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3.1 Economic growth

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Question 4

Westhaven has a high rate of unemployment. Its government has approved a rapid expansion of visitor accommodation and leisure facilities along an undeveloped stretch of coast. Firms will spend on buildings and equipment and expect to recruit local workers. The government forecasts that the extra output and spending will increase its tax revenue. Environmental groups warn that construction will remove coastal habitat and that the completed facilities will create more waste. Many of the highest-paid posts will require skills that most unemployed local workers do not currently have.

Evaluate the effects of Westhaven’s proposed coastal development on residents’ living standards.

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Markscheme

3.1 Economic growth Questions

  1. GCSE
  2. /Economics
  3. /3.1 Economic growth

78 exam-style questions on OCR GCSE Economics 3.1 Economic growth, covering 3.1.1 What is economic growth, 3.1.2 Calculate economic growth using GDP, 3.1.3 Explain how growth is measured, 3.1.4 Analyse GDP data, 3.1.5 Determinants of economic growth, and 3.1.6 Costs and benefits of economic growth. Each one has a worked solution and a mark scheme showing where the marks go.

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