Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
a) Identify ONE way that the data in the chart illustrate global economic differences between countries in the late twentieth century.
refer to picture*

Transcribed Image Text:LIFE EXPECTANCY AT BIRTH COMPARED TO GDP* PER CAPITA, 2005
90T
New
Zealand
Japan Iceland
Costa Rica
Cuba
* Ireland . Norway
*United States
80+
Chile
Malta
Bahrain
United
Kingdom
• Russian Federation
-India
• Gabon
• South Africa
• Botswana
• Mozambique
40-
•Swaziland
30-
5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000
GDP per Capita
Source: Adapted from Tim Jackson, Prosperity Without Growth: Economics for a Finite Planet (London: Earthscan, 2009), p. 56.
NOTE: Each dot represents a country; selected countries are identified.
*a measurement of a country's economic production in a given year
Life Expectancy at Birth (years)
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