This quiz works best with JavaScript enabled. Home > Development > General > Economic Development – Quiz 20 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Economic Development Quiz 20 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A measure of the extent of each country's gender inequality A) GII. B) HDI. C) IDK. D) PPP. Show Answer Correct Answer: A) GII. 2. ..... traditional industries was India particularly well known for before the advent of the british rule. A) Chemical industry. B) Handicraft industry. C) Jute industry. D) Steel industry. Show Answer Correct Answer: B) Handicraft industry. 3. ..... is when countries and businesses trade internationally, leading to more connected world. A) Economics. B) GDP. C) Infrastructure. D) Globalization. Show Answer Correct Answer: D) Globalization. 4. More Developed Countries (MDCs) use ..... of the worlds energy. A) 5%. B) 10%. C) 25%. D) 50%. Show Answer Correct Answer: D) 50%. 5. Manufacturing system that relies on highly educated workers, doing complex tasks with a high degree of flexibility. A) Fordism. B) Toyotaism. C) Post-Fordism. D) Assembly Line. Show Answer Correct Answer: C) Post-Fordism. 6. Agreements such as the North American Free Trade Agreement (NAFTA) and associations such as the European Union (EU) reflect a movement toward: A) National policies of protectionism. B) Free trade zones. C) A rebirth of command economies. D) A reliance on social welfare policies. Show Answer Correct Answer: B) Free trade zones. 7. Which island is the Caribbean author Merle Hodge from? A) Barbados. B) Trinidad. C) Jamaica. D) St. Lucia. Show Answer Correct Answer: B) Trinidad. 8. A teacher belongs to A) Secondary sector. B) Tertiary sector. C) Primary sector. D) None of above. Show Answer Correct Answer: B) Tertiary sector. 9. Occurs mostly in developing countries where there is low environment impact, local ownership, and culturally sensitive. A) Ecotourism. B) Maquiladora. C) Export processing zone. D) Commodification. Show Answer Correct Answer: A) Ecotourism. 10. In this stage, modern science and technology are either not available or are not being systematically applied. A) Transitional Stage. B) Traditional Stage. C) Take off Stage. D) Pre-take off stage. Show Answer Correct Answer: B) Traditional Stage. 11. Countries that usually have low levels of economic productivity, low per capita incomes, and generally low standards of living. A) Core. B) Periphery. C) Semi-periphery. D) None of above. Show Answer Correct Answer: B) Periphery. 12. Which of the following is NOT one of the questions every economic system must answer? A) How to produce?. B) What to produce?. C) How much to produce?. D) Who to produce for?. Show Answer Correct Answer: C) How much to produce?. 13. Lower production costs as a result of larger volume of production (Fordism) A) Economies of scale. B) Just-in-time Delivery. C) Commodity chain. D) Trading bloc. Show Answer Correct Answer: A) Economies of scale. 14. Research and development are an example of which sector? A) Secondary. B) Tertiary. C) Quaternary. D) Quinary. Show Answer Correct Answer: C) Quaternary. 15. The UN considers all but the following factors when determining a country's level of development, its HDI (Human Development Index). A) Life expectancy. B) Literacy rate. C) Income per capita. D) Natural increase rate. Show Answer Correct Answer: D) Natural increase rate. 16. What is debt? A) Paying back more than you borrowed. B) When you owe someone something, such as money. C) When someone has something you want. D) Interest, paid back on a loan. Show Answer Correct Answer: B) When you owe someone something, such as money. 17. The mining of rare earth metals in Sub-saharan Africa for electronic products consumed in Europe and North America best reflects A) Dependancy Ratio. B) High Mass Consuption. C) Irredentism. D) Neocolonialism. Show Answer Correct Answer: D) Neocolonialism. 18. Mexico, China, Russia, India, Brazil, and South Africa are all A) Peripheral countries. B) MDCs. C) Core countries. D) Semi-peripheral countries. Show Answer Correct Answer: D) Semi-peripheral countries. 19. Which of the following areas is not considered a value added manufacturing region? A) North America. B) Eastern South America. C) Northern and Central Africa. D) Western Europe. Show Answer Correct Answer: C) Northern and Central Africa. 20. Agriculture, Irrigation and Power Projects were given highest priority in which among the following plans? A) First Five year plan. B) Second Five year plan. C) Third Five year plan. D) Fourth Five year plan. Show Answer Correct Answer: A) First Five year plan. ← PreviousNext →Related QuizzesDevelopment QuizzesEconomic Development Quiz 1Economic Development Quiz 2Economic Development Quiz 3Economic Development Quiz 4Economic Development Quiz 5Economic Development Quiz 6Economic Development Quiz 7Economic Development Quiz 8Economic Development Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books