Economics 2281 · O Level · Living standards

Living standards — practice question

In Cairo, the capital of Egypt, almost one million residents are living in cramped and unhealthy homes. One cause of people lacking basic necessities, such as suitable housing, is unemployment. In 2019, almost 10% of Cairo’s workers had no job. By contrast, some other Cairo residents live in luxury, in homes worth more than $1 million. Many wealthy adults in Cairo were raised in wealthy families.
(a)[2]

Identify two basic necessities other than housing.

(b)[4]

Explain how frictional unemployment differs from cyclical unemployment.

(c)[6]

Analyse why the children of the rich tend to become rich adults.

(d)[8]

Discuss whether a government ought to give subsidies to families to spend on housing.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Food supplies

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI