Spain and South Africa are experiencing a rapid transition towards renewable energy technologies and green hydrogen production, accelerating the phasing-out of traditional carbon-intensive industries. In 2024, Spain recorded a structural unemployment rate of approximately 11.5%, while South Africa recorded approximately 27.5%.
Evaluate, with the use of an appropriate diagram(s), whether a rapid transition to green technologies will help a government to achieve its macroeconomic policy objectives.
2 exam-style questions on OCR A Level Economics Policy conflicts. Each one has a worked solution and a mark scheme showing where the marks go.