This quiz works best with JavaScript enabled. Home > Economics > Development > General > Economic Development – Quiz 10 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Economic Development Quiz 10 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What type of economic activity would serving as insurance actuary analyst be classified as? A) Tertiary. B) Primary. C) Quaternery. D) Secondary. Show Answer Correct Answer: C) Quaternery. 2. Which of the following is one MAIN factor in deciding where railroad tracks are built? A) Location of reservoirs. B) Hiking trails. C) Location of markets. D) Tree lines. Show Answer Correct Answer: C) Location of markets. 3. Which economist believed in local entrepreneurs learning from invited foreign capitalists/ industrialists? A) Adam Smith. B) John Keynes. C) Milton Friedman. D) W.A Lewis. Show Answer Correct Answer: D) W.A Lewis. 4. ..... Stage makes heavy use of mechanization. A) Horticultural. B) Hunting and Gathering. C) Industrial. D) Pastoral. Show Answer Correct Answer: C) Industrial. 5. Why would farmers in Texas leave farms and take factory jobs in the 1920s A) There was a drought. B) They wanted to live in the city. C) There was a larger demand for factory products. D) None of above. Show Answer Correct Answer: C) There was a larger demand for factory products. 6. A company which uses more than one mode of transport will often locate near what? A) Break-of-bulk Point. B) Raw materials. C) Factory. D) Consumer Products. Show Answer Correct Answer: A) Break-of-bulk Point. 7. Which economic measure of development divides the total value of goods and services produced within a country in a given year by its population? A) Purchasing Power Parity. B) GDP. C) GDP per capita. D) GINI coefficient. Show Answer Correct Answer: C) GDP per capita. 8. Every day, the KIA Motors factory in South Korea receives automobile parts for assembly three hours before assembling the car. This is an example of A) Rostows Stages of economic development. B) Locational interdependence. C) Von Thunen model. D) Just-in-time production. Show Answer Correct Answer: D) Just-in-time production. 9. High birth rate ..... A) More developed. B) Less developed. C) Newly industrialized. D) None of above. Show Answer Correct Answer: B) Less developed. 10. Those newly industrialized countries with median standards of living. A) Core. B) Periphery. C) Semi-periphery. D) None of above. Show Answer Correct Answer: C) Semi-periphery. 11. What is the relative health, skills, education, and training of a nation's labor force? A) Human Capital. B) Capital Goods. C) Standard of Living. D) Literacy Rates. Show Answer Correct Answer: A) Human Capital. 12. The main activities in secondary sector are ..... A) Industry and education. B) Industry, handricrafts and construction. C) Construction and agriculture. D) Education and handicrafts. Show Answer Correct Answer: B) Industry, handricrafts and construction. 13. The action plan includes ..... elements A) Development of the means of transport. linking the rural area with the urban areas. B) Provision of power/.energy for the rural area. C) Permanent means of irrigation. D) All of the above. Show Answer Correct Answer: D) All of the above. 14. Countries that are moving from less to more developed economies are known as ..... A) Newly industrialized. B) Emerging economies. C) Both. D) None of above. Show Answer Correct Answer: C) Both. 15. Countries with high standards of living have all of the following EXCEPT ..... A) Long life expectancy. B) Short life expectancy. C) Low infant mortality rates. D) High literacy rates. Show Answer Correct Answer: B) Short life expectancy. 16. Which region of the world has no core countries? A) Sub-Saharan Africa. B) Western Europe. C) North America. D) Oceania. Show Answer Correct Answer: A) Sub-Saharan Africa. 17. Where was the hearth of the Industrial revolution? A) Germany. B) USA. C) Russia. D) England. Show Answer Correct Answer: D) England. 18. Most people in developing nations earn their living by- A) Farming. B) Working in offices and companies. C) Working in manufacturingindustries. D) Working in service industries. Show Answer Correct Answer: A) Farming. 19. Which sector of the economy is agriculture based on? A) Tertiary. B) Quarternary. C) Secondary. D) Primary. Show Answer Correct Answer: D) Primary. 20. What does NAFTA stand for? A) North American Free Trade Agreement. B) North Atlantic Forced Tariff Agreement. C) National Association of Free Trade Alliance. D) National Alliance For Tariffs Amendments. Show Answer Correct Answer: A) North American Free Trade Agreement. 21. Industrial machinery is an example of A) An item which always. B) A factor of production that in the past was an output from the production process. C) A technological knowledge. D) A production function'. Show Answer Correct Answer: B) A factor of production that in the past was an output from the production process. 22. This sector would include the top executives or officials in such fields as government, science, universities, nonprofit, etc., A) Quinary sector. B) Primary sector. C) Secondary sector. D) Quaternary sector. Show Answer Correct Answer: A) Quinary sector. 23. The connection of producers and consumers represented by linkages between livestock marketers, feedlot owners, packer owners, retail store owners, and consumers represent an example of A) Core-periphery model. B) Globalization. C) Export-import model. D) Commodity chain. Show Answer Correct Answer: D) Commodity chain. 24. The number of infants who die for every thousand births A) Infant mortality. B) GPD per capita. C) Birth rate. D) Secondary economic activity. Show Answer Correct Answer: A) Infant mortality. 25. Agriculture would be an example of A) Secondary sector. B) Tertiary sector. C) Primary sector. D) None of above. Show Answer Correct Answer: C) Primary sector. 26. This is NOT part of the tertiary sector A) Construction. B) Education. C) Trade. D) Transport. Show Answer Correct Answer: A) Construction. 27. In a post-industrial society, hourly workers would most likely be able to find employment working in which of the following? A) Quaternary economic activities. B) Quinary economic activities. C) Primary economic activities. D) Tertiary economic activities. Show Answer Correct Answer: D) Tertiary economic activities. 28. What is mortality rate? A) A measure of the number of deaths in a particular population. B) Death. C) Life. D) None of above. Show Answer Correct Answer: A) A measure of the number of deaths in a particular population. 29. Farming, mining, fishing, and forestry are all considered to be A) Secondary Economic Activities. B) Tertiary Economic Activities. C) Primary Economic Activities. D) Quaternary Economic Activities. Show Answer Correct Answer: C) Primary Economic Activities. 30. Which sector has grown in the fastest in developed countries? A) Primary. B) Secondary. C) Tertiary. D) None of above. Show Answer Correct Answer: C) Tertiary. ← PreviousNext →Related QuizzesDevelopment QuizzesEconomics QuizzesEconomic Development Quiz 1Economic Development Quiz 2Economic Development Quiz 3Economic Development Quiz 4Economic Development Quiz 5Economic Development Quiz 6Economic Development Quiz 7Economic Development Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books