Question
1)Using the same procedures described in the World Bank Research Steps document (https://kapextmediassl-a.akamaihd.net/business/BU204/2005C/BU204_Unit3_World_Bank_Research_Steps.pdf), choose two different countries than the countries chosen during the learning activity,
1)Using the same procedures described in the World Bank Research Steps document (https://kapextmediassl-a.akamaihd.net/business/BU204/2005C/BU204_Unit3_World_Bank_Research_Steps.pdf), choose two different countries than the countries chosen during the learning activity, and perform the same analysis, answering the questions below. Collect the data requested below from the World Bank for the year of 2000 and for the year of 2015. The World Bank data is available from the Purdue Center for Economic Education (https://krannert.purdue.edu/centers/pcee/economics-help/economic-data-sources.php).
a)Choose any two countries and for each country, download AND LIST the following data from the World Bank, in an Excel spreadsheet, for both the year ending 2000 and the year ending 2015:
i)Industry (including construction), value added
ii)GDP
iii)GDP per capita
iv)Population, total
v)Employment in agriculture (% of total employment) (modeled ILO estimate)
vi)Employment in industry (% of total employment) (modeled ILO estimate)
vii) Employment in services (% of total employment) (modeled ILO estimate)
viii)Employment to population ratio, over 15 years of age total percentage.
ix)Land area (sq. km)
b)Correctly calculate the percentage differences for each set of data, for each country between the year 2000 and the year 2015. Also, correctly calculate the percentage difference between your two countries for the year 2015 for each of the data elements.
c) Explain, in detail, WHY you think these values are different between the two countries and how long run economic growth operates differently between these two countries.
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