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Grade 7 · Social Studies · Unit 7 of 7

Sharing the World’s Wealth

Trade, aid and why wealth is shared unevenly.

What your child practises

Practises the effects of the distribution of wealth around the world, including trade, aid and living standards. It follows the Grade 7 social studies skill descriptor on economic systems in the New Brunswick curriculum.

New Brunswick Curriculum skill descriptor: Economics: Systems · the effects of the distribution of wealth around the world

Sample questions

A taste of this unit. In the app, questions change every time and get easier or harder to match your child.

  1. Question 1

    What is wealth?

    • a feeling
    • a school grade
    • the money and resources people or countries have
    • the weather

  2. Question 2

    What is a developed country?

    • a country with no farms
    • a country with only cities
    • a country with a high average income and many services
    • a country in a cold climate

  3. Question 3

    What is foreign aid?

    • help, such as money or supplies, given to people in other countries
    • a tax
    • a bank loan to a friend
    • a prize

  4. Question 4

    What is a standard of living?

    • a flag
    • a weather report
    • a kind of ruler
    • the level of comfort and services people have

  5. Question 5

    Which is a sign of higher living standards?

    • unsafe water
    • no hospitals
    • clean water, health care and schools for most people
    • fewer schools

  6. Question 6

    How can shoppers support fair wages?

    • ignore labels
    • buy the cheapest item always
    • choose fair-trade products when they can
    • never buy anything

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