Standard of Living and Literacy Rate E.Q. – How does one’s literacy rate impact their standard of living?
Building Inferences
Vocabulary Literacy Rate – The amount of people in a country who know how to read and write.
European Literacy Rates European Country Literacy Rate United Kingdom99% France99% Russia99% Germany99% Italy98% Information above is according to the Georgia CRCT Test Prep Book.
Building Inferences
Vocabulary Standard of Living – the level of wealth and material comfort available to a person or community
So… How does someone’s education (literacy rate) impact their standard of living? VS
GDP Gross Domestic Product (GDP) - the total value of goods produced/services provided in a country during one year.
European Literacy Rates European Country Literacy RateGDP Per Capita United Kingdom 99%$35,100 France99%$33,000 Russia99%$14,700 Germany99%$33,200 Italy98%$30,400 Information above is according to the Georgia CRCT Test Prep Book. Why does Russia have a high literacy rate then but a low GDP per capita? HMM….
How does GDP impact standard of living?