Measuring Economic Development: GDP and Living Standards

Comparing Economic Systems and Development

Updated 1 month ago · 1 view

Describe levels of economic development of various societies using indicators such as life expectancy, GDP, GDP per capita, and literacy.

Premium Lesson

Upgrade to unlock this lesson, practice questions, and your personal tutor.

This lesson is part of a track

Public learning track

Comparing Economic Systems and Development

6th Grade · Social Studies · TEKS

6 lessons

Goal

Compare how different societies organize production and distribution, contrast free enterprise, socialist, and communist economies, and use economic indicators to measure development.

6 lessons

0 of 6 done

How Different Societies Organize ProductionUp next
Comparing Free Enterprise, Socialist, and Communist EconomiesNot started yet
Benefits of the U.S. Free Enterprise SystemNot started yet
Ethics and a Functional Free Enterprise SystemNot started yet
Types of Industries: Agriculture, Retail, Manufacturing, and ServicesNot started yet
Measuring Economic Development: GDP and Living StandardsYou are here

View full track

Learning standards covered

113.18(b)(8)(B)Texas Essential Knowledge and Skills (TEKS) · Social-studies · 6th Grade

describe levels of economic development of various societies using indicators such as life expectancy, gross domestic product (GDP), GDP per capita, and literacy.