Free

Country Comparisons - Assignment Example

Comments (0) Cite this document
Summary
Of great significance are data on population, population growth rate, GDP and GDP growth rate. This paper is a comparison of these parameters from various countries and how they contribute to…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
Country Comparisons
Read TextPreview

Extract of sample "Country Comparisons"

Country Comparison Countries in the world use statistical information in planning for their subjects. Of great significance are data on population, population growth rate, GDP and GDP growth rate. This paper is a comparison of these parameters from various countries and how they contribute to differences in living standards.
Considering U.S.A and Japan, the population in the former is 313,232,032 while that of the latter is 126,475,664. The United States population grows at the rate of 0.96, while Japan’s population growth rate is -0.28 percent. To ascertain the economic position of a country, the GDP and GDP growth rate are examined. The GDP (purchasing power parity) of U.S.A in Billion $ is 14660 while that of Japan is 4310 in the same currency. These statistics are for the year 2008. Both countries are industrialized; however, Japan’s government seems to have a smaller population to plan for as compared to the U.S.A. The GDP growth rate of Japan is 3.9% and that of U.S.A is 2.8%. This may be due to the smaller population that Japan has to plan for (Indexmundi, 2011).
India is one of the most densely populated countries; however, with a population of 1,189,172,864, this is slightly lower than the population of China which stands at 1,336,717,952. India’s population grows at a higher rate 1.34 percent, as compared to China’s 0.49 percent. Still considering the two countries on the aspect of economy, India posts a GDP of 4,060 in Billion $, on the other hand, China has a GDP of 10, 090. However, both countries GDP grows at an almost similar rate with India having a GDP growth rate of 10.4% and China 10.3%. This is probably due to the two countries differences in GDP (Indexmundi, 2011).
Another country that is in focus is Saudi Arabia which has a population of 26,131,704 people. This population grows at the rate of 1.54 percent which is the highest compared to that of the United States, Japan, China and India. The GDP of Saudi Arabia in the year 2008 was 622 Billion $, signifying a growth rate of 3.7 percent (Indexmundi, 2011).
Mexico, a country neighboring the United States has a population of 113,724,224 which grows at the rate of 1.1 percent. Looking at the economy of the country, it has a Gross Domestic Product of 1,567 in Billion Dollars; the countries’ economy grows at the rate of 5.5 percent, which is the highest of all the countries discussed (Indexmundi, 2011).
Despite the fact that Japan has a lower GDP compared to the United States, its economy is growing at a faster rate than the United States, with 3.9 percent as compared to United States 2.8 percent. This is probably due to the population growth rate of Japan which has a negative growth. Thus, the government can plan for the citizens better hence the faster economic growth. This is the reason why people in Japan have better living standards with most of them having formal employment.
This is the state of most countries in the world, the population of a country determines its rate of economic growth, despite the fact that a country may have many resources, it would be hard for the government to distribute this resources to its subjects hence a stagnant or slow economic growth. Therefore, a country like Mexico may not have a high GDP, but its GDP growth rate is high because the population of the country grows at a very slow rate 1.1 percent.
Countries may register almost the same rate of GDP growth rate even when they have distinctly varying GDP’s. This is all attributed to differences in the growth rate of the population as well as the size of the population that is being planned for.
Conclusively, different countries probably have varying degrees of economic growth rate because of factors such as the GDP that they have, the size of the population and the population growth rate. This then affect the living conditions of people in different countries.
Reference
Indexmundi (2011). Country Comparison: Demographics. Retrieved on 19th April 2012 from http://www.indexmundi.com/g/r.aspx?t=0&v=24&l=en Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Country Comparisons Assignment Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1594205-country-comparisons
(Country Comparisons Assignment Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/miscellaneous/1594205-country-comparisons.
“Country Comparisons Assignment Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1594205-country-comparisons.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Country Comparisons

Cellular Network Comparisons

... Cellular Networks Comparison Comparison of the network architecture of UMTS, EV-DO, LTE, WiMax, and Satellite A cellular network is a wireless set-up spread over geographical areas called cells, all working closely with at least one permanent site transceiver also called a base station or cell site. When base station or cell sites are linked together they make available radio coverage on an extensive geographic space. Thus permits an enormous amount of portable transceivers like pagers, mobile phones and much more to converse with one another as well as with static transceivers plus handsets whichever in the network, through base stations, while numerous transceivers are passing over one cell through broadcast (Sesia 22)1. Some... The...
4 Pages(1000 words)Essay

Compensation Comparisons

...Compensation Comparison Among the several hundreds of jobs posted in Monster.ca, I have chosen the following five jobs Accountant III – Responsibilities includes the completion and maintenance of the organization’s general ledgers and financial reports (Monster.ca). 2. Financial Analyst I – The responsibilities of this function include the analyzing financial projects and conducting statistical studies. 3. Bookkeeper – This employee is tasked with the recording and maintenance of the entity’s business transactions. 4. Accounts Payable Clerk – The responsibilities of this job includes clerical duties as needed by the Accounts Payable Department to function. These include tracking and verifying invoices. 5. Internal Auditor...
2 Pages(500 words)Assignment

