Practice Productivity with authentic MYP MYP Individuals & Societies exam questions for both SL and HL students. This question bank mirrors Paper 1, 2, 3 structure, covering key topics like core principles, advanced applications, and practical problem-solving. Get instant solutions, detailed explanations, and build exam confidence with questions in the style of MYP examiners.
True or False: According to the text, 'working harder' is the most significant long-term factor for increasing a country's national income.
In the context of economic development theory, why is 'years of schooling' often regarded as an insufficient measure of human capital?
According to the analogy comparing productivity to a student's study efficiency, what do 'better methods' (such as skills, tools, and feedback) represent in a national economy?
According to the textbook, productivity should be viewed as
Productivity-based growth is a powerful driver of economic expansion because it increases total output without requiring a __________ increase in inputs.
True or False: Productivity gains in a capitalist system automatically lead to equal wage increases for all workers.
Which of the following statements best describes how the benefits of productivity growth are typically distributed in a capitalist market economy?
Which of the following best describes the role of institutions in creating a productive economic environment?
Why is productivity growth considered a 'more sustainable' cause of economic growth compared to simply increasing inputs?
Which of the following is considered an 'institutional' factor that shapes the productivity of an economy?
Practice Productivity with authentic MYP MYP Individuals & Societies exam questions for both SL and HL students. This question bank mirrors Paper 1, 2, 3 structure, covering key topics like core principles, advanced applications, and practical problem-solving. Get instant solutions, detailed explanations, and build exam confidence with questions in the style of MYP examiners.
True or False: According to the text, 'working harder' is the most significant long-term factor for increasing a country's national income.
In the context of economic development theory, why is 'years of schooling' often regarded as an insufficient measure of human capital?
According to the analogy comparing productivity to a student's study efficiency, what do 'better methods' (such as skills, tools, and feedback) represent in a national economy?
According to the textbook, productivity should be viewed as
Productivity-based growth is a powerful driver of economic expansion because it increases total output without requiring a __________ increase in inputs.
True or False: Productivity gains in a capitalist system automatically lead to equal wage increases for all workers.
Which of the following statements best describes how the benefits of productivity growth are typically distributed in a capitalist market economy?
Which of the following best describes the role of institutions in creating a productive economic environment?
Why is productivity growth considered a 'more sustainable' cause of economic growth compared to simply increasing inputs?
Which of the following is considered an 'institutional' factor that shapes the productivity of an economy?