Which is the LEAST developed region among the following?

• North America

• Eastern Europe

• Southwest Asia

• Western and Central Europe

• East Asia

Development is best defined as

• the process of improving the conditions of people by diffusing the American way of life.

• the process of improving the conditions of people by becoming a federal state.

• the process of improving the conditions of people through the diffusion of knowledge and technology.

• the process of improving the conditions of people by shifting the economic ideology from an entirely capitalist mode to a blended economy.

• the process of improving the conditions of people by improving diplomatic ties.

HDI is function of

• standard of living, education, and health.

• standard of living, environmental health, and democracy.

• education, health, and democracy.

• fair trade, sustainability, and education.

• low debt, education, and health.

The lowest HDI may be found in

• Europe.

• Central Asia.

• Sub-Saharan Africa.

• Latin America.

• Central America.

Gross domestic product (GDP) is the

• total value of the outputs minus inputs of goods and services produced in a country during a year.

• total value of exports of goods and services produced in a country during a year.

• total value of outputs of goods and services produced in a country during a year.

• total value of human capital development in a country during a year.

• total value of investments made in domestic and foreign sources of revenue during a year.

An example of a primary sector activity is

• education.

• manufacturing.

• banking.

• retailing.

• mining.

Processing of computer information is an example of which sector of the economy?

• sixth percentile

• primary and secondary

• primary

• tertiary

• the data sector

The secondary sector of the economy includes which of the following?

• data processing

• mining

• government

• construction

• banking

The primary sector of the economy includes which of the following?

• data processing

• beverage bottling

• government

• sheep herding

• banking

The value of a product minus the costs of raw materials and energy is

• gross domestic product.

• productivity.

• tertiary sector analysis.

• market value.

• value added.