Emerging economies

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  • Indicators of growth
    • Gross         Domestic Product        (GDP) per capita
      • The measure of goods and services produced in a year divided by the number of people in the country
    • Finding and evaluating data on GDP
      • Figures for the UK are compiled by the ONS (Ofiice for National Statistics) and for other countries sources like  the World bank
    • Health
      • E.g. life expectancy at birth, infant and maternal mortality, pollution exposure and access to clean water
    • Human Development Index
      • Life expectancy, mean years of schooling and Gross National Income (GNI) per capita
    • Literacy
      • The percentage of adults that can read and write
  • Implications of economic growth for individuals and businesses
    • Trade Oppportunities
      • where an economy is growing, consumption may also be growing, and this is good news from firms looking to invest or sell their products and services

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