Economic Development

Economic Development

1st Grade

10 Qs

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Economic Development

Economic Development

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1st Grade

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fairy beomjun

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is economic growth usually measured by?

Gross Domestic Product (GDP)

Human Development Index (HDI)

Population Reference Bureau (PRB)

Human Capital Index (HCI)

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Amartya Sen, what is development about?

Removing freedom from people

Creating obstacles for people

Promoting corruption in society

Creating freedom for people

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the world population predicted to grow to in the next 50 years?

7 billion

8 billion

10 billion

9 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the International Dependence Model popular for in the 1970s and early 1980s?

Promoting socialism

Arguing for underdevelopment due to dominance of developed countries

Encouraging free trade agreements

Advocating for capitalism

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Lewis' two-sector model focus on?

Government vs. Private Sector

Technology vs. Environment

Healthcare vs. Education

Agricultural sector vs. Industrial Revolution

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the central idea of Sustainable Development?

Exploiting natural resources for short-term gains

Improving quality of life while protecting the environment

Neglecting the environment for economic growth

Maximizing profits at any cost

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Robert Solow, what are the three factors of output growth?

Population growth, education quality, capital accumulation

Labour quantity, capital quality, technology advancement

Healthcare quality, education quantity, technology advancement

Labour quantity, capital accumulation, technology improvement

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