Development and Economic Growth Quiz

What is development in economics?

• The process of growth or change from one condition to another

• The process of individual survival in a traditional economy

• The reliance on agriculture and raw materials in developing countries

• The use of advanced technology in developed countries

Which of the following is an example of a traditional economy?

• Luxembourg

• The Masai people in Kenya

• Singapore

• The Inuit people in Alaska, Canada, and Greenland

What do developing countries often rely on?

• Agriculture and raw materials

• Industrialization and advanced technology

• Exports and electrification

• Manufacturing and the service sector

What does the gross national income (GNI) per capita measure?

• The life expectancy of a population

• The literacy rates in developed countries

• A country's level of development

• The unemployment rate in developing countries

Which country has the highest GNI per capita?

• Singapore

• The United States

• Luxembourg

• Japan

What is a sign of a high level of development?

• A large population under 15 years old

• Low literacy rates

• High unemployment rate

• Industrialization and advanced technology

What is the average life expectancy in Japan?

• 34,760 years

• 48,000 years

• 69,390 years

• 83.7 years

Which age group typically has the largest population in developed countries?

• 15-64 years old

• Under 15 years old

• 25-54 years old

• Over 65 years old

What does a high unemployment rate indicate?

• A high poverty rate

• A higher level of economic development

• A lower level of economic development

• A large middle class

What is a characteristic of developed countries?

• Low agricultural output

• Reliance on subsistence farming

• A large population living in poverty

• A large middle class