Economics 2281 · O Level · Living standards

Living standards — practice question

The United Nations (UN) has established development targets for countries to meet by 2050. These targets are to: conserve natural resources; ensure education for all; end poverty everywhere; promote sustained economic growth.
(a)[2]

Identify two ways in which a government could conserve its country’s resources.

(b)[4]

Explain two external benefits that may result from education.

(c)[6]

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

(d)[8]

Discuss whether economic growth always leads to higher living standards.

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