This quiz works best with JavaScript enabled. Home > Economics > Development > General > Economic Development – Quiz 8 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Economic Development Quiz 8 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. One characteristic of a Pastoral Stage is ..... A) They only hunt for their food. B) They always have extra food. C) They domesticate animals for food. D) None of the above. Show Answer Correct Answer: C) They domesticate animals for food. 2. Most people in LDCs are engaged in ..... economic activities. A) Quaternary. B) Tertiary. C) Secondary. D) Primary. Show Answer Correct Answer: D) Primary. 3. This model shows how countries can become developed through 5 stages of increased international trade and modernization. A) Rostow. B) Wallerstein. C) Self-Sufficiency. D) Fair trade. Show Answer Correct Answer: A) Rostow. 4. The protection of private property was ranked as the most important factors for encouraging firms to invest in developing economies. A) Macroeconomic stability. B) Political stability. C) Educational standard. D) Barriers to trade. Show Answer Correct Answer: B) Political stability. 5. A snowballing geographical process by which secondary and service industrial activities become clustered in cities and compact industrial regions in order to share infrastructure and markets. A) Deglomeration. B) Agglomeration. C) Syncretism. D) Supranationalism. Show Answer Correct Answer: B) Agglomeration. 6. Which two countries make up the Lucyan archipelago? A) Hati & Dominica Republic. B) Antigua & Bermuda. C) Trinidad & Tobago. D) The Bahamas & Turks and Caicos. Show Answer Correct Answer: D) The Bahamas & Turks and Caicos. 7. Highly organized and specialized system for organizing industrial production and labor; mass production for mass consumption. A) Cottage Industry. B) Commodity Chain. C) Post-Fordism. D) Fordism. Show Answer Correct Answer: D) Fordism. 8. What job sector is teaching in? A) Primary. B) Secondary. C) Tertiary. D) None. Show Answer Correct Answer: C) Tertiary. 9. What are the factories in Mexico called? A) No factories in Mexico. B) Commercial Factories. C) Maquiladoras. D) Mariachi. Show Answer Correct Answer: C) Maquiladoras. 10. The term used for a country with high birth rates, high death rates, little economic growth, and a high population in the primary sector. A) MDC. B) LDC. C) HDI. D) GNP. Show Answer Correct Answer: B) LDC. 11. The money used to purchase factories, machinery, tools, and building that make the product or good. A) Labor. B) Capital. C) Resources. D) None of above. Show Answer Correct Answer: B) Capital. 12. Limestone is used in ..... A) Floors. B) Glass manufacturing. C) Cooking. D) Coins. Show Answer Correct Answer: B) Glass manufacturing. 13. When was Navratna Policy announced A) 1996. B) 1992. C) 1995. D) 1991. Show Answer Correct Answer: A) 1996. 14. A carpenter belongs to A) Primary sector. B) Secondary sector. C) Tertiary sector. D) None of above. Show Answer Correct Answer: B) Secondary sector. 15. ..... economic activities add value to raw materials by processing them or changing their form. Ex:wood being made into tables/furniture A) Quaternary. B) Secondary. C) Primary. D) Tertiary. Show Answer Correct Answer: B) Secondary. 16. People in third world countries have A) The best jobs. B) A greater standard of living. C) A higher literacy rate. D) A lower standard of living. Show Answer Correct Answer: D) A lower standard of living. 17. A country described as an MEDC is ..... A) Money efficient. B) Newly industrialised. C) Less developed. D) More developed. Show Answer Correct Answer: D) More developed. 18. Genetically modified organisms (GMOs) and hybrid seeds are often associated with A) Subsistence farming. B) 1st Agricultural Revolution. C) 2nd Agricultural Revolution. D) 3rd Agricultural Revolution. Show Answer Correct Answer: D) 3rd Agricultural Revolution. 19. Windmills comprise 3 to 4 blades mounted on nearly ..... high feet pole A) 60. B) 100. C) 80. D) 90. Show Answer Correct Answer: C) 80. 20. In determining living standards, productivity plays a key role A) For individuals, but not for nations. B) For nations, but not for individual. C) For both nation and individual. D) For neither nations nor individual. Show Answer Correct Answer: C) For both nation and individual. 21. Which belongs in the tertiary industry? A) Farmer. B) Steel worker. C) Coffee bean. D) Services such as a bank teller. Show Answer Correct Answer: D) Services such as a bank teller. 22. Agriculture marketing does not comprise of ..... A) Transportation of the produce to the marketplace for sale. B) Grading of the produce according to the quality. C) Credit has been taken to meet expenditure on agricuture. D) Storage of the produce for sale in future. Show Answer Correct Answer: C) Credit has been taken to meet expenditure on agricuture. 23. What is the primary locational factor for locating a service? A) Break of bulk points. B) Proximity to markets. C) Proximity to natural resources. D) Access to transfer points. Show Answer Correct Answer: B) Proximity to markets. 24. How was Texas impacted by the development of the oil industry? A) Many people left Texas. B) Texans lost money by investing it in oil. C) There were more jobs and money for Texans. D) None of above. Show Answer Correct Answer: C) There were more jobs and money for Texans. 25. The inputs used to produce goods and services are also called A) Factors of production. B) Production functions. C) Productivity indicators. D) Capitalization producers. Show Answer Correct Answer: A) Factors of production. 26. What is the best definition of poverty? A) Not having the latest iphone. B) Not being able to afford new clothing. C) Not having enough money to meet basic needs including food, clothing and shelter. D) Being homeless, not having food and wearing old clothes. Show Answer Correct Answer: C) Not having enough money to meet basic needs including food, clothing and shelter. 27. What is the third stage of Rostow's Economic growth? A) Drive to maturity. B) Take off. C) Traditional society. D) *High Mass Consumption. Show Answer Correct Answer: B) Take off. 28. Where are most core countries located? A) Eastern Hemisphere. B) Southern Hemisphere. C) Western Hemisphere. D) Northern Hemisphere. Show Answer Correct Answer: D) Northern Hemisphere. 29. Which of the following explains what is mean by corruption? A) When the government spends too much money on healthcare. B) When government funds are spent inefficiently. C) When people use public funds for private gain. D) When people use private funds for public gain. Show Answer Correct Answer: C) When people use public funds for private gain. 30. The labor force of the country which is approximately ..... is depend on agriculture A) 44%. B) 50%. C) 56%. D) 66%. Show Answer Correct Answer: A) 44%. ← 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 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books