Economic Development

....... are long-term changes in systems of production and distribution of goods and services that affecting human welfare. 

• Economic Growth

• Economic Development

• Economic System

• Circular Flow

The Presidential Palace of Ibukota Negara Nusantara (IKN) - East Kalimantan is example of ....

• Economic development

• Economic Growth

• Economic Circular Flow

• Economic policy

The Difference between Economic Growth and Economic development are ......

• Economic development is single dimension for example economic activities, & economic growth is multiple dimension (social, environment & politic)

• Economic growth is possible without development & economic development is gradual & steady change

• Economic development is single dimension & economic growth is qualitative change (all sectors)

• Development relate to growth of human capital indexes & economic growth focus on product

The 5 pillars of economic development are ....

• Education, tourism, product, demand & policy

• Environment, education, economic system, transportation & IT

• Health, environment, tourism, economic system &IT

• Health, education, amenities, environment, IT/Transportation

Which of the following gave Mexico the biggest boost to its economy?

• Silver

• GAFF

• Oil

• NAFTA

How would you describe a newly industrialized country?

• A country characterized by large industrial and service sectors with high levels of gross national product

• A country that has begun transitioning from primarily agricultural to primarily manufacturing and industrial activity

• A country that is characterized by agriculture and they barter instead of use money

Compared with more-developed countries, which of the following statements is true of less developed countries?

• A higher percent of the labor force is engaged in food production .

• The population pyramids exhibit narrower bases .

• The per capita consumption of energy is higher .

• The natural increase of the population is lower .

.As a country develops, a decreasing percentage of its workers are involved in —

• Primary economic activities

• Secondary economic activities

• 1. Tertiary economic activities 

• Quaternary economic activities

a country that has a highly developed economy and advanced technological infrastructure relative to other less developed nations

• Less Developed Country

• Developing Country

• More Developed Country

Which is the correct definition of a developed country?

• A country with a well established economy and infrastructure. Typically with a high HDI

• A country with a well established economy and infrastructure. Typically with a low HDI

• A country without a well established economy and infrastructure. Typically with a high HDI

• A country with a poorly established economy but well established infrastructure. Typically with a high HDI