5 Written questions
4 Multiple choice questions
- wealth and resources of a country in relation to production and consumption of goods and services.
- total amount of goods and services brought to a country from another country for sale.
- The amount a country spends on education
- spending of money.
4 True/False questions
Standard of living → level of lifestyle. Shows wealth, material goods, services, necessities, and relative level of comfort that a population has.
Developing nation → a country with a strong economy and high standard of living
Developed nation → a country with a weak economy and a low standard of living
Health expenditures → total amount spent on healthcare by a country.