Economic Development & Growth

Description

Select the correct answer to these questions about Economic Development & Growth. This quiz is designed to help you revise for exam questions on this topic.
jackexamtime
Quiz by jackexamtime, updated more than 1 year ago
jackexamtime
Created by jackexamtime almost 11 years ago
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Resource summary

Question 1

Question
What is economic development?
Answer
  • An increase in output per person
  • An increase in output per person, accompanied by a fundamental change in the structure of society
  • An increase in the investment in the economy from one year to the next

Question 2

Question
A Less Developed Country generally starts out as what kind of society?
Answer
  • A Traditional Society
  • A Productive Society
  • A High Society

Question 3

Question
Which of the stages of economic growth does the following scenario describe? Obstacles to progress are removed and the population of urban areas increase
Answer
  • The Preconditions for Take-Off
  • The Take-Off
  • The Drive to Maturity

Question 4

Question
Select the characteristic of a less developed country from the below list:
Answer
  • There's a large level of substitute goods in the market
  • Most of the population live by the coast
  • There's a high dependence on one crop

Question 5

Question
Why does low levels of adult literacy hold an LDC back from development?
Answer
  • Road signs cannot be constructed as people couldn't understand them - this means roads can't be built
  • Booksellers face a very low level of demand and are forced out of business
  • New technologies cannot be read about and taken advantage of

Question 6

Question
What characterises the shanty towns that many living in LDCs live in?
Answer
  • Solar panels on the houses
  • An absence of sewage systems
  • An absence of local government

Question 7

Question
What effect does increasing agricultural output have for an LDC?
Answer
  • It reduces dependence on outside food aid
  • It gives access to new markets
  • It provides more resources for education

Question 8

Question
What is the most important thing LDC governments should reduce spending on in order to drive growth?
Answer
  • Imports
  • Military
  • Snob Items
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