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Global Economic Development – MCQs
10 questions. Click to practice.
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Correct options are highlighted when revealed.
1.
Which of the following topics are considered essential in the field of development economics?
In what ways do the poorest two-thirds of the global population survive?
What are the leading theories explaining economic development?
Which elements influence workforce skills in developing countries?
All of the above options are relevant
2.
Among the following nations, where are the standards of material living most comparable to those in the United States?
Nigeria
Japan
India
Mali
None of the above
3.
Which area is considered the most economically disadvantaged region globally?
The Middle Eastern countries
Sub-Saharan Africa
The Asian continent
Latin American nations
4.
Identify the country that is not classified as a newly industrialized country (NIC) from the list below.
Taiwan
North Korea
Singapore
Hong Kong
South Korea
5.
Which traits are commonly associated with developing nations?
Rapidly increasing population numbers
A significant portion of the population experiencing poverty
Agriculture relying heavily on traditional techniques
All of these characteristics
6.
Which of the following is not classified as a primary economic system?
Market economy
Physical Quality of Life Index
Socialist economy
Communist system
All of the above are economic systems
7.
What percentage of the global population resides in developing nations?
Around 35%
About 80%
Close to 10 billion individuals
Nearly 1 billion individuals
None of the above
8.
Development economics is mainly concerned with which segment of the global population?
the poorest people
approximately two-thirds
around one-third
28 percent of individuals
5 percent of the population
9.
Which of the following nations is not classified as a transitional economy?
China
Russia
Hungary
Mexico
Poland
10.
Which of the following areas is not considered part of the third world?
Central and South America
The Asian continent
The African continent
The continent of Australia
None of the above