|Overview||What do you know about China? This video in our “China in Perspectives” series juxtaposes U.S. data with China data to gain a better understanding of China today. Take a look at the two biggest economies in the world in comparison to each other – do you know that the total land masses of the two countries are approximately equal but China has 4.4 times as many people? What strengths and disadvantages follow?
Think about the impacts of feeding and sustaining such a large population, especially when there are so many retired people in relation to the working population. This video puts in perspective a wealthy country like the U.S. and a developing country like China to show that what happens in each country can impact each other and the world. There is a companion video to this video in our China series, “If China were a Country with 100 People.“
00:06 Population & Labor Force
00:31 Income & Personal Spending
00:51 Water Withdraws & Electricity Consumption
01:16 Smartphone Users & E-commerce
01:32 Land Mass & Food Consumption
01:11 Annual Income & Wealth Distribution
02:11 What Does it Mean?
|Publish Date||October 29, 2021|
|Data Source||Population, total China, United States, 2020 data, The World BankLabor force, total – China, United States, 2020 data, The World Bank
China Population (2019 demographic by age and gender), Population Pyramid.net
US Population (2019 demographic by age and gender), Population Pyramid.net
Note:: Adjusted net national income complements gross national income (GNI) in assessing economic progress (Hamilton and Ley 2010) by providing a broader measure of national income that accounts for the depletion of natural resources. Adjusted net national income is calculated by subtracting from GNI a charge for the consumption of fixed capital (a calculation that yields net national income) and for the depletion of natural resources. The deduction for the depletion of natural resources, which covers net forest depletion, energy depletion, and mineral depletion, reflects the decline in asset values associated with the extraction and harvesting of natural resources. This is analogous to depreciation of fixed assets.
In global historic first, ecommerce in China will account for more than 50% of retail sales, by Ethan Cramer-Flood, Feb 10, 2021, Insider Intelligence
The Commonalities and Differences between Chinese and U.S. Agriculture, by Wendong Zhang, Agricultural Policy Review, Fall 2015. Center for Agricultural and Rural Development, Iowa State University
U.S. Education and Literacy, UNESCO (United Nations Educational Scientific and Cultural Organizations) Institute for Statistics
China Education and Literacy, UNESCO (United Nations Educational Scientific and Cultural Organizations) Institute for Statistics
Compulsory school attendance laws, minimum and maximum age limits for required free education, by state: 2017 – IES NCES (National Center for Education Statistics.
2016 The Human Capital Report, figure 14 on page 29 on STEM graduates, World Economic Forum
|For Teachers||Downloadable Lesson Guide|
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