Related Mcqs:

1. The part of the urban economy of LDC’s characterized by small competitive individual or family firms, labour intensive methods, free entry and market determined factor and product prices?

   A. Formal sector
   B. Informal sector
   C. Formal finance
   D. Informal finance

2. Urban population in LDC’s_________________?

   A. 464 %
   B. 50 %
   C. 36 %
   D. 20 %

3. Rural based population in less developed countries (LDC’s) ?

   A. 65 %
   B. 45 %
   C. 75 %
   D. None

4. “All LDC’s require to take off into a period of self-sustaining economic growth is a massive investment program designed to promote rapid industrialization and the building up of economic infrastructure.” ?

   A. Economic development theory
   B. Big Push theory of development
   C. Rostow’s development plan
   D. Harod Domes model

5. In LDC children under age of 15 years are ___________% of the total population?

   A. 40 %
   B. 50 %
   C. 80 %
   D. None

6. Group of LDC debtors who join together to bargain as a group with creditors?

   A. Debtor’s cartel
   B. Economic union
   C. Debtor’s commune
   D. None

7. The percentage of labour force unemployment at any time__________________?

   A. Unemployment rate
   B. Inflation rate
   C. Deflation rate
   D. None

8. Labour force engage in Agriculture in economically developed nations ?

   A. 5%
   B. 10%
   C. 15%
   D. 2%

9. People both rural and urban who are working less than they could___________________?

   A. Under employment
   B. Open employment
   C. Partial employment
   D. None

10. Urban population is developed nations?

    A. 74 %
    B. 80 %
    C. 67 %
    D. none