Best economy
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The document compares various economic and quality of life metrics across four countries: Norway, Australia, Japan, and South Africa. It finds that Norway ranks highest on most measures, including GDP per capita, the Big Mac index, number of doctors per capita, life expectancy, infant mortality, and the Happiness Index. The conclusion is that when considering these factors, Norway has the best overall economy.
Best economy
- 1. Best Economies in DA WORLDDD!!!11 Alka, Sonny, Bryan, Hannah
- 2. Wealth (GDP per Capita)
- 3. Wealth (Use of Motor Vehicles)
- 4. Cost of Living ( Big Mac Index) + (Average Cost per Call) Normal Big Mac Price: $3.99 Normal Telephone Call Price: $0.03
- 5. Big Mac Index South Africa: $2.45 Japan: $3.84 Australia: $3.92 Norway: $7.20
- 6. Average cost per call Norway: $0.14 Australia: $0.11 Japan: $0.09 South Africa $0.09
- 7. Health Care (Doctors per thousand) 3.1 2.5 2 0.77
- 8. Health Care (Life Expectancy) 1. Japan 82.17 Years 2. Australia 81.72 Years 3. Norway 80.7 Years 4. South Africa 49.2 Years
- 9. Health Care (Infant Mortality per 1000 Births) 2.4 3.52 4.61 43.1
- 10. Happiness (Happiness Index) Norway - 8.1 Australia - 7.9 Japan - 6.8 South Africa - 4.9
- 11. Conclusion Using above four criteria as well as the HDI (human development index) we can conclude that Norway is the top economy. 1. Norway