Country Economic Analysis What I want you to do is look at what drives an economy. In chapters 8,9,10 we will look at issues that impact the economy. These are some of the issues but use only the issues that impact your economy. (2 to 4 issues)1) GDP growth or lack of growth2) GDP per capita3) Labor participation rate in your country – going up or down4) Disposable Income5) Unemployment rate – increasing or decreasing and the % change – example – from 3% to 20%.6) Types of unemployment7) Job creation?38) Inflation – high or low?9) Inflation impact on the economy?10) Economic growth rate – high or low11) Where in the business cycle is this country’s economy?12) Type of government – impact on the economy – stable or unstable government impacts the economy13) Is the country a former colony? (delayed economic development)14) Size of country – natural resources – climate of the country15) Internal conflicts, war, social unrest, religious conflicts16) Lack of natural resources that hurts development17) Education level of men and women. Are women in the economy?This is a long list, but not complete. You will need to research a country and see what is happening.Use any format you want, just make sure your name, source list and the name of the country is on the paper.So, if you choose a country that is very strong, tell me the country is doing well and why. The format can be short paragraphs, bullet format, or any format you want to use. Look at trends – maybe 5 years. Avoid 2020, as all economics are impacted by Covid 19.Length – 2 pages (1000 words or less). Keep the information to the point. Do not pad the analysis by telling me why you picked this country. (I like Switzerland because the citizens like to drink hot chocolate and I like hot chocolate.) Try to write the short analysis in Word or even Excel.