TJC 2023_JC2_H2_Prelim_Question Paper_Paper 1

TEMASEK JUNIOR COLLEGE 2023 JC2 PRELIMINARY EXAMINATIONS Higher 2 ECONOMICS 9570/01 Paper 1 23 August 2023 2 hours 30 min Additional Materials: two 12-page answer booklets READ THESE INSTRUCTIONS FIRST Answer booklets will be provided with this question paper. You should follow the instructions on the f ront cover of the answer booklet. If you need additional answer paper ask the invigilator for a continuatio n booklet. Answer all questions. Indicate the question number clearly in your answers. Start Question 1 and Question 2 on separate answer booklets. The number of marks is given in brackets [ ] at the end of each question or part question. This document consists of 7 printed pages and 1 blank page.

2 Question 1: The Future of Food in Singapore Extract 1: Why cloud kitchens are disrupting the Food & Beverage sector As technology rapidly advanced, so did innovation w ithin the food and beverage (F&B) sector. Third-party apps like Uber Eats have made ordering out easy with just a click of a button. It is with the advancement of this technology that has allowed new businesses like cloud kitchens to thrive. A cloud kitchen is basically a commercial kitchen optimized for food delivery. What that means is that you can have your restaurant ready for takeout orders, without ever needing a dine-in space. One of the major reasons to pivot toward cloud kitc hens is the pandemic. As restauranteurs struggle to find ways to succeed in the new normal, consumer behaviour has also shifted radically. Consumers are no longer comfortable with dining out, and many are tired of cooking at home. Adapted from Forbes.com , 29 Sep 2020 Extract 2: F&B firms not easing off on delivery despite strong dine-in recovery In the two months since many Covid-19 rules in Singapore were relaxed, F&B outlets have seen a strong recovery for dine-in but have no plans to wind down delivery efforts. This is because delivery sales, their lifeline during the pandemic, have become a key pillar of business, serving up convenience that customers can no longer do with out. During the pandemic, restrictions battered dine-in sales, leading eateries to beef up their delivery arms, such as by tying up with platforms or setting up cloud kitchens. Ms Lee, the co-founder of Poke Theory, hopes to grow the delivery business, as “customers are just used to the convenience now as people get too used to ordering delivery. I think it’s never going to be replacing dining out, but it's a part of life now.” Source: Channelnewsasia , 1 July 2022 Extract 3: Fifth of global food-related emissions due to transport Food transport constitutes 19 per cent of food emis sions, equivalent to 6 per cent of emissions from all sources, research finds. This is up to seven times higher than previously est