I- Workers migrating from villages to foreign-dominated urban complexes
II- Forming an unskilled labor force to work in factories and mines and on plantations
III- Replacing indigenous enterprises with technologically more advanced global subsidiary companies
IV- Closing the economy to trade with and investment from, developed countries
A. I and II only
B. II and III only
C. I, II and III only
D. I , II III and IV
Related Mcqs:
- Which of the following colonial policy contribute further to today’s agricultural underdevelopment in Africa ?
I. Colonial governments compelled farmers to grow selected crops
II. Colonialism often changed traditional land tenure systems from individual control to communal
III. Colonialists failed to train African agricultural scientists and managers
IV. Research and development concentrated on food production and small farmers and herders.A. I and II only
B. I and III only
C. III and IV only
D. II and III only - What is Baran’s explanation for underdevelopment in Asia, Africa, and Latin America ?
A. monopolistic business from abroad
B. reactionary ruling coalitions
C. weak domestic middle class
D. All of the above - Organized family-planning programs and the demand for birth control resulting from urbanization, modernization, economic development and increased education have contributed to ?
A. a decline in fertility
B. The demographic transition from stage 3 to stage 2
C. increases in the ratio of labor to capital
D. an increase in the dependency ratio - Which situation has contributed most recent Japanese economic growth ?
A. The Japanese government has place limits on Japanese exports
B. Japanese industries spend very little on the research and development of new products
C. The Japanese government and Japanese businesses have cooperated with each other
D. Japanese citizens save less of their incomes than the citizens of other industrialized nation do - The theory of suggests that government can assist domestic companies in capturing economic profits from foreign competitors ?
A. international dumping
B. countervailing duties
C. Strategic trade policy
D. export promotion policy - Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium economic theory suggests that the nation’s balance of payments would move into a surplus position if there occurred in the nation a (an) ?
A. increase in the money demand
B. decrease in the money demand
C. increase in the money demand
D. None of the above - Which of the following could not be considered a major economic system ?
A. capitalism
B. physical quality of life index
C. socialism
D. communism
E. None of the above - For the oil-importing countries, the increase in oil prices in 1970s and early 2000s contributed to all of the following except ?
A. balance of trade deficits
B. price inflation
C. constrained economic growth
D. improving terms of trade - Name a default on debt and obligations by a major financial institution that disrupts the stability of the economic system ?
A. Debt blast
B. Debt bomb
C. Bad debt
D. None of them - Which condition is a major obstacle to economic development in the Middle East and Northern Africa ?
A. use of strip mining to obtain minerals
B. reliance on capitalist economic systems
C. lack of access to world markets
D. scarcity of water resources
