HIST 151 - Wk 4 Quizizz

The acronym GDP stands for Gross ________ ________.

(a)  

The 3 categories of indicators are

• Coincidental

• Leaping

• Leading

• Lagging

In a traditional/agrarian economy, which sector usually employs the most people?

• Primary

• Secondary

• Tertiary

• Quaternary

In a highly developed economy, which economic sector usually provides the most value add to GDP?

• Primary

• Secondary

• Teritiary

• Quaternary

In the Rostow development model, how many stages of growth are there? (use a # to answer)

(a)  

A doctor works in which sector of the economy?

• Primary

• Secondary

• Tertiary

• Quaternary

Traditional handicrafts (like producing knitting a krama or making jewelry) are part of what sector of the economy?

• Primary

• Secondary

• Tertiary

• Quaternary

The (a)   of production include land, labor, capital, and entrepreneurialism (human capital).

Property rights only apply to physical or tangible goods.

• True

• False

Karl ____ wrote the Communist Manifesto.

• Marks

• Marx

• Darks

• Darx