Thailands GDP in 2021 was $505.98 billion USD and the GDP per capital was $7233.40 USD. The

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Question:

Thailand’s GDP in 2021 was $505.98 billion USD and the GDP per capital was $7233.40 USD. The four developmental indicators being considered are the Human Capital Index (HCI), the inflation of consumer prices, life expectancy at birth, and the annual population growth. The Human Capital Index (HCI) was 0.6 on a scale of 0-6 in 2020. The inflation of consumer prices was 1.2% annually in 2021. The life expectancy at birth was 77 years in 2020. Finally, the annual population growth was 0.2% in 2021.

Mozambique’s GDP in 2021 was $16.1 billion USD and the GDP per capital was $500.40 USD. The four developmental indicators being considered are the Human Capital Index (HCI), the inflation of consumer prices, life expectancy at birth, and annual population growth. The Human Capital Index (HCI) was 0.4 on a scale of 0-1 in 2020. The inflation of consumer prices was 3.1% annually in 2020. The life expectancy at birth was 61 years in 2020. Finally, the annual population growth was 2.9% in 2021.

b) Analyze the data of Thailand by comparing them with Mozambique and try to identify the characteristic traits. Specify which of the two countries offers its residents the highest level of development. Explain. (6 points)

c) You have learned that some developing countries are categorized under different designations. How would you classify the Thailand and Mozambique you chose? (1 point)

Your answers to parts b) and c) should be approximately 300 words long.