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- Subject
- Global Economic Developmenteconomics-mcqs › global-economic-development
- Published
- 1 Jun 2019
- Last updated
- 28 May 2026
Which of the following is not classified as a primary economic system?
Multiple choice question for Global Economic Development. Select an option, then review the explanation below.
Explanation
Capitalism, socialism, and communism are recognized as major economic systems. The Physical Quality of Life Index, however, is a measure of social well-being, not an economic system.
More Global Economic Development MCQs
Practice related questions from the same subject.
- 1.Which of the following topics are considered essential in the field of development economics?
- 2.Among the following nations, where are the standards of material living most comparable to those in the United States?
- 3.Which area is considered the most economically disadvantaged region globally?
- 4.Identify the country that is not classified as a newly industrialized country (NIC) from the list below.
- 5.Which traits are commonly associated with developing nations?