Economics – 1/17/03

I.  Bellwork

Ch17 – Enrichment Q&A 1-4

II. Objective:

Analyze the impact of transitional economies on the global economy in general and the American economy in particular.

III.  Turn in Textbooks

IV.  If you act inappropriately today, I will give you a zero and a detention for next semester.

V.  Classwork – Put everything (Classwork A & B) on one sheet of paper

A.  Pgs 472-477

• Using a Sequence Map – List and explain the 5 stages of Economic Development
• Using a Brace Map – List and explain the 8 obstacles to economic growth impacting developing nations.

B. India Rising: Video- Write answers on the same sheet you used for Classwork A.

1. What is happening to the demand of the middle class in India?
2. What is the downside to India’s new middle class?
3. How much of the population of India was middle class in 1980?
4. What is the estimated population of the middle class by 2025?
5. How much money does a middle class person make in India?
6. What is happening to the traditional occupations Indian’s once had?
7. Why have many Indian’s abandoned traditional market places?
8. What is happening to demand for cars?
9. What will happen to food as India’s middle class grows?
10. What building materials will increase in cost?
11. What problems does India continue to have?
12. What is the goal of the PPI?
13. How could America benefit from India’s growing middle class?

VI.   Final Exam Review Sheet

Economics F2012