TED-Ed: Can the economy grow forever? |  TED-Ed

TED-Ed: Can the economy grow forever? | TED-Ed

Assessment

Interactive Video

Business

KG - University

Hard

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The video discusses the concept of exponential growth, particularly in the context of the global economy. It questions the sustainability of infinite growth on a finite planet, given the resource demands and environmental impacts. The video explores how economies have become more efficient but also highlights the challenges posed by new technologies that increase resource demand. It presents differing economic perspectives on addressing these issues, including the idea of a post-growth economy focused on sustainability and equity. The video emphasizes the need for balancing economic growth with environmental care.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason economists believe continuous economic growth is necessary?

To increase government revenue

To reduce unemployment

To improve people's lives

To prevent inflation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is economic growth typically measured?

By the level of technological advancement

By the amount of natural resources used

By the total financial value of production and sales

By the number of new businesses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential downside of new technologies in terms of resource use?

They can create new demand and increase resource use

They always reduce resource demand

They have no impact on resource use

They make resources obsolete

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant environmental concern associated with the global economy?

Depletion of human resources

Increase in global temperatures

Destruction of natural environments

Overproduction of goods

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key feature of a post-growth economy?

Emphasis on improving essential services

Focus on continuous economic expansion

Increased reliance on fossil fuels

Reduction in technological innovation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge might arise in a post-growth economy?

Defining what is necessary

Decreasing public services

Rising inflation

Increasing unemployment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential benefit of a post-growth economy?

Universal access to public services

Greater wealth inequality

Higher production of unnecessary goods

Increased dependency on jobs