: 146

Djibouti:24.91 births/1,000 population country comparison to the world: 59 Death rateThe annual number of deaths per 1,000 peopleThe death rate accurately indicates the current mortality impact on population growth. This indicator is significantly affected by age distribution, and most countries will eventually show a rise in the overall death rate

Death RateDjibouti Death Rate8.08 deaths/1,000 population (July 2012 est.)country comparison to the world: 98 US Death Rates8.39 deaths/1,000 population (July 2012 est.)country comparison to the world: 87

Rate of Natural IncreaseThe birth rate minus the death rate of a population

MigrationThe movement of people from one place to live in another (pg 89)

US:3.62 migrant /1,000 population country comparison to the world: 26

Djibouti:6.02 migrant/1,000 population country comparison to the world: 16 Standard of LivingThe level of wealth, comfort, material goods and necessities available to a certain socioeconomic class in a certain geographic area

Human CapitalEconomic value of an employee's skill setThe collection of competencies, knowledge, social and personality skills includes creativity in the ability to perform work so as to produce economic valueUnderstanding that not all labor is equal The quality of employees can be improved by investing in themTheeducation, experience and abilities of an employeehave an economic value for employers and for the economy as a whole.

Helpful spilloverAn economic advantage coming from an unpredicted sourceExample: A helpful "spillover" might be education. We all are better off if we have an educated workforceExample: Government support of public education

Harmful spilloverAn economic disadvantage coming from an unpredicted source A harmful "spillover" might be air or water pollution from production of a product. Even those who do not consume the product are hurt by pollution.Example: Government taxing or regulating pollution