Comparing latin american economies

Download Comparing latin american economies

Post on 14-Dec-2014

617 views

Category:

Education

0 download

Embed Size (px)

DESCRIPTION

 

TRANSCRIPT

<ul><li> 1. Comparing Latin American Economies Mexico, Brazil, &amp; Cuba Unit 10 Notes</li></ul> <p> 2. Foreign Exchange Rates </p> <ul><li>The price of 1 countrys currency compared to another </li></ul> <ul><li><ul><li>1 US dollar = 11 Mexican pesos </li></ul></li></ul> <ul><li><ul><li>1 US dollar = 1.8 Brazilian reals </li></ul></li></ul> <ul><li><ul><li>1 US dollar = .92 Cuban pesos </li></ul></li></ul> <p> 3. United Mexican States 4. 3 Economic Questions </p> <ul><li>What to Produce? </li></ul> <ul><li><ul><li>Businesses decide and government approves/denies it </li></ul></li></ul> <ul><li>How to produce it? </li></ul> <ul><li><ul><li>Businesses decide &amp; government regulates procedures </li></ul></li></ul> <ul><li>For whom to produce? </li></ul> <ul><li><ul><li>Businesses decide based on supply &amp; demand (price) </li></ul></li></ul> <ul><li>Which economic system does Mexico have? </li></ul> <p> 5. Mexicos Economic System </p> <ul><li>Mexico has aMixed economic system,that is closer to market than command. </li></ul> <p> 6. Mexicos Natural Resources </p> <ul><li>Whats available? </li></ul> <ul><li><ul><li>petroleum, silver, copper, gold, lead, zinc, natural gas, timber </li></ul></li></ul> <p> 7. Mexicos Land Use </p> <ul><li>What percentage of the land isarable(capable of being farmed)? </li></ul> <ul><li><ul><li>12.66% </li></ul></li></ul> <p> 8. Mexicos Industries </p> <ul><li>Whats being produced in the factories? </li></ul> <ul><li><ul><li>food and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables,</li></ul></li></ul> <ul><li><ul><li>Tourism is also a major industry in Mexico. </li></ul></li></ul> <p> 9. Mexicos Literacy Rate </p> <ul><li>What percentage of people over the age of 15 can read and write? </li></ul> <ul><li><ul><li>91% </li></ul></li></ul> <ul><li>How long are students required to stay in school? </li></ul> <ul><li><ul><li>13 years </li></ul></li></ul> <p> 10. Mexicos Unemployment Rate </p> <ul><li>What percentage of people do not have jobs? </li></ul> <ul><li><ul><li>4.1% (however, only 61.1% of people working age have a job) </li></ul></li></ul> <ul><li>What percentage of people live in poverty? </li></ul> <ul><li><ul><li>18.5% </li></ul></li></ul> <p> 11. Mexicos GDP</p> <ul><li>$1.578 trillion (2008) </li></ul> <ul><li>GDP Per Capita--What is the value of goods and services producedper person ? </li></ul> <ul><li><ul><li>$14,400 (2008) </li></ul></li></ul> <p> 12. Federative Republic of Brazil 13. 3 Economic Questions </p> <ul><li>What to Produce? </li></ul> <ul><li><ul><li>Businesses decide and government approves/denies it </li></ul></li></ul> <ul><li>How to produce it? </li></ul> <ul><li><ul><li>Businesses decide &amp; government regulates procedures </li></ul></li></ul> <ul><li>For whom to produce? </li></ul> <ul><li><ul><li>Businesses decide based on supply &amp; demand (price) </li></ul></li></ul> <ul><li>Which economic system does Brazil have? </li></ul> <p> 14. Brazils Economic System </p> <ul><li>Brazil has aMixed economic system </li></ul> <p> 15. Brazils Natural Resources </p> <ul><li>Whats available? </li></ul> <ul><li><ul><li>bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, timber</li></ul></li></ul> <p> 16. Brazils Land Use </p> <ul><li>What percentage of the land isarable(capable of being farmed)? </li></ul> <ul><li><ul><li>6.9% </li></ul></li></ul> <p> 17. Brazils Industries </p> <ul><li>Whats being produced in the factories? </li></ul> <ul><li><ul><li>textiles, shoes, chemicals, cement, lumber, iron ore, tin, steel, aircraft, motor vehicles and parts, other machinery and equipment</li></ul></li></ul> <p> 18. Brazils Literacy Rate </p> <ul><li>What percentage of people over the age of 15 can read and write? </li></ul> <ul><li><ul><li>88.6% </li></ul></li></ul> <ul><li>How long are students required to stay in school? </li></ul> <ul><li><ul><li>14 years </li></ul></li></ul> <p> 19. Brazils Unemployment Rate </p> <ul><li>What percentage of people do not have jobs? </li></ul> <ul><li><ul><li>8% </li></ul></li></ul> <ul><li>What percentage of people live in poverty? </li></ul> <ul><li><ul><li>22% </li></ul></li></ul> <p> 20. Brazils GDP</p> <ul><li>$2.03 trillion (2008) </li></ul> <ul><li>GDP Per Capita--What is the value of goods and services producedper person ? </li></ul> <ul><li><ul><li>$10,300 (2007) </li></ul></li></ul> <p> 21. Republic of Cuba 22. 3 Economic Questions </p> <ul><li>What to Produce? </li></ul> <ul><li><ul><li>Government makes all economic decisions </li></ul></li></ul> <ul><li>How to produce it? </li></ul> <ul><li><ul><li>Government decides how to make goods/services </li></ul></li></ul> <ul><li>For whom to produce? </li></ul> <ul><li><ul><li>Whoever the government decides to give them to </li></ul></li></ul> <ul><li>Which economic system does Cuba have? </li></ul> <p> 23. Cubas Economic System </p> <ul><li>Russia has aCommand economic system </li></ul> <p> 24. Cubas Natural Resources </p> <ul><li>Whats available? </li></ul> <ul><li><ul><li>cobalt, nickel, iron ore, chromium, copper, salt, timber, silica, petroleum, arable land </li></ul></li></ul> <p> 25. Cubas Land Use </p> <ul><li>What percentage of the land isarable(capable of being farmed)? </li></ul> <ul><li><ul><li>27.63% </li></ul></li></ul> <p> 26. Cubas Industries </p> <ul><li>Whats being produced in the factories? </li></ul> <ul><li><ul><li>sugar, petroleum, tobacco, construction, nickel, steel, cement, agricultural machinery, pharmaceuticals </li></ul></li></ul> <p> 27. Cubas Literacy Rate </p> <ul><li>What percentage of people over the age of 15 can read and write? </li></ul> <ul><li><ul><li>99.8% </li></ul></li></ul> <ul><li>How long are students required to stay in school? </li></ul> <ul><li><ul><li>16 years </li></ul></li></ul> <p> 28. Cubas Unemployment Rate </p> <ul><li>What percentage of people do not have jobs? </li></ul> <ul><li><ul><li>1.8% </li></ul></li></ul> <p> 29. Cubas GDP</p> <ul><li>$144.6 billion (2008) </li></ul> <ul><li>GDP Per Capita--What is the value of goods and services producedper person ? </li></ul> <ul><li><ul><li>$12,700 (2008) </li></ul></li></ul>