In this assignment, you will deep dive into different measures of economic development to determine why different methods are used.
business
Description
In this assignment, you will deep dive into different measures of economic development to determine why different methods are used. You will assess what measures are used throughout the world including the productivity of a nation’s workforce, GDP per capita, population growth, consumption, social conditions, and infrastructure. You will use material from the course to determine why certain measures apply differently across the globe and in various cultures.
In a two-page essay, answer the questions below and discuss the factors that influence your country's economic development. Your essay should use a 12-point font, be double spaced, and use APA formatting to cite references on the last page of your assignment. It should be submitted as a Word or PDF document. Be sure to note the country you chose at the top of your essay.
Answer the following questions:
- From the following list, how would you classify your country be economically classified? Why?
- Developed country
- Emerging markets country
- Newly industrialized country
- Developing country
- What is the economic system in your country and how is economic development or national production measured in your country?
- Describe the essential political system in your country?
- Summarize the main features of the legal system in your country?
THE NAME OF THE COUNTRY I CHOSE IS “ SOUTH AFRICA”
