1. Explain why jobs like shopping and looking after children are considered to be
economic activities.
2. Name two types of material wealth that you would not like to give up. Name two
types of non-material wealth you would most like to keep.
3. a) Suppose you were an economics expert and someone asked you to define the
term "quality of life." What definition would you give?
b) Describe the living conditions of someone with a high quality of life. Describe
a low quality of life.