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Economic Development Quiz 3 (20 MCQs)

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1. Which of the following is an example of a job in the tertiary sector?
2. Most people in LDCs (less developed countries) work in:
3. Abolition of intermediateries and Land ceiling are part of
4. In the 1800s, how did farmers adapt to the climate in Texas?
5. Out of the following countries, who would have the highest standard of living?
6. How many industries are reserved for public sector at present
7. According to Alfred Weber, which one of the following costs of production is the most important factor in locating a new industry?
8. What country is NOT part of NAFTA?
9. The practice of basing some of a company's processes or services in another country in order to take advantage of lower costs. (Ford, AmEx, GE, Cisco, Microsoft)
10. Investing in the education or training of workers of a business or country is an example of investing in what?
11. The stock market is important because
12. It is considered as the lifeblood of the business.
13. A rapid population growth during the 1900s contributed to the ..... aimed to increase food supplies to support the growing population.
14. Rising high-tech and service centers in the south and west of the US with an increasing population and investment
15. The rapid growth of technology in the U.S. has had positive effects on all of the following EXCEPT
16. Which of the following is an example of tertiary sector?
17. The word 'Sustainable Development' came into existence in the year?
18. Producers of automobiles select assembly plant locations primarily for their closer access to
19. National or global regions where economic power, in terms of wealth, innovation, and advanced technology is concentrated.
20. Which agency is responsible for procurement, distribution and storage of food grain production in India?
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