In 2015, the world experienced numerous shifts in demand alongside progress in technology. New methods of transferring money were being used, and the number of stock exchanges increased. In some countries, governments also increased the school-leaving age, meaning the lowest age at which children are legally permitted to leave school.
(a)[2]
Which securities are bought and sold on a stock exchange?
(b)[4]
Explain how money promotes specialisation and facilitates trade.
(c)[6]
Analyse how technological progress can influence demand and supply.
(d)[8]
Discuss the economic case for and against a government increasing the school-leaving age.
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