Economics 0455 · IGCSE · Living standards

Living standards — practice question

The United Nations (UN) has outlined development goals for countries to reach by 2050. These goals are to: • conserve natural resources • provide education for everyone • eliminate poverty everywhere • encourage sustained economic growth
(a)[2]

Identify two methods a government could use to conserve its country’s resources.

(b)[4]

Explain two external benefits that can result from education.

(c)[6]

Analyse the ways in which a lower rate of interest could reduce poverty.

(d)[8]

Discuss whether economic growth always raises living standards.

Worked solution & mark scheme

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