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Economic Development & Growth

jackexamtime 8 questions 3.0 (1 rating)

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Questions in this quiz (8)

  1. 1What is economic development?
    1. AAn increase in output per person
    2. BAn increase in output per person, accompanied by a fundamental change in the structure of society
    3. CAn increase in the investment in the economy from one year to the next
  2. 2A Less Developed Country generally starts out as what kind of society?
    1. AA Traditional Society
    2. BA Productive Society
    3. CA High Society
  3. 3Which of the stages of economic growth does the following scenario describe?

    Obstacles to progress are removed and the population of urban areas increase
    1. AThe Preconditions for Take-Off
    2. BThe Take-Off
    3. CThe Drive to Maturity
  4. 4Select the characteristic of a less developed country from the below list:
    1. AThere's a large level of substitute goods in the market
    2. BMost of the population live by the coast
    3. CThere's a high dependence on one crop
  5. 5Why does low levels of adult literacy hold an LDC back from development?
    1. ARoad signs cannot be constructed as people couldn't understand them - this means roads can't be built
    2. BBooksellers face a very low level of demand and are forced out of business
    3. CNew technologies cannot be read about and taken advantage of
  6. 6What characterises the shanty towns that many living in LDCs live in?
    1. ASolar panels on the houses
    2. BAn absence of sewage systems
    3. CAn absence of local government
  7. 7What effect does increasing agricultural output have for an LDC?
    1. AIt reduces dependence on outside food aid
    2. BIt gives access to new markets
    3. CIt provides more resources for education
  8. 8What is the most important thing LDC governments should reduce spending on in order to drive growth?
    1. AImports
    2. BMilitary
    3. CSnob Items

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Description
Select the correct answer to these questions about Economic Development & Growth. This quiz is designed to help you revise for exam questions on this topic.
Language
English
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