Unit 7 Quiz

Which of the following development schools of thought advocates the best strategies for development are the use of micro loans for women and the poor, small-scale community based projects, and resource conservation?

• Neoliberal Counterrevolution.

• Modernization.

• Appropriation.

• Dependency.

• Sustainable Development.

Which stage of the classic Demographic Transition Model (DTM) is most associated with the industrialization of a country's economy?

• Stage II.

• Stage III.

• Stage IV.

• Stage I.

• Stage V.

Which set of data best describes the overall structure of a highly developed country's workforce (% of workforce engaged in each sector)?

• Primary 75%, secondary 15%, tertiary 10%

• Primary 25%, secondary 50%, tertiary 25%

• Primary 33%, secondary 33%, tertiary 34%

• Primary 10%, secondary 30%, tertiary 60%

• Primary 50%, secondary 25%, tertiary 25%

The total value of the output of goods and services in a year in a country is its

• productivity index.

• primary economic sector.

• gross domestic product.

• gross national income.

• value added.

Core-periphery models are generally based on the idea that

• levels of social and economic development are fairly uniform between core areas and peripheral areas

• the economic and social heart of a territory should be at its geographic center

• all world regions are equally well developed

• sharp spatial contrasts in social and economic development exist between economic heart-lands and outlying subordinate areas

• the growth and prosperity of core countries has not been achieved at the expense of peripheral countries

During the 1800s Industrial Revolution, the most important fuel source for manufacturing was

• nuclear

• solar

• hydro-electric

• coal

• oil

Gender inequality is a challenge to development because

• it excludes all women from both the formal and informal economy

• it is associated with higher literacy rates and lower infant mortality rates

• men are responsible for all economic development in impoverished areas

• it leads to larger family sizes

• it greatly enhances the economic and social mobility of women

According to Rostow's development model, the process of development begins when

• an elite group initiates innovative activities

• workers become more skilled and specialized

• take-off industries achieve technical advances

• a high percentage of national wealth is allocated to nonproductive activities

• banking institutions are sufficiently mature

Which of the following explains the degree to which deindustrialization and the rise of service economies have affected population and income across scales in Detroit and in the state of Michigan overall?

• Loss of manufacturing and related service-industry jobs has affected the city of Detroit, but the Detroit metropolitan area has experienced service-industry income growth.

• Loss of manufacturing and related service-industry jobs has affected many communities across the state, but there has been some improvement in service-industry employment in the city of Detroit.

• Loss of manufacturing and related service-industry jobs and income has affected communities equally across the state.

• Loss of manufacturing and related service-industry jobs has affected the Detroit metropolitan area, but the city of Detroit has experienced service-industry income growth.

• Loss of manufacturing and related service-industry jobs has affected the Detroit area, but there has been a small improvement in service-industry income growth in other parts of the state.

Which of the following best explains a trading relationship between two countries based on comparative advantage?

• One country exports raw materials and the other country exports manufactured goods, resulting in a global economic balance.

• One country implements tariffs on goods that are imported from another country because the importing country will benefit from profits on the sale of the goods.

• Each country exports the same type of good because the countries are similar in terms of natural resources and labor costs.

• Two countries trade in luxury items, but the volume of trade is limited by the highest cost of long-distance trade.

• Each country specializes in the type of good for which it has the lowest opportunity cost, resulting in a higher global output of both types of goods.