African countries are forecast to see growth in their output. It is also predicted that Africa’s population will rise from 1.1 bn in 2017 to 4.2 bn by 2100, when Nigeria will make up one in twelve of the world’s births. Nigeria and South Africa are expected to have the largest increase in investment (spending on capital goods) over this period, together with a change in their gender distribution.
(a)[2]
Define the term gender distribution.
(b)[4]
Explain two advantages of a higher economic growth rate.
(c)[6]
Analyse the disadvantages of a population that is growing rapidly.
(d)[8]
Discuss whether a cut in the rate of interest will or will not raise investment.
Worked solution & mark scheme
This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Male-to-female ratio in a population” …