1. MEASUREMENT OF WEALTH

2.  1. The GDP can also be known as the Gross Domestic Income per Capita.  2. It can be measured in many different ways.  3. The best way to explain it: Sum total of incomes of individuals living in a country during one year. GDP: GROSS DOMESTIC PRODUCT

3.  Top 5 Countries  (in millions of US$)  1. US 17,419,000  2. China 10,360,105  3. Japan 4,601,461  4. Germany 3,852, 556  5. UK 2, 941, 886  Lowest 5 Countries  190. Micronesia 316  191. Palau 251  192. Marshall Islands  193. Kiribati 167  194. Tuvalu 38 GDP: GROSS DOMESTIC PRODUCT

4. GDP MAP

5. GDP: WORLD MAPPER VERSION

6.  1. Measures inequalities in the distribution of income.  2. The value is between 0 (perfect equality) and 1 (absolute inequality)  Perfect equality: everyone has the same income  Absolute inequality: one person has all the income.  3. A country can never have a 1 or a 0 because those situations cannot exist in real life. GINI INDEX/GINI COEFFICIENT

7.  1. Lesotho 63.2  2. South Africa 63.1  3. Botswana 63  4. Sierre Leone 62.9  5. Central African Republic 61.3  136. Denmark 24.8  135. Hungary 24.7  134. Montenegro 24.3  140. Slovenia 23.7  141. Sweden 23.0 COUNTRY RANKING ACCORDING TO THE GINI INDEX (OUT OF 100) 108. Canada 32.1 41. USA 45.0 26. China 47.3

8. GINI COEFFICIENT

9.  1. The HDI is a relatively new way to measure development. (1991)  It combines different factors.  2. There are 3 dimensions:  A) Health: Life expectancy at birth  B) Education: Years of schooling and expected years of schooling  C) Living standards: Gross national income (GNI) per capita. HDI: HUMAN DEVELOPMENT INDEX

10.  3. The calculation of HDI is now up to 187 countries.  Some countries that are not included:  Peoples Democratic Republic of Korea  Somalia  South Sudan  Monaco  4. It is published by the United Nations Development Programme HDI: HUMAN DEVELOPMENT INDEX

11.  Very High HDI  1. Norway  2. Australia  3. Switzerland  4.Netherlands  5. United States  8. Canada  High HDI  50. Uruguau  51. Bahamas  52. Montengro  91. China  Medium HDI  103. Maldives  103. Mongolia  103.Turkmenistan  Lowest HDI  183. Sierra Leone  184. Chad  185. Central African Republic  186. Democratic Republic of Congo  187. Niger 2014 HDI REPORT

12.  Lowest HDI  183. Sierra Leone  184. Chad  185. Central African Republic  186. Democratic Republic of Congo  187. Niger  Syria -5 positions  Libya -4 2014 HDI REPORT

13. HDI 2011

14. HDI: WORLD MAPPER VERSION