This quiz works best with JavaScript enabled. Home > Economics > Development > General > Economic Development – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Economic Development Quiz 6 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Whose development model consists of a 5 stage process that countries go through as they develop economically? A) Losch. B) Rostow. C) Wallerstein. D) Weber. Show Answer Correct Answer: B) Rostow. 2. On what continent are 4 of the 5 countries with the highest GDP per capita located? A) Africa. B) Europe. C) Antarctica. D) South America. Show Answer Correct Answer: B) Europe. 3. In a MDC like Australia, the largest percentage of jobs are in this economic sector? A) Secondary. B) Tertiary. C) Primary. D) Quinary. Show Answer Correct Answer: B) Tertiary. 4. Which is an accurate statement on the changing role of women in North Africa? A) Women maintain traditional roles in many households. B) Women earn equal pay for equal work in Tunisia. C) Women cover their face with scarves in Egypt. D) Women eat and pray separately from men. Show Answer Correct Answer: B) Women earn equal pay for equal work in Tunisia. 5. How many stages were in Rostow's Stages of economic growth? A) 4. B) 8. C) 3. D) 5. Show Answer Correct Answer: D) 5. 6. Which belongs in the secondary industry? A) Coal. B) Sales clerk. C) Cotton. D) Shoe factory. Show Answer Correct Answer: D) Shoe factory. 7. What was the immediate crisis India faced in the beginning of the 1990s A) Inflation. B) Debt Trap. C) Foreign exchange crisis. D) All of the above. Show Answer Correct Answer: C) Foreign exchange crisis. 8. An industry in which the final product weighs less or compromises a lower volume than the inputs. A) Qutsourcing. B) Break-of-Bulk point. C) Bulk-reducing industry. D) Footloose industry. Show Answer Correct Answer: C) Bulk-reducing industry. 9. ..... is not the process of Agricultural Marketing. A) Storing the produce for future sale. B) Packaging the produce according to buyers' preference. C) Selling the produce when the price is lucrative. D) Arranging credit. Show Answer Correct Answer: D) Arranging credit. 10. I transport material along a beach. What am I. A) Longshape Drift. B) Longshore Drift. C) Longnose Drift. D) Longway drift. Show Answer Correct Answer: B) Longshore Drift. 11. Value of the output of goods and services produced in a country in a year; Includes money that leaves and enters the country; A) GNI. B) IDK. C) HDI. D) PPP. Show Answer Correct Answer: A) GNI. 12. Industry that sells its products within the community; it does not bring money into the community. A) Formal economy. B) Basic industry. C) Non-Basic industry. D) Informal economy. Show Answer Correct Answer: C) Non-Basic industry. 13. Under which economic system are most countries in the world today? A) Socialism. B) Communism. C) Capitalism. D) Hodaism. Show Answer Correct Answer: C) Capitalism. 14. The invention of the steam engine lead to what type of pollution? A) Air and water pollution due to coal burning. B) Radioactive pollution due to oil leakage. C) No pollution was caused. D) Electrical pollution due to new technology. Show Answer Correct Answer: A) Air and water pollution due to coal burning. 15. Which country in the world uses the most fossil fuels per capita? A) India. B) China. C) United States. D) Australia. Show Answer Correct Answer: C) United States. 16. The price paid for the rental of borrowed funds is commonly referred to as the A) Inflation rate. B) Aggregate price level. C) Exchange rate. D) Interest rate. Show Answer Correct Answer: D) Interest rate. 17. According to Von Thunen, what type of agriculture is produced closest to market? A) Dairying. B) Grain agriculture. C) Plantation farming. D) Ranching. Show Answer Correct Answer: A) Dairying. 18. Shows the influence of women in a society by measuring women's income, participation in labor force, and political influence. A) Human Development Index. B) GNP. C) GDP. D) Gender Empowerment Index. Show Answer Correct Answer: D) Gender Empowerment Index. 19. A type of industrial competition in which the countries within a group cooperate through trade and compete against the other two groups. A) Offshoring. B) Export-Processing Zone (EPZ). C) Trading bloc. D) Outsourcing. Show Answer Correct Answer: C) Trading bloc. 20. GNI, GDP, and PPP all measure A) HDI. B) Where a country is located on the Brandt Line. C) GII. D) MDC/LDC. Show Answer Correct Answer: A) HDI. 21. Specific area within a country in which tax investment incentives are implemented to attract foreign (and domestic) businesses and investment. A) Technopoles. B) Special economic zone. C) Nationalism. D) Least cost theory. Show Answer Correct Answer: B) Special economic zone. 22. A highly developed country will have all of the following except ..... A) High literacy rate. B) High life expectancy. C) High birth and death rates. D) High per capita incomes. Show Answer Correct Answer: C) High birth and death rates. 23. Buffer stocks are used for ..... A) Exporting. B) Public Distribution. C) Meeting urgent needs during a period of low output and scarcity. D) Both for Public distribution and meeting urgent needs during a period of low output and scarcity. Show Answer Correct Answer: D) Both for Public distribution and meeting urgent needs during a period of low output and scarcity. 24. What continent are MOST primary economies located? A) North America. B) Africa. C) Europe. D) Asia. Show Answer Correct Answer: B) Africa. 25. How much crop productivities lessened due to plant diseases? A) 27%. B) 30%. C) 10%. D) 25%. Show Answer Correct Answer: D) 25%. 26. This stage is marked by interdependence, basic goods and services are produced with the aid of science and technology. A) Hunting and Gathering. B) Industrial. C) Pastoral. D) Post-Industrial. Show Answer Correct Answer: D) Post-Industrial. 27. Production of agricultural products for the market is called: A) Hunting and gathering. B) Sedentary cultivation. C) Subsistence agriculture. D) Commercial agriculture. Show Answer Correct Answer: D) Commercial agriculture. 28. What did Weber think was most important when determining the least cost location of production? A) Agglomeration. B) Labor. C) Transportation. D) Competition. Show Answer Correct Answer: C) Transportation. 29. India according to the World Bank classification falls in the category of A) Low-income economies. B) Upper-middle income economies. C) Lower-middle income economies. D) High-income economies. Show Answer Correct Answer: C) Lower-middle income economies. 30. Life expectancy at birth, infant mortality, access to skilled health professionals are all ways in which ..... is measured A) Health and welfare. B) Economic standards of living. C) Newly industrialized countries. D) Purchasing power parity. Show Answer Correct Answer: A) Health and welfare. ← PreviousNext →Related QuizzesDevelopment QuizzesEconomics QuizzesEconomic Development Quiz 1Economic Development Quiz 2Economic Development Quiz 3Economic Development Quiz 4Economic Development Quiz 5Economic Development Quiz 7Economic Development Quiz 8Economic Development Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books