9 - Economic Growth & Development

Quiz
•
Professional Development
•
Professional Development
•
Medium
Mariam Khursheed
Used 7+ times
FREE Resource
13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____________ is focused on the accumulation of material resources.
It is an increase in real output of the country. Economic measures include GDP which is the measure of total goods and services produced in an economy within a given time
Economic Growth
Economic Development
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________________ is a narrower concept than economic development.
Economic Growth
Economic Development
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is an increase in a country's real level of national output.
which can be caused by
an increase in the quality of resources (by education etc.),
increase in the quantity of resources & improvements in technology or
in another way an increase in the value of goods and services produced by every sector of the economy.
Economic Growth
Economic Development
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
______________ can be measured by an increase in a country's GDP
Economic Growth
Economic Development
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_________________ does not consider the size of the informal economy. The informal economy is also known as the black economy which is unrecorded economic activity.
Economic Growth
Economic Development
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____________ does not consider the depletion of natural resources which might lead to pollution, congestion & disease.
Economic Growth
Economic Development
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
______________ is a necessary but not sufficient condition of economic development.
Economic Growth
Economic Development
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