Practice Skills Development (4) - Economic Systems and Development - IB 11 Individuals and Societies
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Skills Development

Practice - Skills Development

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What does GDP stand for?

💡 Hint: Think about what measures the economic performance of a country.

Question 2 Easy

What does the Gini Coefficient measure?

💡 Hint: Consider what it tells us about income distribution.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does GDP measure?

Total exports
Total economic output
Income inequality

💡 Hint: Think about what indicators are used to gauge a nation's wealth.

Question 2

True or False: The Gini Coefficient can indicate the level of income inequality.

True
False

💡 Hint: Remember what the Gini tells us about social structure.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Given the GDP, HDI, and Gini coefficients of two countries, analyze the economic health and social well-being of each country and suggest targeted policies based on your findings.

💡 Hint: Think about the implications of a high Gini coefficient as well.

Challenge 2 Hard

Imagine you are an economic advisor. Analyze a country with a strictly protectionist trade policy and present an argument for or against trade liberalization, based on potential effects on growth and inequality.

💡 Hint: Consider what might happen to local industries and consumers under different policies.

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