Economic Growth
What does GDP stand for?
Gross Domestic Product
What increases labor productivity?
Training, technology, and better education.
What is a customer?
A person who buys goods or services.
What is digital money?
Money stored electronically (e.g., online banking, mobile wallets).
What is the national flag color of Kazakhstan?
Blue with a golden sun and eagle.
What is human capital?
The skills, knowledge, and abilities of workers.
What is unemployment?
When people who are able and willing to work cannot find a job.
Who founded Amazon?
Jeff Bezos.
What is the currency of the United Arab Emirates?
UAE Dirham (AED)
What is an election?
A process where people vote to choose leaders.
What is the difference between economic growth and economic development?
Growth = increase in output (GDP).
Development = improvement in living standards (health, education).
Who represents the supply of labor?
Workers.
What is e-commerce?
Buying and selling goods online.
Who controls inflation in most countries?
The central bank.
What is a dictatorship?
A system where one leader has total control.
Name one barrier to economic growth.
Corruption.
Who represents the demand for labor?
Employers.
Which successful businessman is known for starting Alibaba Group?
Jack Ma.
What happens to the value of money during inflation?
It decreases.
What is the main role of government?
To provide public services and maintain order.
What does innovation mean?
Creating new ideas, products, or methods.
What is retirement?
When a person stops working permanently, usually due to age.
Who is the famous businesswoman and TV host known for her media empire?
Oprah Winfrey.
What is the currency of Brazil?
Brazilian Real (BRL)
How many chambers does Kazakhstan’s Parliament have?
Two — the Mazhilis (lower house) and the Senate (upper house).