Economic Development Quiz 8 (20 MCQs)

Quiz Instructions

Select an option to see the correct answer instantly.

1. What industry would be most affected by hybrid cars?

Correct Answer: C) Oil industry.

2. The first five year plan was launched for a period from

Correct Answer: C) 1951-1956.

3. Location of manufacturing establishments is determined by the minimization three critical expenses:labor, transportation, and agglomeration.

Correct Answer: C) Weber's least cost theory.

4. Christaller's Central Place Theory can be used most appropriately to determine the

Correct Answer: C) Location for business with regard to potential customers.

5. A location where goods are transferred from one type of carrier to another (e.g., from barge to railroad).

Correct Answer: B) Break-of-Bulk.

6. How might developing primary industries be used as a strategy to promote development?

Correct Answer: B) Using natural resources to increase exports.

7. What is import tax called

Correct Answer: C) Tariffs.

8. Why do most restaurants clump together in shopping malls and on busy street corners?

Correct Answer: A) Agglomeration.

9. Which resource has produced the most energy over the last 200 years?

Correct Answer: B) Coal.

10. Developed by the U.N. in 1990 as a tool for ranking countries based on their level of economic development.

Correct Answer: A) Human Development Index.

11. Whose development model consists of a 5 stage process that countries go through as they develop economically?

Correct Answer: B) Rostow.

12. On what continent are 4 of the 5 countries with the highest GDP per capita located?

Correct Answer: D) Europe.

13. In a MDC like Australia, the largest percentage of jobs are in this economic sector?

Correct Answer: D) Tertiary.

14. Which is an accurate statement on the changing role of women in North Africa?

Correct Answer: B) Women earn equal pay for equal work in Tunisia.

15. How many stages were in Rostow's Stages of economic growth?

Correct Answer: D) 5.

16. Which belongs in the secondary industry?

Correct Answer: B) Shoe factory.

17. What was the immediate crisis India faced in the beginning of the 1990s

Correct Answer: C) Foreign exchange crisis.

18. An industry in which the final product weighs less or compromises a lower volume than the inputs.

Correct Answer: B) Bulk-reducing industry.

19. ..... is not the process of Agricultural Marketing.

Correct Answer: A) Arranging credit.

20. I transport material along a beach. What am I.

Correct Answer: A) Longshore Drift.