Economic development ?

Related Mcqs:

1. The pattern of economic growth describes the phenomenon of countries moving up in technological development by following the patterns of countries ahead of them in the development process ?

   A. flying geese
   B. import substitution
   C. export orientation
   D. commodity expansion

2. Mention the name for economic theory that the support of business that allows them to flourish will eventually benefit middle- and lower-income people in the form of increased economic activity and reduced unemployment?

   A. End benefit
   B. Trickle down
   C. Free market
   D. Capitalism

3. Economic development is measured on the basis of ?

   A. Increase in nominal GNP
   B. Increase in real GNP
   C. Increase in personal income
   D. Increase in government revenue

4. Statement A: The might of a country consists of gaining surpluses of gold and silver Statement B: A nation’s strength is found in economic independence and the maintenance of a favorable balance of trade Statement C: We need to gain colonies both as sources for raw materials and as markets for our manufactured of goods Which economic system is being described by these statements ?

   A. traditional
   B. feudal
   C. command
   D. mercantile

5. During the 1980s and 1990s a period of economic conservative governments in much of West and Japan, a leading approach among development economists was ?

   A. neoclassicism
   B. Marxism
   C. Rostow’s model
   D. classical appraoch

6. Historically countries at early stages of rapid economic development have tender to experience ?

   A. trade deficit and an excess of investment over domestic saving
   B. trade surplus and an excess of investment over domestic saving
   C. trade deficits and an excess of domestic savings over investment
   D. trade surpluses and an excess of domestic saving over investment

7. 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

8. Experiences over the last three decades has suggested that in order for economic development to occur, it is necessary for an economy to ?

   A. stress agricultural development over industrial development
   B. promote industrial development over agriculture
   C. use a balanced strategy that promotes both agricultural and industrial development
   D. stress the importation of agricultural products and the export of manufactured goods

9. Economic development in Japan after World War II and in Communist China since the 1980s in similar in that both nations have sought to ?

   A. end foreign investment
   B. develop their vast natural resources to achieve economic growth
   C. utilize the concepts of capitalism to improve their economies
   D. nationalize most major industries and restrict competition

10. In development economics, who said,”Economic growth means more output”.

    A. Maddison
    B. Kindleberger
    C. Todaro
    D. Friedman

    Submitted by: Abdul Saboor Nasar