Understanding Economic Growth and Well-being

Understanding Economic Growth and Well-being

Assessment

Interactive Video

Social Studies, Business, Philosophy

10th Grade - University

Hard

Created by

Sophia Harris

FREE Resource

The video discusses the concept of 'enough' in the context of sustainability and economic growth. It critiques the historical focus on growth as an economic goal and highlights the warnings from 'The Limits to Growth.' The speaker argues for a shift towards a well-being economy, emphasizing the need for systemic change and individual actions to achieve sustainable development. The feasibility and promise of such an economic transformation are explored, with a call to redefine prosperity and focus on well-being rather than perpetual growth.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of the current economic system according to the introduction?

Innovation

Sustainability

Growth

Equality

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When did GDP become a central measure of economic progress?

Beginning of 21st century

Early 20th century

Middle of last century

Late 19th century

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the MIT scientists warn about in 'The Limits to Growth'?

Economic prosperity

Technological advancement

Political instability

Societal breakdown

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the proposed shift in mindset to avoid societal breakdown?

'More growth' to 'less growth'

'Innovation first' to 'nature first'

'Never enough' to 'enough for each'

'Individual success' to 'collective success'

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a well-being economy prioritize?

Economic growth

Human and ecological well-being

Technological advancement

Political stability

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can richer countries contribute to a well-being economy?

By expanding their industries

By reducing ecological footprints

By increasing their GDP

By focusing on technological growth

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common misconception about decentering growth?

It reduces environmental impact

It increases wealth inequality

It leads to more innovation

It means economic collapse

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