ECONOMICS World Geography Seventh Grade

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ECONOMICSWorld GeographySeventh Grade
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ECONOMICS

• Content WORLD GEOGRAPHY
• Grade Level SEVENTH GRADE
• Creator CYNTHIA GODWIN
• CURRICULUM OBJECTIVE Knowledge of economic terms
• MAP Standard 4
• IBD Apply knowledge of economic concept of Gross
  Domestic Product
• TEACHER NOTE After the last page, the groups
  should choose a method to present their
  conclusion. Choices could include a graphic
  organizer, an oral presentation, or a written
  report.

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Why is it gross?

• gross domestic productn. Abbr. GDP
• The total market value of all the goods and
  services produced within the borders of a nation
  during a specified period.

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G.D.P. OF U.S.A.

• Ranking 1
• 10,416,818
• (in US dollars)
• World Rankings found in
• World Bank Group - Data and Statistics

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G.D.P. of MEXICO

• Ranking 10
• 637,205
• (in US dollars)

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ANALYSIS

• With your group, prepare a reasonable explanation
  to infer why there is such a difference between
  Mexico and the United States.