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Reflection
Reflection
Reflection
Name: Lino Wilson
Date created: 03/12/2022
Course review
Choose one key concept and consider how it might be illustrated in each of the real world issue:
Scarcity
Choice
Efficiency
Equity
Economic well-being
Sustainability
Change
Interdependence
Intervention
scarcity is the main problem which leads to the urging need of economics
Complex real-world issues often illustrate the connection between several concepts. Let’s take the
example of Floriculture in Kenya. Two important concepts here are Sustainability and Economic well-
being. Write a statement that shows how the two concepts could be connected.
sustainability is the key because we cannot live without showing a concern to the future generations
and again there arises a problem of scarcity which needs to be addressed
farming or any other activity is interdependent and needs each others resources for optimum results
Look at the new assessment outlines for SL and HL. Without looking at the old version, try to identify as
many changes as you can.
elaborately explained