Development key terms

Which term means having less than $1.25 to live on?

• Absolute poverty

• Relative poverty

• Supreme poverty

• Utter poverty

What is the name for an arable product grown to sell for profit?

• Cash crop

• Security crop

• Finance crop

• Stock crop

What is the term for money you need to start a business before any profit is generated?

• Capital investment

• Initial investment

• Head investment

• Pre-fund investment

What is the Q in PSTQ?

• Quaternary

• Quatarnary

• Quaternery

• Quatarnery

Which three form part of the HDI which is a compound indicator?

• Life expectancy

• Adult literacy rate

• Birth rate

• GDP per capita

Which term describes a farmer who can only grow enough food to feed their family, with little left to sell for profit?

• Subsistence

• Subsustence

• Subsistance

• Subsustance

Which two regions tend to form the bulk of the UN's LDC (least developed countries) list?

• Landlocked African countries

• Remote Oceania island nations

• Volcanic countries

• Equatorial nations

Which term means it's cheaper per unit to mass produce items so countries with large manufacturing regions can out compete cottage industries?

• Economies of scale

• Economies of market

• Economies of scope

• Economies of production

Which term means that rural areas benefit from investment in urban cores indirectly as the government has more tax money and skills are gained?

• Backwash effect

• Counterurbanisation

• Comparative advantage

• Regional variation

What is the correct definition of fertility rate

• The number of children per woman aged 15-49

• The number of children per man aged 15-49

• The number of children per adult aged 15-49

• The number of children per married couple aged 15-49