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Fertility Rates and GDP

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Nandan Sheshadri
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9 views3 pages

Fertility Rates and GDP

Uploaded by

Nandan Sheshadri
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Fertility Rates and GDP

Gross domestic product is the best way to measure a country's economy. GDP is the total value of everything produced
by all the people and companies in the country. It doesn't matter if they are citizens or foreign-owned companies. If they
are located within the country's boundaries, the government counts their production as GDP.

The components of GDP are: Personal Consumption Expenditures plus Business Investment plus Government Spending
plus (Exports minus Imports).
Now that you know what the components are, it's easy to calculate a country's gross domestic product using
this standard formula: C + I + G + (X-M)
Station 4 Analysis: Answer the questions below using complete sentences. Use the data on Page 1 to answer the
questions.

1) Out of the countries presented, which one has the highest GDP? What does this number mean?

the country with the highest GDP is Equotorial Guniea that number means the total value of goods in a country so
equatorial guinea has good worth a total of 33k

2) Out of the countries presented, which one has the lowest GDP? What does this number mean?

Namibia has the lowest, and this means thatthey have not too many goods in their country meaning they are less
developed.

3) Are fertility rates and GDP’s correlated? If so, how?

the higher the GDP the lower the fertility rates because women have more jobs therefore delaying pregnancies, low gdp
means no jobs for women so they have kids more often.

4) Why do you think there are differences in GDP in Asia and Africa? Explain.

yes because africa has a lower level of education compared to asia,

5) Why do you think there are higher fertility rates in Africa than in Asia? Explain.

i think there are higher fertilty rates in africa than asia because of the educational opportunities offered in africa because
they have a low educational level low job rates leading to many people being farmers and spending a lot of time at home
leaving to them having more kids.

6) Do you see any outliers in the data sets? If so, explain why you think the outlier exists.

yes equatorial guinea has a higher GDP compared to all the other countries. I think this outlier exists because of the low
population of guinea which leads to more people being employed and them generating more money compared to other
countries like egypt where the area is bigger the population is bigger and the ratio to jobs and the population is bad.

7) What is the average GDP of the African nations presented?

1614.11

8) How does the average


compare with the United States
GDP? Why do you think this occurs?

The US has a considerably higher GDP than the global average mainly because of its large and diverse economy, high
productivity, and strong consumer demand. This is due to developed infrastructure, development in the technology
sector, and a huge gross domestic product in the international market.

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