Case Study – Economic Growth
Create a powerpoint presentation 3 Slides of your chosen’s country’s economic growth (would like Brazil, but free to choose) focusing on the questions below and any other factors that are necessary to fully explain the unique economy you have chosen (government intervention etc.)
Choose a country that you are interested in. Study their economic growth over the past 3 decades from the 1990s to now.
Slide 1:Investigate the reasons for their economic growth (Hint: factors of production).
The Rate of the Growth
Slide 2:Identify any interruptions or setbacks in their growth and the causes and effects of such set-backs/downturns. You may note that the majority of European countries and more were badly affected by the 2008 financial crisis.
Slide 3:Investigate any periods of very high inflation and compare the employment rates for that period. What caused the inflation? Was there an environmental or political factor that caused supply shock at any point?
Hint: Countries like South Korea, Ireland, Australia, Brazil, Nigeria are good options to study.
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