Economic Development Quiz 13 (30 MCQs)

Quiz Instructions

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1. Soda bottling is an example of a
2. Which of these activities occurs nearest the market according to Weber's Least Cost Theory?
3. Prior to the rise of the industrial revolution inGreat Britain, textile were manufactured in small, rural factories creating an industry known as
4. Transfer of some types of jobs, especially those requiring low-paid less skilled workers, from more developed to less developed countries.
5. When it is time to ship goods that have been manufactured, the lowest cost long distance freight is by which of the following modes of transport?
6. With the cooperation of the World Bank, The Indus Water Treaty was signed in
7. Gross Domestic Product is .....
8. People's wants and needs are .....
9. Which countries is NAFTA with?
10. Which of the following is NOT a factor in a country's level of development
11. Which institute does not provide direct loans to farmers?
12. A social movement whose stated goal is to help producers in developing countries achieve better trading conditions and to promote sustainability.
13. Why did farming lead to permanent villages?
14. In what century did the Industrial Revolution originate?
15. Manufacturing based in homes rather than in a factory, commonly found before the Industrial Revolution.
16. A country at the higher end of HDI usually has which of the following characteristics?
17. Cost advantages to manufacturers that accrue from high-volume production, since the average cost of production falls with increasing output. Think Costco and Sam's club.
18. Developed by the United Nations in 1990 as a tool for ranking countries based on their level of economic development
19. A measure of the extent of each country's gender inequality
20. ..... traditional industries was India particularly well known for before the advent of the british rule.
21. ..... is when countries and businesses trade internationally, leading to more connected world.
22. More Developed Countries (MDCs) use ..... of the worlds energy.
23. Manufacturing system that relies on highly educated workers, doing complex tasks with a high degree of flexibility.
24. Agreements such as the North American Free Trade Agreement (NAFTA) and associations such as the European Union (EU) reflect a movement toward:
25. Which island is the Caribbean author Merle Hodge from?
26. A teacher belongs to
27. Occurs mostly in developing countries where there is low environment impact, local ownership, and culturally sensitive.
28. In this stage, modern science and technology are either not available or are not being systematically applied.
29. Countries that usually have low levels of economic productivity, low per capita incomes, and generally low standards of living.
30. Which of the following is NOT one of the questions every economic system must answer?