Comparisons & Careers

...Quality Improvement Plan The essay aims to address a two-fold objective to wit to compare one other countrys health data to that of the United States using the World Health Organizations health data; and (2) to select, describe, and rationalize one position that is listed on the Global Health Councils Job Board that interests you. Global Health – Comparisons and Careers The global context for public health has transitioned over the past centuries. Public health prospects depend greatly on trends in global environmental conditions, increasing population, and in pressures of economic activity. May it be global or local, public health aims to prevent disease, promote population health, and prolong life...
2 Pages(500 words)Essay

:Nationalized Models & Country Comparisons Chart

...by the government while highly specialized health care systems are provided by the private heath care providers. The public sector, which is funded by the government, is under resourced since there are no adequate health care facilities to cater for the population. The government spends 40 percent of its expenditure on health care services. The private sector and their health care systems are designed for the middle class as well as the high income earners. The two systems of health care are inaccessible to most South Africans (Haan, Dennhill and Vasuthevan, 2005). Similarities There are several citizens in both countries that are uninsured. According to the US Census Bureau, about 46.3 million Americans do not have...
2 Pages(500 words)Essay

GDP Comparisons

...Inserts His/her Inserts Inserts Grade (31, 01, GDP Comparisons The GDP of all 22 countries of the Arab League including West Bank and Gaza Strip is around $2.309 trillion for the year 2011(CIA fact book, 2013). The country with the highest GDP is Saudi Arabia with $587 billion. As compared to the countries of Arab League the GDP of Italy is $2.164 trillion, the GDP of France is $2.734 trillion, GDP of Germany is $3.55 trillion, GDP of United States $14.83 trillion, and GDP of Japan is $5.773 trillion for the year 2011 (CIA Fact book, 2013). Except Italy, all the countries mentioned above have a GDP that is greater than the combined GDP of all Arab...
1 Pages(250 words)Essay

Price Comparisons

...Price Comparisons Insert Insert The table for online retailers price comparison Item ONLINE RETAILER Overstock.com Target.com Amazon.com Macys.com Comfort dreams bed $359.99 $109.99 $256.82 $302.99 Men’s tungsten carbide $38.69 $161.50 $97.87 $142.99 Geneva platinum women $26.09 $24.99 $38.22 $28.99 German reversible cotton plush $39.99 $25.99 $36.08 $28.99 Serta 4- inch memory foam $174.99 $289.99 $218.99 $302.09 Ray-Ban unisex RB2132 $100.99 $100.99 $108.99 $122.05 MyBat Apple iPhone 4S/4 Hybrid $7.50 $29.99 $18.99 $11.99 Table 1.0: The table showing price comparison among overstock.com and other online retailers In an online store, each model is already at display. This cuts cost of...
1 Pages(250 words)Term Paper

EBusiness Company Comparisons

...QUESTION Expedia and Price Line: These utilise the brokerage search agent model. s are allowed to search for the available best price of products. However, Priceline also uses the demand collection system, where customers can name their best prices. These companies can also make profits by allowing other companies to advertise on their sites (Rappa, 2010). Amazon and EBay: These have adopted the virtual marketplace brokerage Model. These have developed an online marketplace that increases the level of customer participation. Through such online platforms, customers experience great levels of flexibility and choice, which translates into increased profits for the companies. Commissions are also earned when users visit company sites...
1 Pages(250 words)Assignment

Ethnographic comparisons

...ETHNOGRAPHIC COMPARISONS Differences among people within any given nation or culture are much greater than differences between groups. Religion, personality, social standing, education, belief structure, past experience, affection shown at home, and many of other factors will affect human behavior and culture. There are cultural and ideological differences and it is good to have an understanding about a culture’s customs and ways. Perhaps one of the most fascinating cultures worldwide is the Mexican culture, which is composed of a mixture of strong indigenous legends, creative expressions and other elements that makes it unique. However, this is not in sharp contrast to the Japanese cultural practices (Fischer,et...
4 Pages(1000 words)Research Paper

Case Study Comparisons

...Healthcare Plan Introduction Choosing a healthcare plan can at times be tasking given the wide range of insurance plans available to select from. For instance, choosing a HMO plans means one is restricted from seeking health advice from a second source apart from the primary provider. However, it has the advantage of being fast and efficient as little paperwork is involved, hence less expensive (Shilling, 2015). While PPO plans may appear ideal due to their flexibility, the covered individual tends to incur increased copays in the event that one goes outside the primary network. The paper also analyzes the importance of CDHPs and how they help the insured understand and use information regarding costs as presented by the Institute...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Country Comparisons for FREE!

Contact Us