Name one of the four climate types we studied in this challenge.
Tropical, Arid, Temperate, or Cold
What is the difference between a renewable and a non-renewable resource?
Renewable resources naturally replenish themselves, non-renewable resources are finite and can run out
What is a supply chain?
The full journey a product takes from raw material to the moment it reaches a consumer
What does IMF stand for?
International Monetary Fund
Name one way that living in an arid climate shapes the daily life of people in that region
Anything from: nomadic lifestyle, water conservation, mud brick homes, date farming
Name the 3 Pillars of Sustainability.
Planet, People, Profit
What is the difference between trade and interdependence?
Trade is the exchange of goods between regions, interdependence is when regions rely on each other because no single region has everything it needs
What is the main job of the WTO?
To set the rules for global trade between countries and resolve trade disputes
What do we call the type of advantage a region has when its climate or geography makes it ideal for producing a specific resource?
Natural Advantage
What type of economic system gives the government full control over resources and distribution?
Socialism
In the pencil journey we studied, name one country involved and its role in the supply chain
Any reasonable answer such as China for graphite mining, Indonesia for wood, Malaysia for rubber, Germany for manufacturing
Name one criticism of how the World Bank or IMF operates
Loan conditions hurt ordinary citizens, conditions favour wealthy countries, privatisation of key industries
Explain in one sentence how geography shaped the culture of one region we studied this challenge.
Any reasonable answer linking geography to culture such as monsoon seasons shaping farming festivals in South Asia
Name one example of a renewable resource and explain one way a city could use it sustainably.
Any reasonable answer such as solar energy used to power homes, wind energy used to generate electricity, water managed carefully to avoid waste
What is globalization?
The process by which the world has become increasingly connected through trade, technology, and movement of people.
what happened when the IMF attached conditions to the Argentina loan?
Argentina had to cut public spending and privatise industries. When the economy collapsed in 2001 millions of ordinary Argentinians lost their savings
Compare two regions from different parts of the world and explain how their geographic differences have led to different economic activities.
Any reasonable comparison such as Amazon rainforest agriculture and eco-tourism vs Arabian desert oil economy and trade
Difference between capitalism and a mixed economy?
Capitalism lets the market decide who gets resources, mixed economy combines government and market control
What influenced the modern global trade system?
Colonial trade routes
What gives wealthier countries more power than developing countries
Any reasonable answer such as more resources to influence WTO rules, larger legal teams, more economic leverage, historical advantages from colonialism