Recent Topic: How Economies Evolve – Full test

Computer-based IELTS practice · free

  • •Passage 1: questions 1–13. Time allowed: 20 minutes.
  • •The passage is on the left and the questions are on the right. Each side scrolls separately.
  • •Select words in the passage to highlight them; click a highlight to remove it.
  • •There is no extra time to transfer answers. The test is submitted automatically when time runs out.
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Passage 1

You should spend about 20 minutes on Questions 1–13, which are based on the reading passage below.

How Economies Evolve

Questions 1–5

Do the following statements agree with the information given in the reading passage? Choose TRUE if the statement agrees with the information, FALSE if the statement contradicts the information, NOT GIVEN if there is no information on this.

1Hunter-gatherer families can make all of the items they own.

2Twentieth-century economists usually compared the economy to an ecosystem.

3Beinhocker’s book was published in the twenty-first century.

4Most business experiments are successful.

5Beinhocker has worked as a government adviser.

Questions 6–8

Choose the correct letter, A, B, C or D.

6According to the passage, why can no planner design an economy in advance?

7Electricity and the internet are mentioned as examples of

8Some companies have responded to the theory by

Questions 9–13

Complete the summary below. Choose NO MORE THAN THREE WORDS from the passage for each answer.

A modern economy shows great compared with that of hunter-gatherers. Some researchers describe economies as rather than machines. Beinhocker compared wealth creation to evolution, in which create variety. Critics say the comparison is only a , while supporters argue it has created a useful combination of .