This quiz works best with JavaScript enabled. Home > Development > General > Economic Development – Quiz 21 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Economic Development Quiz 21 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Indicator of level of development combining income, literacy, education, and life expectancy. A) FDI (Foreign Direct Investment). B) GDP (Gross Domestic Product). C) HDI (Human Development Index). D) GNP (Gross National Product). Show Answer Correct Answer: C) HDI (Human Development Index). 2. Perry accumulated a lot of mathematical skills while in high school, college, and graduate school. Economists include these skills as part of Perry's A) Standard of learning. B) Technological knowledge. C) Physical capital. D) Human capital. Show Answer Correct Answer: D) Human capital. 3. Various types of data to measure economic development (GNI, GDP, Vehicle ownership, Cell phone ownership) A) Economic indicators. B) Sociological indicators. C) Health Indicators. D) Human Rights indicators. Show Answer Correct Answer: A) Economic indicators. 4. If Country A has a low growth rate, high literacy rate, and largely tertiary level economic activity, then it is A) Developing. B) In transition. C) Developed. D) In North Africa. Show Answer Correct Answer: C) Developed. 5. Which of the following modes of transport has the most line flexibility? A) Truck. B) Ship. C) Pipeline. D) Train. Show Answer Correct Answer: A) Truck. 6. Mortality Rate means ..... A) Sleep Rate. B) Life Rate. C) Death Rate. D) Mortal Rate. Show Answer Correct Answer: C) Death Rate. 7. Fishing, Mining, Farming, and Forestry are examples of what economic activity? A) Primary. B) Secondary. C) Teritiary. D) Quaternary. Show Answer Correct Answer: A) Primary. 8. The quantity of goods and services produced from each unit of labor is called A) Standard of living. B) Productivity. C) Capitalized quantity. D) The knowledge base. Show Answer Correct Answer: B) Productivity. 9. Name the Finance Minister of India A) Arun Jetly. B) Nirmala Sitaraman. C) Urjit Patel. D) P.Chidambaram. Show Answer Correct Answer: B) Nirmala Sitaraman. 10. Shift cultivation and slash-and-burn farming are often associated with A) Subsistence farming. B) Agribusiness. C) Rostow's TAKE OFF stage. D) More developed countries (MDCs). Show Answer Correct Answer: A) Subsistence farming. 11. The average amount of goods and services produced from each hour of a worker's time is called A) GDP. B) Per capita GDP. C) Productivity. D) Technological knowledge. Show Answer Correct Answer: C) Productivity. 12. This sector of the economy adds value to natural resources by transforming raw materials into valuable products. A) Primary. B) Secondary. C) Tertiary. D) Quaternary. Show Answer Correct Answer: B) Secondary. 13. Which of the Agricultural Revolutions did not include increased usage of complex machines? A) First Agricultural Revolution. B) Second Agricultural Revolution. C) Third Agricultural Revolution. D) Green Revolution. Show Answer Correct Answer: A) First Agricultural Revolution. 14. Which of the following is most likely a characteristic of a developing country? A) Low employment rate. B) High GDP. C) High technology. D) None of above. Show Answer Correct Answer: A) Low employment rate. 15. Which statistic tells you how much money a country makes? A) HDI. B) PPP. C) GNP. D) WTO. Show Answer Correct Answer: C) GNP. 16. Which economic activity would lawyers, doctors, salespeople, and customer service representatives fall under? A) Primary. B) Secondary. C) Tertiary. D) Quaternary. Show Answer Correct Answer: C) Tertiary. 17. Which sector of the economy removes or harvests products directly from the earth in order to extract raw materials or food? A) Secondary. B) Primary. C) Tertiary. D) Linear. Show Answer Correct Answer: B) Primary. 18. Natural gas in Pakistan was discovered in A) 1952. B) 1954. C) 1960. D) 1999. Show Answer Correct Answer: A) 1952. 19. Economic activity concerned with the processing of raw materials and manufacture of goods in factories. A) Development. B) Fair Trade. C) Industry. D) Added Value. Show Answer Correct Answer: C) Industry. 20. Which of the following methods of transportation might be categorized as low terminal cost, high line cost, and high route flexibility? A) Rail. B) Truck. C) Ship. D) Airplane. Show Answer Correct Answer: B) Truck. ← 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