Part B
Remember that GDP stands for gross domestic product. It is the total dollar value of the goods and services produced within a country in a year. Per capita GDP is this same total value, divided by the number of people in the country. Per capita GDP is a tool economists use to measure the economic health of a country. Another tool economists use to measure economic health is the industrial production growth rate. This is the percentage increase in mining, manufacturing, and construction from one year to the next.

Research facts about the economies of North Korea and Finland. Read the first paragraph under the "Economic overview" for each. Then, examine data for these categories: GDP (official exchange rate), GDP per capita, and the Industrial production growth rate. Write down the information you find. Then, research the types of economies each country has, as well as its main resources. You can use additional resources of your choosing to help obtain this information. Write this information in the space provided as well. In the next part of the activity, you will make some assumptions about the economies of North Korea and Finland, based on the information you have gathered.