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Economic Development Quiz 14 (30 MCQs)

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1. Lower production costs as a result of larger volume of production (Fordism)
2. Research and development are an example of which sector?
3. The UN considers all but the following factors when determining a country's level of development, its HDI (Human Development Index).
4. The mining of rare earth metals in Sub-saharan Africa for electronic products consumed in Europe and North America best reflects
5. Mexico, China, Russia, India, Brazil, and South Africa are all
6. Which of the following areas is not considered a value added manufacturing region?
7. Agriculture, Irrigation and Power Projects were given highest priority in which among the following plans?
8. Indicator of level of development combining income, literacy, education, and life expectancy.
9. Perry accumulated a lot of mathematical skills while in high school, college, and graduate school. Economists include these skills as part of Perry's
10. Various types of data to measure economic development (GNI, GDP, Vehicle ownership, Cell phone ownership)
11. If Country A has a low growth rate, high literacy rate, and largely tertiary level economic activity, then it is
12. Which of the following modes of transport has the most line flexibility?
13. Mortality Rate means .....
14. Fishing, Mining, Farming, and Forestry are examples of what economic activity?
15. The quantity of goods and services produced from each unit of labor is called
16. Name the Finance Minister of India
17. Shift cultivation and slash-and-burn farming are often associated with
18. The average amount of goods and services produced from each hour of a worker's time is called
19. This sector of the economy adds value to natural resources by transforming raw materials into valuable products.
20. Which of the Agricultural Revolutions did not include increased usage of complex machines?
21. Which of the following is most likely a characteristic of a developing country?
22. Which statistic tells you how much money a country makes?
23. Which economic activity would lawyers, doctors, salespeople, and customer service representatives fall under?
24. Which sector of the economy removes or harvests products directly from the earth in order to extract raw materials or food?
25. Natural gas in Pakistan was discovered in
26. Economic activity concerned with the processing of raw materials and manufacture of goods in factories.
27. Which of the following methods of transportation might be categorized as low terminal cost, high line cost, and high route flexibility?
28. A part of most corporations where tasks dedicated to running the company itself take place. i.e., not in the corporate headquarters but in call centers.
29. What is the basic support system needed to keep an economy going called?
30. The industrial revolution was the beginning of
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