- 1. Doughnut Economics, authored by Kate Raworth, is a transformative framework for understanding and addressing the complex challenges of the 21st century, particularly in the realms of economics, sustainability, and social equity. In her book, Raworth introduces the concept of a 'doughnut', which visually represents the safe and just space for humanity—where social foundations are met without overshooting the ecological ceiling. This model juxtaposes the necessity of meeting essential human needs, such as food, education, and healthcare, against the environmental limits of our planet, highlighting the critical balance required to achieve a sustainable future. Raworth critiques traditional economic models that prioritize perpetual growth and GDP as measures of success, advocating instead for an economy that values well-being, community, and ecological health. By combining insights from various disciplines, including ecology, social science, and policy-making, Doughnut Economics challenges us to rethink how we design our economies, proposing that instead of striving for endless expansion, we can create systems that operate within our planetary boundaries while ensuring prosperity for all. The framework provides a new lens through which to evaluate policies and practices, encouraging innovation and collaboration to cultivate an economy that serves both people and the planet.
The inner ring of the Doughnut represents:
A) Social foundation of human well-being
B) Ecological ceiling of planetary boundaries
C) Technological innovation limits
D) Economic growth targets
- 2. The outer ring of the Doughnut represents:
A) Market equilibrium points
B) Ecological ceiling of planetary boundaries
C) Social foundation of human well-being
D) Government policy limits
- 3. How many planetary boundaries does Raworth's model include?
A) 7
B) 5
C) 12
D) 9
- 4. Raworth argues economics should change its goal from GDP growth to:
A) Eliminating all government regulation
B) Maximizing corporate profits
C) Achieving infinite economic growth
D) Meeting human needs within planetary boundaries
- 5. Raworth criticizes the traditional economics diagram of:
A) Phillips curve
B) Supply and demand curves
C) Production possibility frontier
D) The circular flow diagram
- 6. The social foundation includes how many dimensions?
A) 7
B) 15
C) 12
D) 9
- 7. Which of these IS part of the ecological ceiling?
A) Climate change
B) Income equality
C) Healthcare access
D) Political voice
- 8. Raworth describes the ideal economist as:
A) A market fundamentalist
B) A systems thinker
C) A policy technician
D) A mathematical modeler
- 9. What does Raworth mean by 'regenerative by design'?
A) Markets that self-correct automatically
B) Growth that continues indefinitely
C) Economic systems that restore natural resources
D) Systems that require constant government intervention
- 10. Raworth argues economics should see the economy as:
A) Superior to social systems
B) Separate from environmental concerns
C) Independent of cultural values
D) Embedded within society and ecology
- 11. Raworth's approach to economics is best described as:
A) Neoclassical economics
B) Austrian economics
C) Ecological economics
D) Marxist economics
- 12. The Doughnut Economics model is primarily:
A) A corporate profit strategy
B) A framework for sustainable development
C) A government austerity program
D) A mathematical forecasting tool
- 13. Which concept does Raworth use to describe inclusive wealth distribution?
A) Forced equality
B) Distributive by design
C) Wealth concentration
D) Trickle-down economics
- 14. The Doughnut model emphasizes that the economy should serve:
A) Maximum GDP growth
B) Government revenue maximization
C) Corporate shareholder value
D) Human prosperity within planetary boundaries
- 15. What does crossing the ecological ceiling represent?
A) Social progress
B) Economic success
C) Technological advancement
D) Environmental degradation
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