1. Record:
Oil Production: less then 1 million barrels per day (.72 Million)
Oil Consumption: less then 1 million barrels per day (.70 Million)
2. Summarize: Write a short paragraph explaining the information you discovered and conclusions you can draw. How does this information help you develop a sense of place for the country -- living conditions, social development, use of land or other resources, etc.?
Argentina does not produce much oil in comparison to other countries. However, Argentina also does not consume as much oil as compared other countries. Argentina actually produces just about the same amount of oil as they consume, which is a realitively small amount. In relation to other energy sources Argentina also produces less electricity than the majority of other countries. However, just like the oil, the country also consumes less electicity than the majority of other countries and their consumption just about matches their production. These things lead to the assumption that Argentina is neither technologically advanced nor have the need for such energy sources as oil or electicity. This may be due to the fact that Argentina is well known for it's farming communities and great landscape, not for a big city with lots of cars. The also seem to be somewhat cautious of not spending more than they produce.
3. Contemplate:
Is it just the main cities that are the consumers of the oil and elecricty or do the rural residents partake in any of the consumption?
Do people mostly walk from place to place in Argentina? If so, what about long distances from rural life to the city?
Oil Production: less then 1 million barrels per day (.72 Million)
Oil Consumption: less then 1 million barrels per day (.70 Million)
2. Summarize: Write a short paragraph explaining the information you discovered and conclusions you can draw. How does this information help you develop a sense of place for the country -- living conditions, social development, use of land or other resources, etc.?
Argentina does not produce much oil in comparison to other countries. However, Argentina also does not consume as much oil as compared other countries. Argentina actually produces just about the same amount of oil as they consume, which is a realitively small amount. In relation to other energy sources Argentina also produces less electricity than the majority of other countries. However, just like the oil, the country also consumes less electicity than the majority of other countries and their consumption just about matches their production. These things lead to the assumption that Argentina is neither technologically advanced nor have the need for such energy sources as oil or electicity. This may be due to the fact that Argentina is well known for it's farming communities and great landscape, not for a big city with lots of cars. The also seem to be somewhat cautious of not spending more than they produce.
3. Contemplate:
Is it just the main cities that are the consumers of the oil and elecricty or do the rural residents partake in any of the consumption?
Do people mostly walk from place to place in Argentina? If so, what about long distances from rural life to the city?
· What will be produced with your countrty's resources?
A: Soybeans, lemons, sunflower seeds, other agriculture.
· How will these goods be produced?
A: By the workers farming and growing these foods.
· Who will use these goods? Will these goods be exported.
A: The consumers of these goods will be both Argentinians and foreigners. These are the major exports of Argentina.
Argentina has a mixed economy. The government doesn't have tight control over the import and exports of the country but when the country did go into a recession more policies were made and passed concerning trade.
The economy in Argentina, however, doesn't seem to be doing too well. The percentage of people under the poverty line comes in at 30%. Though it is still below half the population it still is much too high for the amount of people who are below what is considered impoverished.
The unemployment rate seems to be slightly better than the poverty percentage but numbers don’t mean much. The unemployment rate sets at 7.5% which is still not great. Argentina ranks 85 in unemployment rate among other countries. Which isn't fantastic of a ranking but it isn't terrible of a ranking either. Argentina seems to be so-so as far as their unemployment rate is concerned.
The way that labor is distributed in Argentina is that 5% work in agriculture, which is surprising because that seems to be where much of their exports and products come from, 23% in industry, and 72% in services. This shows that much of their labor is put into what are probably not the highest paying jobs as they serve others. This would also probably explain why there are so many below the poverty line. They aren't being employed in the forces that make the most money.
The GDP per capita for Argentina is $18,600 which is 75 in the world comparison.
A: Soybeans, lemons, sunflower seeds, other agriculture.
· How will these goods be produced?
A: By the workers farming and growing these foods.
· Who will use these goods? Will these goods be exported.
A: The consumers of these goods will be both Argentinians and foreigners. These are the major exports of Argentina.
Argentina has a mixed economy. The government doesn't have tight control over the import and exports of the country but when the country did go into a recession more policies were made and passed concerning trade.
The economy in Argentina, however, doesn't seem to be doing too well. The percentage of people under the poverty line comes in at 30%. Though it is still below half the population it still is much too high for the amount of people who are below what is considered impoverished.
The unemployment rate seems to be slightly better than the poverty percentage but numbers don’t mean much. The unemployment rate sets at 7.5% which is still not great. Argentina ranks 85 in unemployment rate among other countries. Which isn't fantastic of a ranking but it isn't terrible of a ranking either. Argentina seems to be so-so as far as their unemployment rate is concerned.
The way that labor is distributed in Argentina is that 5% work in agriculture, which is surprising because that seems to be where much of their exports and products come from, 23% in industry, and 72% in services. This shows that much of their labor is put into what are probably not the highest paying jobs as they serve others. This would also probably explain why there are so many below the poverty line. They aren't being employed in the forces that make the most money.
The GDP per capita for Argentina is $18,600 which is 75 in the world comparison.