GDP and doughnut theory

What traditional economic idea does economist Kate Raworth challenge?

• That economies should prioritize social welfare over profit.

• That economic growth is always a sign of progress.

• That resource depletion is an inevitable part of development.

• That government intervention is necessary for a healthy market.

What important caveat did Simon Kuznets provide when he introduced GDP as a measure of economic output?

• GDP should only be used for short-term economic analysis.

• GDP does not account for the unpaid caring work or value created in communities.

• GDP is an unreliable measure during times of war or crisis.

• GDP overestimates the wealth of nations with large agricultural sectors.

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In the "doughnut economics" model, what does the inner ring represent?

• The maximum sustainable use of Earth's resources.

• The minimum social foundation for human well-being.

• The ideal level of economic growth for developed nations.

• The global average income required to eliminate poverty.

How does the video describe the ideal "shape of progress" for the 21st century?

• An ever-rising line of exponential growth.

• A continuous expansion of resource consumption.

• A state of balance between human needs and planetary boundaries.

• A focus solely on increasing financial returns.