Colombia’s population pyramid is taking on a new shape. Even so, the pattern of income distribution in this South American nation is not shifting very much. It has one of the world’s most unequal income distributions. Some Colombians are employed in the footwear industry, which makes shoes, sandals and boots. Footwear is produced in the private sector, yet Colombia has a mixed economic system.
(a)[2]
Define the term population pyramid.
(b)[4]
Explain two reasons why income may be distributed less evenly.
(c)[6]
Analyse the factors influencing whether demand for shoes is elastic or inelastic.
(d)[8]
Discuss whether a mixed economic system will benefit the people who live within that economy.
Worked solution & mark scheme
This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Age structure” …