6.1.1.3 - Socio-Economic Factors
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Practice Questions
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What are economic systems? Give an example.
💡 Hint: Think about how different countries manage their economies.
Define production in your own words.
💡 Hint: Consider what happens in factories.
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Interactive Quizzes
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What is an economic system?
💡 Hint: Focus on how different countries manage their economies.
True or False: All economic systems are the same.
💡 Hint: Think about examples like capitalism and socialism.
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Challenge Problems
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Evaluate the impact of a global trade agreement (like NAFTA) on local economies in both developed and developing countries.
💡 Hint: Consider various stakeholder perspectives.
Analyze how socio-economic factors in a specific country (e.g., poverty levels, educational access) impact its participation in global trade.
💡 Hint: Think about how education and skill levels affect employment.
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