Australia's First Wellbeing Budget Quiz
Quiz
•
Business
•
10th Grade
•
Hard
Catherine Dawson
FREE Resource
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11 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the name of Australia's first national wellbeing framework?
Health and Happiness Framework
Australia's Prosperity Plan
Wellbeing for All
Measuring What Matters
Answer explanation
Australia's first national wellbeing framework is called 'Measuring What Matters'. This framework focuses on assessing and improving the wellbeing of Australians, making it the correct choice among the options.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who released Australia's first wellbeing budget?
Scott Morrison
Jacinda Ardern
Jim Chalmers
Josh Frydenberg
Answer explanation
Jim Chalmers, as the Treasurer of Australia, released the country's first wellbeing budget in 2021, focusing on broader measures of progress beyond just economic indicators.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the wellbeing framework aim to track?
Technological advancements
Physical, social, economic, and emotional factors
Political stability
Only economic growth
Answer explanation
The wellbeing framework aims to track a comprehensive range of factors, including physical, social, economic, and emotional aspects, making the second choice the correct answer.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country introduced a wellbeing budget in 2019?
Iceland
Canada
New Zealand
Wales
Answer explanation
New Zealand introduced a wellbeing budget in 2019, focusing on broader measures of success beyond just economic growth, making it the first country to do so.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one criticism of the data used in the wellbeing framework?
It is too recent
It ignores traditional economic indicators
It was collected before significant events like the COVID-19 pandemic
It focuses too much on mental health
Answer explanation
One criticism of the wellbeing framework's data is that it was collected before significant events like the COVID-19 pandemic, which may have impacted wellbeing and rendered the data less relevant.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the motivations for releasing the wellbeing framework?
To increase GDP
To recognize where better measurement is needed of economy rather than growth
To eliminate chronic diseases
To reduce government spending
Answer explanation
One motivation for releasing the wellbeing framework is to recognize where better measurement is needed. This helps identify gaps in data and improve the understanding of wellbeing beyond traditional economic indicators.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which organization supports the tracking of equitable distribution of resources?
World Health Organization
United Nations
International Monetary Fund
World Bank
Answer explanation
The World Health Organization (WHO) focuses on global health issues, including the equitable distribution of health resources, making it the correct choice for tracking resource distribution.
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