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Economic

Authored by Ahctun lizz

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12th Grade

Used 6+ times

Economic
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economic development is important to help poverty, because?

Governments helping to develop schools and hospitals help local government

Poverty can cause social discontent and political trouble

The process of trading with lower income countries helps GPP

low-income national economies are transformed into low performing economies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

43% of the people in developing countries live below the poverty line. What is the poverty line?

line that well financed do not cross

People living $1.25/day

People living $ 12.50/day

People living in with their families in a 5 bed house

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Developed industrial nations need a steady supply of?....

Cheap professional labor

important raw materials from the developing nations,,

a less competitive trading system

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the stages of Economic Development is?......

Jump off

Average equilibrium

Take off

Matrix EquilibriumYou

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During semi development the 4th stage of economic development. During this stage:

This leads to average per capita income.

This leads to lower per capita income.

Governments look to improve trading between new industries

This leads to higher per capita income.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

High development is the last stage of economic development, this is when?.

Most people have negotiated with the government their demands

Mature service and manufacturing industries decrease at this stage.

Most people have met their basic needs and wants.

Advance services and manufacturing diminishes

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Limited natural resources can also hold back economic growth.

Sometimes

False

True

Hard to say

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