Economics HL
Economics HL
4
Chapters
117
Notes
Unit 1 - Intro To Econ & Core Concepts
Unit 1 - Intro To Econ & Core Concepts
Unit 2 - Microeconomics
Unit 2 - Microeconomics
Unit 3 - Macroeconomics
Unit 3 - Macroeconomics
Unit 4 - The Global Economy
Unit 4 - The Global Economy
IB Resources
Unit 4 - The Global Economy
Economics HL
Economics HL

Unit 4 - The Global Economy

Social Enterprises: Pioneering Change in Developing Countries

Word Count Emoji
500 words
Reading Time Emoji
3 mins read
Updated at Emoji
Last edited onย 5th Nov 2024

Table of content

Social enterprise- a cool way businesses help

  • Definition: Social enterprises are businesses that make money but also help society.
  • Why It's Cool: It's like having a superhero business! They solve funding problems for non-profits and make life better in developing countries.
  • Real-World Example
    • Phandeeyar: A tech innovation lab in Myanmar. Think of it as a geeky superhero academy for local startups.
    • Buffalo Bicycle Company: Building bikes for African terrain. Imagine a bike tailor-made for Indiana Jones' adventures!

Banking- not just for adults!

  • Improving Access: Banking helps people invest in stuff. In some countries, it's as tough for poor people to get bank accounts as it is for you to beat the final boss in a video game!
  • Microfinance: Super small loans to help poor people start businesses or survive emergencies.
    • The Good: Helps women become like Wonder Women in their families!
    • The Bad: Some folks get stuck in a debt loop like a bad internet connection.
  • Mobile Banking: Just like texting, but with money. It's helping millions without needing a fancy smartphone.
    • Example: In Kenya, mobile banking made people's financial lives as stable as your favorite gaming platform.

Girl power- empowering women

  • Educating Girls: It's like a cheat code for development! Educated moms have healthier, smarter kids and earn more points—er, money!
  • Legal Reforms: Breaking down legal barriers to make sure women can own businesses and inherit property. Think of it as a quest to level up society!
  • Political Power-Up: More women in politics is like adding more characters to your favorite game. Diversity for the win!

Boss level-reducing corruption

  • What Is It? Corruption is like a bug in the system that makes everything glitch.
  • How to Fix It: Like patching a game, reducing corruption needs clear rules, transparency, and accountability.

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IB Resources
Unit 4 - The Global Economy
Economics HL
Economics HL

Unit 4 - The Global Economy

Social Enterprises: Pioneering Change in Developing Countries

Word Count Emoji
500 words
Reading Time Emoji
3 mins read
Updated at Emoji
Last edited onย 5th Nov 2024

Table of content

Social enterprise- a cool way businesses help

  • Definition: Social enterprises are businesses that make money but also help society.
  • Why It's Cool: It's like having a superhero business! They solve funding problems for non-profits and make life better in developing countries.
  • Real-World Example
    • Phandeeyar: A tech innovation lab in Myanmar. Think of it as a geeky superhero academy for local startups.
    • Buffalo Bicycle Company: Building bikes for African terrain. Imagine a bike tailor-made for Indiana Jones' adventures!

Banking- not just for adults!

  • Improving Access: Banking helps people invest in stuff. In some countries, it's as tough for poor people to get bank accounts as it is for you to beat the final boss in a video game!
  • Microfinance: Super small loans to help poor people start businesses or survive emergencies.
    • The Good: Helps women become like Wonder Women in their families!
    • The Bad: Some folks get stuck in a debt loop like a bad internet connection.
  • Mobile Banking: Just like texting, but with money. It's helping millions without needing a fancy smartphone.
    • Example: In Kenya, mobile banking made people's financial lives as stable as your favorite gaming platform.

Girl power- empowering women

  • Educating Girls: It's like a cheat code for development! Educated moms have healthier, smarter kids and earn more points—er, money!
  • Legal Reforms: Breaking down legal barriers to make sure women can own businesses and inherit property. Think of it as a quest to level up society!
  • Political Power-Up: More women in politics is like adding more characters to your favorite game. Diversity for the win!

Boss level-reducing corruption

  • What Is It? Corruption is like a bug in the system that makes everything glitch.
  • How to Fix It: Like patching a game, reducing corruption needs clear rules, transparency, and accountability.

Unlock the Full Content! File Is Locked Emoji

Dive deeper and gain exclusive access to premium files of Economics HL. Subscribe now and get closer to that 45 ๐ŸŒŸ

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