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Mex cuba brazil economies

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Mex cuba brazil economies

  1. 1. Mexico, Brazil, & Cuba Unit 8/9 Notes
  2. 2. *The price of 1 country’s currency compared to another… *1 US dollar = 11 Mexican pesos *1 US dollar = 1.8 Brazilian reals *1 US dollar = .92 Cuban pesos
  3. 3. *What to Produce? *Businesses decide and government approves/denies it *How to produce it? *Businesses decide & government regulates procedures *For whom to produce? *Businesses decide based on supply & demand (price) *Which economic system does Mexico have?…
  4. 4. *Mexico has a Mixed economic system, that is closer to market than command.
  5. 5. *What’s available? *petroleum, silver, copper, gold, lead, zinc, natural gas, timber
  6. 6. *What percentage of the land is arable (capable of being farmed)? *12.66%
  7. 7. *What’s being produced in the factories? *food and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables, *Tourism is also a major industry in Mexico.
  8. 8. *What percentage of people over the age of 15 can read and write? *91% *How long are students required to stay in school? *13 years
  9. 9. *What percentage of people do not have jobs? *4.1% (however, only 61.1% of people working age have a job) *What percentage of people live in poverty? *18.5%
  10. 10. *$1.578 trillion (2008) *GDP Per Capita--What is the value of goods and services produced per person? *$14,400 (2008)
  11. 11. *What to Produce? *Businesses decide and government approves/denies it *How to produce it? *Businesses decide & government regulates procedures *For whom to produce? *Businesses decide based on supply & demand (price) *Which economic system does Brazil have?…
  12. 12. *Brazil has a Mixed economic system
  13. 13. *What’s available? *bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, timber
  14. 14. *What percentage of the land is arable (capable of being farmed)? *6.9%
  15. 15. *What’s being produced in the factories? *textiles, shoes, chemicals, cement, lumber, iron ore, tin, steel, aircraft, motor vehicles and parts, other machinery and equipment
  16. 16. *What percentage of people over the age of 15 can read and write? *88.6% *How long are students required to stay in school? *14 years
  17. 17. *What percentage of people do not have jobs? *8% *What percentage of people live in poverty? *22%
  18. 18. *$2.03 trillion (2008) *GDP Per Capita--What is the value of goods and services produced per person? *$10,300 (2007)
  19. 19. *What to Produce? *Government makes all economic decisions *How to produce it? *Government decides how to make goods/services *For whom to produce? *Whoever the government decides to give them to *Which economic system does Cuba have?…
  20. 20. *Cuba has a Command economic system
  21. 21. *What’s available? *cobalt, nickel, iron ore, chromium, copper, salt, timber, silica, petroleum, arable land
  22. 22. *What percentage of the land is arable (capable of being farmed)? *27.63%
  23. 23. *What’s being produced in the factories? *sugar, petroleum, tobacco, construction, nickel, steel, cement, agricultural machinery, pharmaceuticals
  24. 24. *What percentage of people over the age of 15 can read and write? *99.8% *How long are students required to stay in school? *16 years
  25. 25. *What percentage of people do not have jobs? *1.8%
  26. 26. *$144.6 billion (2008) *GDP Per Capita--What is the value of goods and services produced per person? *$12,700 (2008)

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