Economic Development and Employment Structure

According to the Rostow model, which stage of economic development is characterized by a shift towards industrialization and a growth in the manufacturing sector?

• Traditional society

• Pre-conditions for take off

• Take-off stage

• Drive to maturity

In the age of high mass-consumption, what happens to the importance of manufacturing?

• It increases

• It decreases

• It remains the same

• It becomes irrelevant

What can influence a country's employment structure according to the text?

• Technology transfer

• Transnational corporations

• Foreign direct investment

• All of the above

Which country has experienced rapid industrialization and economic growth due to the influx of FDI and the growth of TNCs?

• China

• Philippines

• India

• None of the above

What has driven the growth of the service sector in the Philippines?

• Outsourcing of call centers

• Outsourcing of manufacturing

• Outsourcing of agriculture

• Outsourcing of technology industries

Which sector has grown rapidly in India due to the outsourcing of IT and business services?

• Agriculture

• Manufacturing

• Service

• Technology

What has facilitated the access to global markets for some countries?

• Technology transfer

• Trade liberalization policies

• Flows of capital

• All of the above

Which stage of economic development is characterized by agriculture dominating the economy?

• Traditional society

• Pre-conditions for take off

• Take-off stage

• Drive to maturity

What can result in a more diverse employment structure in developing countries?

• Introduction of advanced technologies

• Investment from TNCs

• FDI

• All of the above

During which stage of economic development does the service sector become a dominant source of employment?

• Traditional society

• Pre-conditions for take off

• Take-off stage

• Drive to maturity