Australia's First Wellbeing Budget Quiz

Australia's First Wellbeing Budget Quiz

10th Grade

11 Qs

quiz-placeholder

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Australia's First Wellbeing Budget Quiz

Australia's First Wellbeing Budget Quiz

Assessment

Quiz

Business

10th Grade

Hard

Created by

Catherine Dawson

FREE Resource

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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