Economics 9708 · AS & A Level · Unemployment

Unemployment — practice question

(a)[3]

Explain briefly the meaning of economic growth.

(b)[5]

Explain the possible connection between developed and developing countries in achieving growth.

(c)[5]

Analyse whether Fig. 1 supports the claim that ‘almost half of the world’s population still lives in poverty on less than US$2 a day’.

(d)[7]

The extract ends with the claim that ‘there is a weakness in the argument that economic growth is a solution to poverty’. Discuss whether this is a valid conclusion from the evidence provided.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: An increase in real GDP or in national income, with a brief comment on productive capacity. The difference between actual growth and potential growth may also be mentioned.

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