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    Comparison of The Economies of The Four Countries

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    jay015
    This document compares economic and development parameters of four countries - North Korea, China, USA, and India. It finds that in terms of pure economic growth, China and India have higher GDP and growth rates than North Korea. USA has the highest GDP. In terms of development, USA and China perform better than North Korea and India on factors like population growth rate, birth/death rates, sex ratio, maternal and infant mortality rates, life expectancy, and literacy rates. The document concludes that while no system is perfect, democracies are better than dictatorships as they allow more individual choice and freedom of expression.

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    Comparison of The Economies of The Four Countries

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    jay015
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    This document compares economic and development parameters of four countries - North Korea, China, USA, and India. It finds that in terms of pure economic growth, China and India have higher GDP and growth rates than North Korea. USA has the highest GDP. In terms of development, USA and China perform better than North Korea and India on factors like population growth rate, birth/death rates, sex ratio, maternal and infant mortality rates, life expectancy, and literacy rates. The document concludes that while no system is perfect, democracies are better than dictatorships as they allow more individual choice and freedom of expression.

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    This document compares economic and development parameters of four countries - North Korea, China, USA, and India. It finds that in terms of pure economic growth, China and India have higher GDP and growth rates than North Korea. USA has the highest GDP. In terms of development, USA and China perform better than North Korea and India on factors like population growth rate, birth/death rates, sex ratio, maternal and infant mortality rates, life expectancy, and literacy rates. The document concludes that while no system is perfect, democracies are better than dictatorships as they allow more individual choice and freedom of expression.

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    Download as pptx, pdf, or txt
    9 views4 pages

    Comparison of The Economies of The Four Countries

    Uploaded by

    jay015
    This document compares economic and development parameters of four countries - North Korea, China, USA, and India. It finds that in terms of pure economic growth, China and India have higher GDP and growth rates than North Korea. USA has the highest GDP. In terms of development, USA and China perform better than North Korea and India on factors like population growth rate, birth/death rates, sex ratio, maternal and infant mortality rates, life expectancy, and literacy rates. The document concludes that while no system is perfect, democracies are better than dictatorships as they allow more individual choice and freedom of expression.

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    Comparison of the economies of the four countries

    Analyzing countries with democracy and dictatorship in terms of growth and human development parameters In the previous sections we have presented the two countries of both types and their various statistics. So firstly we will present how these countries are doing in terms of pure growth.

    Parameter GDP PPP

    North Korea $40 billion

    China

    USA

    India

    US$12.26 trillion US$16.24 trillion $4.716 trillion 7.7% 6.5% 2.8% 8.1% 3.2% 8.5%

    GDP growth rate 0.8% Unemployment rate NA

    Industrial production growth rate

    NA

    7.9%

    3.2%

    1.2%

    Budget +/Inflation rate

    -0.4% NA

    -1.7% 2.6%

    -6.8% 2.1%

    -5% 9.7%

    Analysis in terms of development parameters


    Parameter North Korea China Fairly Homogenous 0.46% 12.25/1000 7.31/1000 USA Diverse 0.9% 13.68/1000 8.39/1000 India Diverse 1.28% 20.24/1000 7.39/1000 Ethnic groups Homogenous Population growth rate Birth rate Death rate 0.535% 14.49/1000 9.15/1000

    Sex ratio
    MMR IMR Life expectancy at birth TFR

    0.94m/female
    81/1000 25.34/1000 69.51 yrs

    1.06m/female
    37deaths/1000 15.2/1000 74.99 yrs

    1.05m/female
    21deaths/1000 5.9/1000 78.62 yrs

    1.12m/female
    200deaths/1000 44.6/1000 67.48 yrs

    1.99born/woman

    1.55children/woman

    2.06children/woman

    2.55children/1000

    Health Exp Literacy rate

    2% of GDP 99%

    4.6% of GDP 95.1%

    17.9% of GDP 99%

    2.4% of GDP 62.8%

    Conclusion
    Thus we would say that between dictatorships and democracy, neither option is the most perfect one. As we mentioned before that in todays world we have a combination of two or more forms of government. However the most important term for an individual, including us, is choice. To be able to choose and voice out your opinion and beliefs is extremely crucial which democracies provide and dictatorships curb. As the most famous dictator of our time Adolf Hitler said, If you tell a big enough lie and tell it frequently enough, it will be believed. Thus according to our research we feel that democratic government are better suited than dictatorial government.

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