Practice National Strategies (4.1) - Development Economics - IB 10 Individuals & Societies

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8 questions

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5 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
2 questions · about 1 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What is microfinance?
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Think about small loans that help businesses start.
Question 2.
Name one benefit of investing in education.
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Education helps in gaining knowledge for better jobs.
3Question 3.
What is one function of microfinance?
- A. Allows individuals to save money
- B. Provides small loans
- C. Funds large corporations
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Consider what small amounts can do for individuals.
4Question 4.
True or False: Economic diversification involves focusing solely on agriculture.
- True
- False
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Think about the variety of industries a country can develop.
Question 5.
Propose an innovative microfinance model suitable for a rural community struggling with poverty. Detail your approach.
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Consider how technology and education can enhance traditional practices.
Question 6.
Suggest a comprehensive anti-corruption strategy for a developing country facing governance challenges.
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Think about how technology and community involvement can fight corruption.

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