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Evaluate the features of SOL and how the government can enhance them

The ultimate goal of all governments is to improve the general standard of living (SOL) of its population. Explain how a government can improve the current and future standard of living of its population. [12]

Question Requirements


What you need to know to attempt this essay question?

You will need to define the term ‘Standard of Living’ and explain the factors underlying SOL. This can be categorised into qualitative and quantitative aspects. Additionally, you have to explain the policies that the government can introduce to enhance the SOL of its population and evaluate the policies in terms of effectiveness.

Chapters

  • National Income Accounting
  • Economic Indicators

Knowledge Application


How to apply the knowledge to your exam preparation?

The video itself will serve as a guide to you for writing the essay. You will understand how the outline of the answer is structured to meet the question requirements and attempt to do so on your own accord. After which, write out the essay under 20 minutes (recommended) in order to condition yourself to the exam environment.

Simon Ng

Founder, JC Economics & General Paper Tutor at Economics Focus
JC Economics Tutor Simon Ng of Economics Focus has been teaching A Level Economics and A Level General Paper since 2003. Simon set up Economics Focus to assist students in their pursuit of academic excellence at the examination by providing economics tuition for H1 and H2 students. JC1 and JC2 students are inspired by Simon's clear teaching methods that enabled them to comprehend economics terms and concepts. Simon developed the Rational Thinking methodology to aid students to excel in their JC economics essays and CSQs.
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