This quiz works best with JavaScript enabled. Home > Economics > Development > General > Economic Development – Quiz 12 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Economic Development Quiz 12 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. It has been a major constraint to economic growth and poverty reduction in the Philippines. A) Educational standard. B) Economic development. C) Trade. D) Level of infrastructure. Show Answer Correct Answer: D) Level of infrastructure. 2. Uses natural resources or raw materials A) Primary Industry. B) Secondary Industry. C) Tertiary Industry. D) None of above. Show Answer Correct Answer: A) Primary Industry. 3. The least expensive mode of transport for shipping goods over long distances is by: A) Automobile. B) Truck. C) Rail. D) Ship. Show Answer Correct Answer: D) Ship. 4. What is the rank of India in fruit production? A) 4. B) 1. C) 2. D) 5. Show Answer Correct Answer: C) 2. 5. SEZ and EPZ have foreign investors building infrastructure that creates A) Formal economy. B) Informal Economy. C) Islands of development. D) Maquiladoras. Show Answer Correct Answer: C) Islands of development. 6. Farmers need credit for consumption purpose such as on birth, death, marriage etc called ..... A) Productive credit. B) Unproductive credit. C) Both (i) and (ii). D) None of the above. Show Answer Correct Answer: B) Unproductive credit. 7. Which mineral is used in ordnance factories? A) Sulphur. B) Copper. C) Salt. D) Gypsum. Show Answer Correct Answer: A) Sulphur. 8. The gender empowerment measure is an indication of females' access to A) Economic and political decision making. B) Social and cultural support. C) Agricultural work opportunities. D) Higher education opportunities. Show Answer Correct Answer: A) Economic and political decision making. 9. How do you think future technological innovations might impact life in Texas? A) They won't have an impact on people's lives. B) They will make life easier. C) They will not be successful. D) None of above. Show Answer Correct Answer: B) They will make life easier. 10. Is the total value of all goods and services produced by a nation in a year A) GDP. B) Goods and Services. C) Percentage. D) Development indicators. Show Answer Correct Answer: A) GDP. 11. Measurement held by the UN that calculates the level of development in terms of human welfare A) NATO. B) GII. C) HDI. D) BRIC. Show Answer Correct Answer: C) HDI. 12. -Depends on supply and demand-Common in developed countries-Farmers raise goods that give the most profitThese factors describe what type of agriculture? A) Cottage agriculture. B) Market agriculture (agribusiness). C) Subsistence agriculture. D) Slash and burn agriculture. Show Answer Correct Answer: B) Market agriculture (agribusiness). 13. The people that buy the products are ..... A) Producers. B) Consumers. C) Marketers. D) None of above. Show Answer Correct Answer: B) Consumers. 14. Call centers and bill processing centers are examples of A) A telecom industry. B) A bulk reducing industry. C) An ubiquitous industry. D) A footloose industry. Show Answer Correct Answer: D) A footloose industry. 15. Which model assumes all countries follow a similar path of development through five stages. A) Hotelling. B) Weber. C) Rostow. D) Von Thunen. Show Answer Correct Answer: C) Rostow. 16. A mining company operates in which economic sector? A) Tertiary. B) Primary. C) Secondary. D) Quaternary. Show Answer Correct Answer: B) Primary. 17. The basic physical support system needed for a developed economy, including roadways, bridges, and electricity, is called: A) Literacy. B) GDP. C) GNP. D) Infrastructure. Show Answer Correct Answer: D) Infrastructure. 18. Which of the following organisation looks after the credit needs of agriculture and rural development in India. A) IDBI. B) FCI. C) NABARD. D) ICAR. Show Answer Correct Answer: C) NABARD. 19. Targets generally have Best Buys, Sally Beauty Salons, Famous Footwear, JC Penny, & Petsmarts near them. This is known as what? A) Just-in-time planning. B) Agglomerations. C) Outsourcing. D) Maquiladora Industires. Show Answer Correct Answer: B) Agglomerations. 20. What does GDP refer to A) The value of goods and services produced by a country. B) The number of people living in a country. C) The average wage of the population. D) Its how many points the country has gained on the HDI from the previous year. Show Answer Correct Answer: A) The value of goods and services produced by a country. 21. Which movement has aims to improve economic prospects for producers and laborers in LDCs? A) World Trade Organization. B) Sustainability initiative. C) Maquiladora movement. D) Fair trade. Show Answer Correct Answer: D) Fair trade. 22. Which type of economic activity provides services to people and businesses? A) Primary. B) Tertiary. C) Secondary. D) Quaternary. Show Answer Correct Answer: B) Tertiary. 23. Free enterprise is an economic system in which people- A) Are free to buy and sell goods and services with little control by the government. B) Can only buy products from government selected companies. C) Must sell their products at the lowest price possible. D) None of above. Show Answer Correct Answer: A) Are free to buy and sell goods and services with little control by the government. 24. When was the first census data collected during British rule? A) 1981. B) 1881. C) 1882. D) 1880. Show Answer Correct Answer: B) 1881. 25. All of the following are barriers to development EXCEPT A) Widespread disease. B) Widespread communication. C) Social Conditions. D) Political instability. Show Answer Correct Answer: B) Widespread communication. 26. What is the problem that every society must address by creating an economic system? A) Scarcity. B) Shortage. C) Supply. D) Demand. Show Answer Correct Answer: A) Scarcity. 27. Uses raw materials to produce or manufacture something new. A) Primary Industry. B) Secondary Industry. C) Tertiary Industry. D) None of above. Show Answer Correct Answer: B) Secondary Industry. 28. Each of the following countries are considered newly industrializing EXCEPT? A) Japan. B) Hong Kong. C) Singapore. D) Taiwan. Show Answer Correct Answer: A) Japan. 29. A farmer belongs to A) Tertiary sector. B) Secondary sector. C) Primary sector. D) None of above. Show Answer Correct Answer: C) Primary sector. 30. Economic Development is a ..... concept than economic growth A) Single Dimensional. B) Double Dimensional. C) Multi dimensional. D) None of these. Show Answer Correct Answer: C) Multi dimensional. ← 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