Practice Skills Development - 4 | Economic Systems and Development | IB MYP Grade 11: Individuals and Societies
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does GDP stand for?

πŸ’‘ Hint: Think about what measures the economic performance of a country.

Question 2

Easy

What does the Gini Coefficient measure?

πŸ’‘ Hint: Consider what it tells us about income distribution.

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 does GDP measure?

  • Total exports
  • Total economic output
  • Income inequality

πŸ’‘ 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

πŸ’‘ Hint: Remember what the Gini tells us about social structure.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

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.

πŸ’‘ Hint: Think about the implications of a high Gini coefficient as well.

Question 2

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.

πŸ’‘ Hint: Consider what might happen to local industries and consumers under different policies.

Challenge and get performance evaluation