A. What is an indicator? 1. indicator – a sign or signal from some information (like a test or experiment) that tells you something 2. A society’s economic level and activity can be measured by using various indicators.

B. What are the 5 most common economic indicators? 1. Life Expectancy 2. Literacy Rate 4. Annual Income 3. Infrastructure 5. Gross Domestic Product (GDP)

C. Life Expectancy 1. Average number of years a person lives 2. What could be some reasons why a country’s life expectancy is low?

D. Literacy Rate 1. Measurement of the ability to read and write. 2. How could a low literacy rate affect the economy of a country?

E. Infrastructure 1. basic facilities, services, and installations needed for the functioning of a community. 2. What do you consider to be basic services a country needs to function?

F. Annual Income 2. What factors could affect the average income of a person? 1. Average income of (money earned by) a person during a year

G. Gross Domestic Product (GDP) 2. Which is better—a high GDP or a low GDP? 1. The total value of the goods and services produced in a country during a given time period

H. What can these indicators tell us about a country? 1. under- developed 2. developing 3. developed 1. By analyzing this data, we can describe a nation as -

3. Developed: high literacy rate, life expectancy, strong infrastructure, high GDP 1. Under-developed: fewest jobs, fewest services, lowest literacy rate, little infrastructure, & shortest life expectancy… 2. Developing: few jobs, limited services, low literacy rate, little infrastructure, & short life expectancy…

Economic Indicator$ - Cloze Summary A society’s economic level and _______ can be measured by using various _______. An indicator is _____. The 5 most common indicators are _,_,_,_, and _. The meanings of two of these terms are ____ means ____, and ___ means ____. By analyzing this data, we can describe a nation as __,__, or __. Countries with a high literacy rate are mostly ___, while countries with a low GDP are mostly ___.

Southeast Asia’s A.

B.

C.