Watch the Gapminder video â200 Years that Changed the Worldâ available from http://www.gapminder.org/videos/200-years-that-changed-the-world/ and answer the following questions:
a.When Hans Rosling talks about China âcatching upâ with the United States, explain in more detail what he means by this? (at least 100 words)
b.How can free trade help middle income countries or emerging economies âcatch upâ with the high income or developed economies? (at least 200 words)
c.On the y-axis of the visualisation Hans Rosling presents in the Gapminder video, income per person is shown. What is an alternative label or term that we have used in the course that means the same as income per person?
d.The income per person referred to in part c. above is âinflation adjustedâ. Why is it necessary to adjust this for inflation? (at least 200 words)
Watch the Gapminder video â200 Years that Changed the Worldâ available from http://www.gapminder.org/videos/200-years-that-changed-the-world/ and answer the following questions:
a.When Hans Rosling talks about China âcatching upâ with the United States, explain in more detail what he means by this? (at least 100 words)
b.How can free trade help middle income countries or emerging economies âcatch upâ with the high income or developed economies? (at least 200 words)
c.On the y-axis of the visualisation Hans Rosling presents in the Gapminder video, income per person is shown. What is an alternative label or term that we have used in the course that means the same as income per person?
d.The income per person referred to in part c. above is âinflation adjustedâ. Why is it necessary to adjust this for inflation? (at least 200 words)
