Practice Subsidies And Support Schemes (4.3) - Macroeconomics - IB 10 Individuals & Societies - Economics
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Subsidies and Support Schemes

Practice - Subsidies and Support Schemes

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is a subsidy?

💡 Hint: Think about what government support can help improve.

Question 2 Easy

Name a type of support scheme.

💡 Hint: What are some incentives the government can give to help businesses?

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the primary purpose of subsidies?

To increase taxes
To provide financial assistance to specific sectors
To reduce government spending

💡 Hint: Think of the definition of subsidies.

Question 2

True or False: Support schemes can only be direct cash payments.

True
False

💡 Hint: Consider different types of government support.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Analyze a real-world example of a subsidy program. What was its goal, and how effective was it in achieving that goal?

💡 Hint: Look for government reports or news articles discussing the effects of the subsidy.

Challenge 2 Hard

Design a hypothetical support scheme aimed at reducing economic inequality. What features would it include?

💡 Hint: Think about the sectors of society that need the most help and how to effectively provide it.

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