Economic Development Quiz 12 (20 MCQs)

Quiz Instructions

Select an option to see the correct answer instantly.

1. The term used for a country with high birth rates, high death rates, little economic growth, and a high population in the primary sector.

Correct Answer: B) LDC.

2. The money used to purchase factories, machinery, tools, and building that make the product or good.

Correct Answer: B) Capital.

3. Limestone is used in .....

Correct Answer: D) Glass manufacturing.

4. When was Navratna Policy announced

Correct Answer: D) 1996.

5. A carpenter belongs to

Correct Answer: B) Secondary sector.

6. ..... economic activities add value to raw materials by processing them or changing their form. Ex:wood being made into tables/furniture

Correct Answer: B) Secondary.

7. People in third world countries have

Correct Answer: D) A lower standard of living.

8. A country described as an MEDC is .....

Correct Answer: A) More developed.

9. Genetically modified organisms (GMOs) and hybrid seeds are often associated with

Correct Answer: C) 3rd Agricultural Revolution.

10. Windmills comprise 3 to 4 blades mounted on nearly ..... high feet pole

Correct Answer: D) 80.

11. In determining living standards, productivity plays a key role

Correct Answer: C) For both nation and individual.

12. Which belongs in the tertiary industry?

Correct Answer: C) Services such as a bank teller.

13. Agriculture marketing does not comprise of .....

Correct Answer: D) Credit has been taken to meet expenditure on agricuture.

14. What is the primary locational factor for locating a service?

Correct Answer: D) Proximity to markets.

15. How was Texas impacted by the development of the oil industry?

Correct Answer: C) There were more jobs and money for Texans.

16. The inputs used to produce goods and services are also called

Correct Answer: D) Factors of production.

17. What is the best definition of poverty?

Correct Answer: C) Not having enough money to meet basic needs including food, clothing and shelter.

18. What is the third stage of Rostow's Economic growth?

Correct Answer: B) Take off.

19. Where are most core countries located?

Correct Answer: C) Northern Hemisphere.

20. Which of the following explains what is mean by corruption?

Correct Answer: B) When people use public funds for private gain.