Differences and similarities between Australia and one developing country. (1 Viewer)

[Zuroy]

"Describe the differences and similarities between Australia and one developing country in trying to solve the economic problem."

What are the main points I should write on considering I am only given 45 minutes in-class time to write this. The country I am considering is India as there seems to be a lot of resources with information on India.

Main points to compare:
- GDP, PPP
- Unemployment rate
- Government roles
- Economic growth
- Quality of life (Health care)
- Education (literacy rates)
- Social welfare payment

Are there any other important points I should discuss?
And are there any up there that are not very important.

Thanks

 

[b00m]

According to the Prelim syllabus:

Economies: their similarities and differences
• examine similarities and differences between Australia and at least one other
economy in relation to:
– economic growth
– employment and unemployment
– quality of life
– environmental quality
– the role of government in health care, education and welfare payments.

Type of economy; market or planned economy..