PROSPERITY

PROSPERITY

QR-CODE - SCAN ME

Take your Smartphone and scan this QR code
Take your Smartphone and scan this QR code
Take your smartphone and scan this QR-code
Take your smartphone and scan this QR-code

Learning Goals - Level 3th Grade, High School VWO

1. You can explain the difference between prosperity in a narrow and a broad sense.

 

2. You can explain that prosperity in a narrow sense is measured bij the GDP 

 

3. You can list the four factors of production 

 

4. You can name the four sectors of production and give examples. 

PROSPERITY, Mini Lesson for TTO

Prosperity

PowerPoint Prosperity

PowerPoint Mindmap Prosperity

Prosperity, only money or more?

Prosperity is how well you are able to fulfill your needs with the available and scarce means.

Scarce means like money and time, are used to fulfill your needs.

You must take choices how to allocate your means.

Therefore, prosperity is more than money.

You also have to make choices about how to spend your time: on sports or on visiting friends?

 

 

Prosperity in a narrow sense

Prosperity in a narrow sense is prosperity expressed in money, your purchasing power.

Prosperity in a broad sense

Prosperity in a broad sense covers besides money needs that can not be expressed in money, like health or environment.

Prosperity in a narrow sense is part of prosperity in a broad sense.

Resources are not infinite!

 

Finite Planet

The term finite planet is used to indicate the limitation of our resources on the planet.

Finite means are limited.

The planet we reside on has several resources. But we have to keep this in mind. They are not infinite

How do we measure prosperity?

Measuring prosperity in a broad sense is difficult.

How do we measure happiness? How do we measure the appreciation of the environment?

 

Prosperity in a narrow sense is easy to measure.

We can measure the:

 

Gross domestic product (GDP)

The gross domestic product is the volume of total production of all companies and government authorities in a country.

The GDP indicates how much is produced in a country and therefore is a

benchmark of prosperity (in a narrow sense).

We say there is economic growth when the GDP increases.

That means that the economy grows when thet country’s total production increases.

 

 

Factors of production

Factors of production are the resources available to a country to produce.

By combining these factors in production processes we add value.

The are four factors of production:

1. Capital

2. Labour

3. Nature

4. Entrepeneurship

 

 

Factors of production
Factors of production

Examples of Factors of production

  1. Capital: machinery, buildings,tools and other devices. (Capital goods)
     
  2. Labour: employees
     
  3. Nature: land, trees, all things we extract from nature without adjusting them
     
  4. Entrepreneurship: the entrepreneur combines all production factors and uses them in the most optimal way

Online Language Support

Glossary

Prosperity in a narrow sense

A country’s prosperity, expressed in money.

Prosperity in a broad sense

A country’s prosperity expressed in money and immaterial needs, like a good environment or a good health.

Gross Domestic Product (GDP)

The volume of total production of all companies and government authorities in a country.

Economic growth

An increase of GDP in a country.

Factors of production 

Resources needed for production (capital,labour,nature and entrepreneurship).

Production sectors 

Dividing the economy in four sectors.

Horticultural company

Horticulture is the cultivation of plants in gardens or greenhouses

Where are products and services produced?

Domestic products and services are produced by all kind of companies.

You can divide the domestic production in four production sectors.

 

 

The four production factors

 
Sector What kind of production? Example
Primary or agricultural sector Agriculture or fishing Horticultural company
Secundary or industrial sector Industry and construction Printing company
Tertiary or commercial services sector Trade, services Store, real estate broker
Quarternary or non-commercial services sector Non-profit companies Hospital, school

 

 

 

 

Question Time

  • Het arrangement PROSPERITY is gemaakt met Wikiwijs van Kennisnet. Wikiwijs is hét onderwijsplatform waar je leermiddelen zoekt, maakt en deelt.

    Auteur
    Paul Groosman
    Laatst gewijzigd
    24-01-2024 14:28:36
    Licentie

    Dit lesmateriaal is gepubliceerd onder de Creative Commons Naamsvermelding 4.0 Internationale licentie. Dit houdt in dat je onder de voorwaarde van naamsvermelding vrij bent om:

    • het werk te delen - te kopiëren, te verspreiden en door te geven via elk medium of bestandsformaat
    • het werk te bewerken - te remixen, te veranderen en afgeleide werken te maken
    • voor alle doeleinden, inclusief commerciële doeleinden.

    Meer informatie over de CC Naamsvermelding 4.0 Internationale licentie.

    Aanvullende informatie over dit lesmateriaal

    Van dit lesmateriaal is de volgende aanvullende informatie beschikbaar:

    Toelichting
    10 Minutes Lesson
    Leerniveau
    VWO 3;
    Eindgebruiker
    leerling/student
    Moeilijkheidsgraad
    gemiddeld

    Bronnen

    Bron Type
    Prosperity
    https://www.youtube.com/watch?v=lE9j87ERNxU     		Link
    https://www.youtube.com/watch?v=lE9j87ERNxU
    https://www.youtube.com/watch?v=lE9j87ERNxU     		Video
    PowerPoint Mindmap Prosperity
    https://hrnl-my.sharepoint.com/:p:/g/personal/0981170_hr_nl/EZF7EaonypFKoZKaqFXk9h0BvtNfCZdxFaIwfsPNQJSdKQ?e=CmJKV5     		Link
    https://academy.europa.eu/courses/discover-the-english-language-with-online-language-support/view?title=discover-the-english-language-with-online-language-support
    https://academy.europa.eu/courses/discover-the-english-language-with-online-language-support/view?title=discover-the-english-language-with-online-language-support     		Video

  • Downloaden

    Het volledige arrangement is in de onderstaande formaten te downloaden.

    Metadata

    LTI

    Leeromgevingen die gebruik maken van LTI kunnen Wikiwijs arrangementen en toetsen afspelen en resultaten terugkoppelen. Hiervoor moet de leeromgeving wel bij Wikiwijs aangemeld zijn. Wil je gebruik maken van de LTI koppeling? Meld je aan via info@wikiwijs.nl met het verzoek om een LTI koppeling aan te gaan.

    Maak je al gebruik van LTI? Gebruik dan de onderstaande Launch URL’s.

    Arrangement

    IMSCC package

    Wil je de Launch URL’s niet los kopiëren, maar in één keer downloaden? Download dan de IMSCC package.

    Voor developers

    Wikiwijs lesmateriaal kan worden gebruikt in een externe leeromgeving. Er kunnen koppelingen worden gemaakt en het lesmateriaal kan op verschillende manieren worden geëxporteerd. Meer informatie hierover kun je vinden op onze Developers Wiki.

  • Wikiwijs is een dienst van