Measuring Economic Development

Countries are divided into two categories based on economic development: developing or developed nations.

• True

• False

GDP is one economic indicator of development. What does GDP stand for?

• Greater Developmental Produce

• Grand Domestic Population

• Gross Domestic Product

• Gross Development Purchase

Most people in developing nations earn their living by —

• farming.

• working in offices and companies.

• working in manufacturing

  industries.

• working in service industries.

Which of the following is most likely a characteristic of a developing country?

• Low employment rate

• High GDP

• High technology

These countries typically have simple, agriculture-based economies

• Developed countries
• Developing countries

Countries with strong infrastructure [transportation/ communication/ healthcare/ education systems] would be which level of economic development?

• Developed countries

• Developing countries

Countries in this level of economic development have most of their people living in rural areas.

• Developed

• Developing

Country with low literacy rate, low life expectancy, high unemployment.

• Developed

• Developing

Schooling not available to all citizens of country

• Developed Country
• Developing Country
• Neither one

What does the "Gross Domestic Product" measure?