Why is the absence of a welfare system considered a barrier to long-term household investment?
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Practise MYP Individuals & Societies questions on 11.3 Development Barriers and review the explanations to check your understanding.
Use these questions for topic practice and to find ideas you want to revisit in your notes or lessons.
Why is the absence of a welfare system considered a barrier to long-term household investment?
Why is low tax revenue considered a reinforcement of the cycle of underdevelopment?
Why does the text suggest that development solutions require a mix of market-based and interventionist approaches?
How does a country's dependence on a narrow range of raw materials for export earnings act as a specific economic barrier?
Based on the cocoa example in the text, why does Ghana earn significantly less from the chocolate industry than Switzerland?
It forces families to pay higher taxes to the central government
It makes it impossible for the government to track population growth
It makes households more vulnerable to shocks like illness, making risks like education feel too dangerous
It prevents families from moving to cities to find work
It forces governments to lower the prices of exported goods
It encourages people to move from the informal sector to the formal sector
It makes it easier for international banks to provide low-interest loans
It prevents the government from funding essential services like clinics and roads
Because barriers are interlocking systems that require both private enterprise and public investment
Because interventionist approaches are the only way to increase literacy rates
Because market-based approaches only work for infrastructure projects
Because the UN requires all countries to follow a specific economic formula
It makes it easier to process finished goods locally
It automatically increases the literacy rate of the workforce
It leads to an oversupply of foreign investment capital
It limits the foreign currency inflows needed to import essential machinery
Ghana lacks the reliable infrastructure and factories to add value to raw beans
Ghanaian cocoa is considered a lower-grade raw material
European countries have placed high tariffs on all Ghanaian imports
International law prevents developing countries from manufacturing finished goods