Australia’s economic growth rate has declined in recent years. Its Human Development Index (HDI), however, is high, and in 2016 Australia had the second highest HDI in the world. The Australian government hopes that the country’s birth rate will increase from a low of 12.1 in 2016. A rising share of Australian children attend private sector schools. Their parents must pay a fee for them to go to these schools.
(a)[2]
Identify how economic growth differs from recession.
(b)[4]
Explain how the HDI is used to compare living standards across countries.
(c)[6]
Analyse the effects of a rise in a country’s birth rate.
(d)[8]
Discuss whether or not parents should be required to pay a fee to send their children to school.
Worked solution & mark scheme
This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Economic growth means an increase in GDP/output” …