[Return to Introduction Review Page]

Use this data for the hypothetical country of Harperland to answer the questions that follow.

• GDP = $375,000,000
• population =1,000,000
• urbanization = 25%
• population growth rate = 2%

1. Calculate the GDP per capita for Harperland.
2. About how many years will it take for the population of Harperland to double?
3. Would this country be classified as a less developed country (LDC) or a more developed country (MDC)? Give three reasons why based on the data available.

[Answers]

|

|

|

|

|

|

ANSWERS

Measures of Economic Development

Use this data for the hypothetical country of Harperland to answer the questions that follow.

• GDP = $375,000,000
• population = 100,000,000
• urbanization = 25%
• population growth rate = 2%

1. Calculate the GDP per capita for Harperland
   GDP per capita - GDP / population
   GDP per capita = $375,000,000 / 1,000,000
   GDP per capita = $ 375
2. About how many years will it take for the population of Harperland to double?
   # years to double = 70 / annual growth rate
   # years to double = 70 / 2
   # year to double = 35 years
3. Would this country be classified as a less developed country (LDC) or a more developed country (MDC)? Give three reasons why based on the data available.
   LDC because:
   • GDP per capita = $373. This is very low
   • urbanization = 25%. This is very low
   • annual population growth rate = 2%. This is a little high

To review the measures of economic development go to:
http://www.harper.cc.il.us/~mhealy/g101ilec/intro/eco/ecomea/ecomeafr.htm

[top]