E18 - Lesson 7– How Our Country Compares to the Rest of the World

Q.1
Which of the following are not one of the three keys points that students are asked to take away from Lesson 7?

Q.2
In the year 2014, the five largest economies in the world in terms of their Gross National Income were the United States, China, India, Japan & Germany. What were the world’s five largest economies in 1986?

Q.3
In 2002 the World Bank set forth its prescription for how “people (can) rise from poverty when they act on two pillars of development. What were those two pillars of development?

Q.4
In the year 2000, 41% of the world’s population lived in countries that the World Bank classified as “Low Income Countries”. What percentage of the world’s population lived in “Low Income Countries” in 2014?

Q.5
For the 20 years prior to 2011, the Chinese economy grew at more than 10% per year. Since then the growth rate of its economy has decreased to about 7.5%. As noted in Lesson 7, how does this recent annual growth rate compare to the growth rate of the high income countries of the world?