2.2.1 Answer the following questions:

a) Briefly describe natural benefits. (1 x 2)
b) Provide any ONE example of a natural benefit. (1 x 1)
c) Briefly describe subsidies on property. (1 x 2)

2.2.2 What are the implications of income distribution on economic growth? (1 x 2)

2.2.3 How can countries in the North and South collaborate to address the challenges of climate change? (1 x 2)



Answer :

Final answer:

Natural benefits, subsidies on property, income distribution impact on economic growth, and collaborative efforts on climate change are essential aspects of social studies related to economics and environment.


Explanation:

Natural Benefits:

Natural benefits refer to advantages that arise from consuming or utilizing natural resources in various ways. For example, drinking clean water from a natural spring provides health benefits due to its purity and mineral content.

Subsidies on Property:

Subsidies on property involve financial assistance provided by the government to support property-related activities, such as agriculture or housing development.

Implications of Income Distribution on Economic Growth:

The unequal distribution of wealth can lead to social unrest, reduced consumer spending, and hindered economic growth due to disparities in access to resources and opportunities.

Collaboration on Climate Change:

Countries in the North and South can collaborate by sharing technology, implementing sustainable practices, and setting mutual environmental goals to address the challenges of climate change collectively.


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