Practice Economic Systems and Development - 3.5 | Unit 3: Core Themes in Individuals and Societies | IB Board Grade 12 – Individuals and Societies
K12 Students

Academics

AI-Powered learning for Grades 8–12, aligned with major Indian and international curricula.

Academics
Professionals

Professional Courses

Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.

Professional Courses
Games

Interactive Games

Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.

games

3.5 - Economic Systems and Development

Enroll to start learning

You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take mock test.

Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is an economic system?

💡 Hint: Think about how societies manage goods.

Question 2

Easy

Name one type of economic system.

💡 Hint: Consider different ownership models.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What type of economic system is characterized by private ownership?

  • Socialism
  • Capitalism
  • Mixed Economy

💡 Hint: Think about who controls the businesses.

Question 2

True or False: The Human Development Index includes education, health, and income.

  • True
  • False

💡 Hint: Recall what HDI measures.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Analyze the effects of globalization on a specific developing country, discussing both benefits and challenges.

💡 Hint: Consider both economic and social perspectives.

Question 2

Discuss how barriers to development can be interrelated, providing examples.

💡 Hint: Look for cause and effect relationships.

Challenge and get performance evaluation