Growing Economies - Edexcel A2 Business

Which of the following is a characteristic of a growing economy?

• High unemployment

• Increasing GDP

• Decreasing investment

• Low consumer confidence

A growing economy is often characterized by an increase in (a)   .

• Inflation

• GDP

• Unemployment

• Trade barriers

Match the following terms with their definitions: Hypothesis, Variable, Data, Analysis.

• Hypothesis

• Information collected during an experiment

• Data

• The process of examining data to draw conclusions.

• Variable

• A proposed explanation for an observation

• Analysis

• A factor that can change in an experiment

Which of the following is an indicator of economic growth?

• Trade opportunities

• Employment patterns

• Gross Domestic Product (GDP) per capita

• Economic power

Match the following indicators of growth with their descriptions:

• Measures average income

• Health

• Overall well-being

• GDP per capita

• Education level

• Literacy

• Composite statistic of life expectancy, education, and per capita income

• Human Development Index (HDI)

The growing economic power of countries within Asia, Africa, and other parts of the world is an example of (a)   .

• Economic decline

• Economic stagnation

• Economic growth

• Economic recession

Which country does the acronym 'B' stand for in BRIC?

• Brazil

• Belgium

• Bangladesh

• Bolivia

The acronym 'M' stands for which country? (a)   Fill in the blank: M stands for (b)   .

• Mexico

• Malaysia

• Morocco

• Myanmar

Which of the following countries is not part of the BRIC economies?

• Brazil

• Russia

• India

• Japan

The BRIC economies are predicted to overtake the G7 by the year (a)   .

• 2025

• 2027
• 2030

• 2035