Economic Growth, Development, and Underdevelopment Quiz

What is the primary measure of economic growth?

• GDP per capita
• Real GDP
• Life expectancy
• Literacy rate

Which of the following is NOT a factor of economic growth?

• Natural resources
• Political stability
• Cultural traditions
• Technological advancement

What does the Production Possibility Frontier (PPF) illustrate?

• Economic development
• Economic growth
• Underdevelopment
• Poverty reduction

Which theory suggests that all sectors of an economy should grow simultaneously?

• Balanced growth theory
• Unbalanced growth theory
• Big push theory
• Dependence theory

What is a key characteristic of underdevelopment?

• High GDP
• Low life expectancy
• Advanced technology
• Political stability

Which strategy emphasizes investment in a few key sectors?

• Balanced growth
• Unbalanced growth
• Big push
• Dependence

What is the main focus of sustainable development?

• Economic growth
• Social equality
• Environmental protection
• All of the above

Which of the following is a benefit of economic growth?

• Increased unemployment
• Environmental degradation
• Improved BOP position
• Loss of leisure

What is the primary goal of Vision 2050 in Rwanda?

• Achieving high mass consumption
• Becoming a high-income country
• Reducing population growth
• Increasing agricultural output

Which of the following is a characteristic of developed economies?

• High illiteracy rate
• Low GDP
• High urbanization
• Political instability