ShmoopTube

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finance a la shmoop. what does per-capita mean? well there's poor capita yeah this

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guy, how would you like to be named capita and then there's per capita which [man sits under a tree]

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just means well technically per head. yep comes from Latin like oh so many

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things salsa dressing and dancing among others, the word decapitation comes to [dancing feet]

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mind. like what happens when those flying human taxi drones get too far to the

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left or when King Henry got tired of a wife. so if that happened often it had [helicopter prop]

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throw off the per capita calculations. and same deal if we suddenly had a lot

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of two-headed people being born like the aliens in men in black and whole bunch

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other Hollywood movies. per capita is a useful metric in a bunch of financial

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calculations. a common set is GDP or gross domestic product per capita .like

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if you have a ton of GDP say ten trillion dollars from your country [100 dollar bill]

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whateverstan, if you only have a million people that's a ton of production

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productivity. but if you're say China with well over a billion people well

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then it's a much lower GDP per capita. the calculations get quoted when talking

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about things like cell phone monthly subscriptions, computer ownership or [people crowd around a cell phone]

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particularly rollicking house parties. so yeah the notion of per capita is pretty

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important but don't stress if you're not an expert yet. it's a nothing to lose

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your head over. [man carries head]

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