Economic Indicators

The value of goods produced per person in a country.

• the economic growth rate

• the inflation rate

• the unemployment rate

• per capita GDP

This is the total value of goods and services produced in a place during a specific time period (year)

• HDI

• Standard of Living

• GDP

• Fertility Rate

This measures the average number of years a person is expected to live...

• Infant Mortality Rate
• Fertility Rate
• GDP
• Life Expectancy 

This measures the percentage of people who can read and write in a society...

• Literacy Rate

• Infant Mortality Rate

• Fertility Rate

• Life Expectancy

This measures the number of infant deaths per 1000 births...

• Fertility Rate
• Life Expectancy 
• Infant Mortality Rate
• GDP

What can cause a country to have a low literacy rate? 

• Uneducated Parents 
• Lack of learning materials
• Lack of resources (poverty) 
• all of these

99% of adult Australians are considered literate. Does this mean Australia has a high or low literacy rate?

• Low
• High

Countries with high literacy rates are generally wealthier.

• True
• False

Being able to read allows people to 

• often get lower paying jobs, afford clothing, and afford healthcare. 
• get better jobs and earn more, afford housing, food, clothing, and health care for their families.
• think.
• earn less money. 

Which of the following is NOT an indicator of standard of living?

• Literacy rate

• Population age distribution

• Infant mortality

• Cultural heritage