Thailand's Economy: Checkpoint 1

Quick checkpoint - five questions on Thailand's economy, rice pledging, the 1997 crisis, tourism and health coverage.

Quick checkpoint - five questions on Thailand’s economy, rice pledging, the 1997 crisis, tourism and health coverage.

Question 1 of 5 When did Thailand become upper-middle-income?

2011 1950 1997 2024

Growth slowed afterwards.

Question 2 of 5 What was the problem with the rice pledging scheme?

Paying far above market prices created stocks and losses It paid too little It banned rice It worked perfectly

India overtook Thailand as top exporter in 2012.

Question 3 of 5 When did Thailand float the baht?

2 July 1997 1985 2008 2020

This began the Asian financial crisis.

Question 4 of 5 About how many tourists visited Thailand in 2019?

Nearly 40 million 1 million 400 million 4 million

Tourism collapsed in the pandemic.

Question 5 of 5 What did the 30 baht scheme achieve?

Universal health coverage from 2002 A new currency Free rice Cheap cars

Out-of-pocket costs fell sharply.

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