In the Maldives case study, why is the heavy consumption of fresh water by luxury resorts considered an environmental and economic challenge?
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Practise MYP Individuals & Societies questions on 11.4 Development Strategies 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.
In the Maldives case study, why is the heavy consumption of fresh water by luxury resorts considered an environmental and economic challenge?
Which of the following is a characteristic strategy of a market-based development approach?
Market-based approaches often aim to improve incentives for firms and workers by __________.
Which of the following is identified in the textbook as a specific benefit for consumers that is often associated with market-based development strategies?
True or False: The text suggests that the choice of development strategy is critical because economic growth does not always result in improved health or education outcomes.
It prevents the development of artificial islands like Thilafushi
It causes the country to rely solely on imported bottled water
It leads to an oversupply of fresh water in urban areas
It depletes natural aquifers and necessitates expensive, energy-intensive desalination
Providing government subsidies for heavy industry
Implementing a national minimum wage
Simplifying business licensing to encourage entrepreneurship
Establishing a state-owned electricity grid
nationalizing key industries like mining and telecommunications
increasing government regulation of all product prices
simplifying business licensing and reducing red tape
providing universal basic income to all citizens
Increased choice and potential price reductions driven by competition
The provision of free public goods such as sanitation and roads
A reduction in the need for private firms to innovate or use resources efficiently
Guaranteed fixed prices for all essential household goods
True
False