IGCSE Development Studies: Specimen Questions with Answers 7 - 8 of 98

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Passage

Indicators Poverty in a Country

Question 7 (7 of 7 Based on Passage)

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Explain what do you mean by GDP?

Explanation

GDP is the worth of net produce in a country in a given financial year. For example- If it is said that a countries GDP fell by 2 % it means that the country՚s produce in the last year has fallen by 2 % . The reasons for fall in GDP can be –

  • Fall in the demand by the consumers.
  • Adverse impact on manufacturing and service sector affected due to natural causes like, monsoon.

GDP is the report prepared at the end of the financial year. Effect of decline in GDP on an economy is as follows:

  • Unemployment: A reduction in production means that less people are employed which leads to less amount of money with the people to make purchases.
  • Market situation won՚t be a good one
  • A fall in GDP will result in reduction in the size of the economy.
  • A decrease in the GDP will cause a fall in the average rate of interest in an economy.

Passage

Removing Poverty

Question 8 (1 of 7 Based on Passage)

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Describe the ways of improving farming.

Explanation

The Different Measures to Improve Farming Are

  • Vertical Farming: It is a sustainable method to bring about revolution in the agricultural sector as it lowers the use of water to 70 % and saves soil and land space. This innovation in the farming is helping farmers to grow crop in such difficult environmental conditions.
  • Hydroponic: It is method of growing plants without soil which is gaining importance in recent times. It allows the plants to grow in the presence of nutrients that are essential for the growth of soil.
  • Varieties selection: New and improved variety of crops that are heat tolerant allows increasing the productivity of crops.
  • Farm management software: Managing farm with proper tracking system. It helps to control farming activities to analyze the usage of inputs and the expenditure to identify the weak points and improve them.
Farming Methods

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