Related Mcqs:

1. Inequality between 20% of the world’s richest and 20% of the world’s poorest has been:_____?

   A. decreasing
   B. increasing
   C. stayed the same
   D. has fluctuated over the years

2. According to critical alternative views poverty is:____________?

   A. a monetary condition brought about by people’s own laziness.
   B. a monetary condition where people do not have enough to satisfy basic needs.
   C. a monetary and non-monetary condition where people lack access to community regulated common resources, opportunities and income.
   D. all of the above

3. What is meant by embedded liberalism?

   A. Liberal international economic order based on free trade but with a role for state intervention in issues of national security and stability
   B. Economics and government function through free market
   C. Liberal international economic order based on international law
   D. society functions through free market while giving more power to liberal international organizations

4. The orthodox view of development assumes:______________?

   A. that people can only move forward through self-reliance.
   B. that economic growth can be unlimited through the free market and will trickle down to the poor.
   C. that economic growth is unimportant in development.
   D. that equitable development is more important than efficient development.

5. What is meant by the New International Economic Order?

   A. A liberal order that the west formed through the World Bank, IMF and GATT
   B. An unsuccessful campaign for reforms made by developing countries in the 1970s
   C. A successful campaign for reforms made by developing countries in the 1970s
   D. None of the above

6. What is meant by ‘trickle down effect’?

   A. That economic growth will eventually (and automatically) bring benefits to the poor
   B. That economic growth needs delivery systems to bring benefits to the poor
   C. That economic growth needs to be controlled by the state
   D. None of the above

7. Dependency theorists believe:____________?

   A. that free-market development only helps the rich.
   B. that development countries should be dependent on free-market development.
   C. that economic growth is dependent on the poor.
   D. all of the above.

8. The ‘Millennium Development Goal’s are:__________?

   A. set time-limited development targets.
   B. quantifiable targets across 8 areas of development.
   C. aim at eradication of extreme poverty and hunger by 2015.
   D. all of the above

9. What was the Brundtland Commission?

   A. The world commission on economic growth, 1987
   B. The world commission on worldwide neo-liberal reform, 1987
   C. The world commission on environment and development, 1987
   D. The world commission on trade and development, 1987