5.1 Economic Factors

• Italy's GDP per capita is higher than the G7 average.

  False
• Key economic indicators include GDP per capita and unemployment
• What is Italy's unemployment rate compared to the G7 average?

  7.5% vs 5.0%
• Italy's higher unemployment rate compared to the G7 average suggests greater financial insecurity
• Italy's Gini coefficient of 0.62 indicates greater wealth inequality
• Italy's unemployment rate of 7.5% is higher than the G7 average of 5.0%
• Italy's economic performance lags behind the G7 average in key areas.


  True
• The G7 average unemployment rate is 5.0
• How do income and wealth impact quality of life?

  Higher standard of living
• Match the country with its Gini coefficient:

  Italy ↔️ 0.62

  G7 Average ↔️ 0.55
• What is economic inequality?

  Unequal distribution of wealth
• Economic stability supports higher living standards.


  True
• Italy's road network quality is rated 4.2
• Italy's lower broadband subscriptions can negatively impact quality of life.

  True
• Italy's lower economic performance compared to the G7 average reduces living standards.


  True
• High employment rates lead to greater financial stability and access to goods and services
• What are two crucial determinants of quality of life?

  Income and wealth
• Economic inequality refers to the unequal distribution of wealth and income within a population.


  True
• What does economic stability primarily support for citizens?

  Higher living standards
• Italy's higher inflation rate compared to the G7 average negatively impacts financial security.


  True
• Italy lags behind the G7 average in both road network quality and broadband subscriptions
• What percentage of Italy's GDP is contributed by SMEs?

  68%
• Key economic indicators include Gross Domestic Product (GDP) and employment
• What is Italy's unemployment rate compared to the G7 average?

  7.5% vs 5.0%
• Rank Italy's economic performance indicators compared to the G7 average from best to worst.

  1️⃣ Unemployment Rate (Higher than G7)

  2️⃣ GDP per capita (Lower than G7)
• Italy's lower GDP per capita negatively impacts the quality of life for its citizens.

  True
• High employment rates indicate greater financial stability and a higher standard of living.


  True
• What is Italy's median household income compared to the G7 average?

  €30,000 vs €45,000
• Italy's GDP per capita is lower than the G7 average, indicating a less favorable economic climate.


  True
• Italy's unemployment rate is 7.5
• What is the impact of high employment rates on quality of life?

  Higher standard of living
• Italy's GDP per capita is higher than the G7 average.

  False
• Italy's median household income is €30,000
• Greater wealth inequality in Italy compared to the G7 average negatively impacts quality of life.


  True
• Italy's poverty rate is 20
• What is Italy's GDP growth rate?

  1.3%
• Match the country with its broadband subscriptions per 100 people:

  Italy ↔️ 28

  G7 Average ↔️ 35
• What are two key economic indicators that influence quality of life?

  GDP per capita and unemployment rate
• Order the main economic factors affecting quality of life by their primary focus:

  1️⃣ GDP per capita

  2️⃣ Unemployment rate
• Italy's GDP per capita is higher than the G7 average.

  False