Economic Development in Historical Perspective
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- Economic Development in Historical Perspectiveeconomics-mcqs › economic-development-in-historical-perspective
- Published
- 2 Jun 2019
- Last updated
- 28 May 2026
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What is the primary reason that modern economic growth has predominantly occurred in Western nations?
Multiple choice question for Economic Development in Historical Perspective. Select an option, then review the explanation below.
Explanation
Modern economic expansion in Western countries is largely attributed to the development and adoption of capitalism, rather than church control, trade restrictions, or outdated economic models.
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Practice related questions from the same subject.
- 1.According to the 2010 population data, which four countries rank among the top five most populous nations?
- 2.What does the acronym ASEAN stand for?
- 3.Which pair of nations continues to follow the Soviet-style communist development framework?
- 4.Since the 1960s, which pair of countries has consistently achieved an annual real per capita growth rate exceeding 7%?
- 5.Over 70% of the world's fastest-growing populations are found in which country?