Module 5 Project (Milestone 1)

Lesson 05.02

Name, location, geography 

1. Topographical Map

United States

Greece

Australia

 

2. Geographic features that impact production and trade.

United States 

  • Mountain ranges (Appalachian, Rocky)
  • Rivers (Mississippi, St. Johns)

Greece

  • Oceans (Aegean, Ionian)
  • Mountains (Voras, Zarkos)

Australia 

  • Deserts (Gibson, Great Victoria)
  • Oceans (Indian, South Pacific)
  • Great Barrier Reef

 

Economic System 

 

1.

United States - Mixed Economy

Greece - Market Economy

Australia - Market Economy

 

2.

United States - John Maynard Keynes (Capitalism protected by the government)

Greece - Adam Smith (Anti-government)

Australia - Adam Smith (Anti-government)

 

3.

United States - $14 trillion dollar deficit, recession, no money

Greece - debt crisis, inflation of currency, job unavailability

Australia - stable and competitive, consecutive growth since 1992

 

Lesson 05.03

 

Economic Indicators 

 

1. Current rate of unemployment

 

United States - 9.1%

Greece - 15%

Australia - 5.3%

 

2. Current rate of GDP per capita

 

United States - $47,184

Greece - $26,934

Australia - $42,131

 

3. Current EFW Index

 

United States - 7.6

Greece - 6.5

Australia - 8.0

 

4. Current balance of trade

 

United States - -44808.00

Greece - -2561.10

Australia - 1826.00

 

 

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