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	<title>Comments on: Lesson Plan: Visualizing Economic Growth and Economic Development</title>
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	<link>http://welkerswikinomics.com/blog/2009/12/09/1419/</link>
	<description>for students and teachers of Economics</description>
	<lastBuildDate>Wed, 08 Feb 2012 17:23:48 +0000</lastBuildDate>
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		<title>By: Mitchell_Broughton</title>
		<link>http://welkerswikinomics.com/blog/2009/12/09/1419/comment-page-1/#comment-21457</link>
		<dc:creator>Mitchell_Broughton</dc:creator>
		<pubDate>Wed, 08 Feb 2012 02:14:25 +0000</pubDate>
		<guid isPermaLink="false">http://welkerswikinomics.com/blog/2009/12/09/1419/#comment-21457</guid>
		<description>1.What is human development and what factors contribute to this development? 
 
Human development is the growth of a person&#8217;s choices in life. It is the ability for humans to make choices that impact their lives. The factors that contribute to it are the general health and life expectancy of the people, political freedom and equality, and general knowledge and education. 
 
2.What does it mean to have an improvement in the standard of living? 
 
The standard of living is made up of many things. An improvement would mean that equality has increased, as well as education, housing, food quality, and overall quality and choice in goods. 
 
3.What is the difference between economic growth and development? 
 
Economic growth spokes mostly to a rise in GDP of a country, while economic development speaks more to the standard of living of its consumers.  
 
4.What indicators are used to measure the economic development of nations? 
 
Economic development is measured by health, education, life expectancy, literacy rates, etc&#8230; 
 
5.How can data help us to better understand LDC&#8217;s while developing more effective strategies to improve their development? 
 
Data can help see which are of the economy a LDC is having the most problems with. For example, an LDC may have a very high literacy rate; however, the life expectancy is very short. This might indicate that the country has a good education system, but lacks good health care. 
 
6.What are obstacles that stand in the way of development? 
 
A lot of times LDCs are very reliant upon trade of primary goods to developed countries. The prices of primary goods are constantly decreasing, earning the LDCs less money, as well as the fact that a sudden economic crash could cause the demand of primary goods to significantly drop, crippling the LDC&#8217;s economy. 
 </description>
		<content:encoded><![CDATA[<p>1.What is human development and what factors contribute to this development? </p>
<p>Human development is the growth of a person&rsquo;s choices in life. It is the ability for humans to make choices that impact their lives. The factors that contribute to it are the general health and life expectancy of the people, political freedom and equality, and general knowledge and education. </p>
<p>2.What does it mean to have an improvement in the standard of living? </p>
<p>The standard of living is made up of many things. An improvement would mean that equality has increased, as well as education, housing, food quality, and overall quality and choice in goods. </p>
<p>3.What is the difference between economic growth and development? </p>
<p>Economic growth spokes mostly to a rise in GDP of a country, while economic development speaks more to the standard of living of its consumers.  </p>
<p>4.What indicators are used to measure the economic development of nations? </p>
<p>Economic development is measured by health, education, life expectancy, literacy rates, etc&hellip; </p>
<p>5.How can data help us to better understand LDC&rsquo;s while developing more effective strategies to improve their development? </p>
<p>Data can help see which are of the economy a LDC is having the most problems with. For example, an LDC may have a very high literacy rate; however, the life expectancy is very short. This might indicate that the country has a good education system, but lacks good health care. </p>
<p>6.What are obstacles that stand in the way of development? </p>
<p>A lot of times LDCs are very reliant upon trade of primary goods to developed countries. The prices of primary goods are constantly decreasing, earning the LDCs less money, as well as the fact that a sudden economic crash could cause the demand of primary goods to significantly drop, crippling the LDC&rsquo;s economy.</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-21457" src="http://welkerswikinomics.com/blog/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('21457', 'add', 'welkerswikinomics.com/blog/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-21457-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-21457" src="http://welkerswikinomics.com/blog/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('21457', 'subtract', 'welkerswikinomics.com/blog/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-21457-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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		<title>By: Russell</title>
		<link>http://welkerswikinomics.com/blog/2009/12/09/1419/comment-page-1/#comment-9674</link>
		<dc:creator>Russell</dc:creator>
		<pubDate>Thu, 24 Dec 2009 00:54:21 +0000</pubDate>
		<guid isPermaLink="false">http://welkerswikinomics.com/blog/2009/12/09/1419/#comment-9674</guid>
		<description>A great idea. I found the group assignment to be confusing to read.  
 
I&#039;m assuming the group structure is two people per PhotoStory presentation. One member of the group is an &quot;A&quot; (focus is on the Growth part of the text) while the other person is a &quot;B&quot; (focus is on the Development part of the text). 
 
&quot;A&quot; people read about Growth. &quot;B&quot; people read about Development. (After reading) They share their knowledge and discuss differences. 
 
The groups each plan their presentation - perhaps create a story board with the kinds of images they would show (if Internet is down, or students lack PhotoStory skills, this might be an acceptable alternative end to this part of the activity.) 
 
Armed with a plan, a deadline, and a shared vision, the two members search for the images they need. 
 
In another session, each group sits down to compose their photostory and do the music/voice production.  
 
10 images are required - no more than five minutes - leave the audience wanting more! 
 
Each pair presents their final work to the class. </description>
		<content:encoded><![CDATA[<p>A great idea. I found the group assignment to be confusing to read. </p>
<p>I&#039;m assuming the group structure is two people per PhotoStory presentation. One member of the group is an &quot;A&quot; (focus is on the Growth part of the text) while the other person is a &quot;B&quot; (focus is on the Development part of the text).</p>
<p>&quot;A&quot; people read about Growth. &quot;B&quot; people read about Development. (After reading) They share their knowledge and discuss differences.</p>
<p>The groups each plan their presentation &#8211; perhaps create a story board with the kinds of images they would show (if Internet is down, or students lack PhotoStory skills, this might be an acceptable alternative end to this part of the activity.)</p>
<p>Armed with a plan, a deadline, and a shared vision, the two members search for the images they need.</p>
<p>In another session, each group sits down to compose their photostory and do the music/voice production. </p>
<p>10 images are required &#8211; no more than five minutes &#8211; leave the audience wanting more!</p>
<p>Each pair presents their final work to the class.</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-9674" src="http://welkerswikinomics.com/blog/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('9674', 'add', 'welkerswikinomics.com/blog/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-9674-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-9674" src="http://welkerswikinomics.com/blog/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('9674', 'subtract', 'welkerswikinomics.com/blog/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-9674-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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