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Economic Development Quiz 16 (25 MCQs)

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1. On 15th august 2020 we celebrated _____ independence day.
2. Another word for progress. . . This describes the wealth and well being of a country as it grows and prospers.
3. Coastal Environments provide many _____ for human activities.
4. When was New Economic Policy introduced in India
5. The economic growth and significance of cities like Dallas and Atlanta, spurred by major corporations locating their HQs in those cities, is supported by the
6. Eastern North America became the continent's manufacturing center in part because it had access to the continent's
7. Which belongs in the primary industry?
8. In economic geography and central place theory, the minimum market needed to support the supply of a product or service.
9. In Canada, which group has the MOST influence over which goods and services are produced?
10. Situation costs are critical to a firm that wishes to
11. What is meant by transportation?
12. Economic inequality WITHIN _____ is greater than in _____
13. The total value of goods produced and services provided by a country during one year. (GDP + Foreign investments)
14. AT&T having their call centers stationed in India and China is known as what industry practice?
15. _____ Stage exists by hunting animals and gathering grew fruits and vegetables.
16. A company that conducts research, operates factories, and sells products in many countries, not just where its headquarters or shareholders are located. Think Starbucks as one of MANY examples.
17. When a job in one sector of the economy leads to the creation of jobs in another economic sector.
18. Which of the following is a job from secondary sector?
19. He total value of goods and services produced in a country in a year, divided by number in the population
20. Usually measured by how many people are born or die for every thousand people in that nation in a given year
21. How is Self-Sufficiency acomplished
22. Characterized by small-batch production, economies of scope (not scale), new information technologies, rise of the service and white-collar worker, and the feminization of the workforce.
23. The average number of years an individual in the country is expected to live
24. What are economic activities?
25. An MEDC can also be called
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