Economic Growth and World Systems Quiz

How many stages are in Rostow's stages of economic growth?

• 3

• 4

• 5

• 6

Describe Wallerstein's World System.

• It is a theory that categorizes countries as core, periphery, and semi-periphery.

• It is a theory that explains the stages of individual economic development.

• It is a theory that focuses on the cultural aspects of development.

• It is a theory that outlines the political structure of developed nations.

What is the Human Development Index (HDI) a summary measure of?

• Economic growth and industrial development

• Key dimensions of human development: a long and healthy life, a good education, and a decent standard of living

• Political stability and government effectiveness

• Technological innovation and digital infrastructure

Which economic sector is primarily involved in extracting natural resources from the earth?

• Tertiary

• Quaternary

• Primary

• Secondary

What activities are included in the secondary economic sector?

• Marketing, retail, design

• Education, IT, banking

• CEOs, judges, politicians

• Manufacturing, construction

The tertiary economic sector is mainly concerned with which of the following?

• Selling and transporting products

• Research and transferring of knowledge

• Extracting natural resources

• Highest level of decision making

What does the quaternary economic sector specialize in?

• Farming, mining, fishing, forestry

• Processing resources into products

• Research and transferring of knowledge

• High-level decision making

Which sector is associated with the highest level of decision making, such as roles filled by CEOs, judges, and politicians?

• Primary

• Secondary

• Tertiary

• Quinary

Which stage of Rostow's Stages of Economic Growth is characterized by industrialization and growing investment?

• Traditional Society

• Pre-conditions for Takeoff

• Takeoff

• High Mass Consumption

What is the final stage of Rostow's Stages of Economic Growth?

• Drive to Maturity

• Pre-conditions for Takeoff

• Traditional Society

• High Mass Consumption