Economic Development and Sustainability Quiz

What is the key difference between economic growth and economic development?

• Economic growth focuses on quantity while development focuses on quality
• Economic growth is slower than development
• Economic development only occurs in developed countries
• Economic growth is more important than development

Which of the following is NOT a characteristic of economic development?

• Improved education
• Better healthcare
• Increased life expectancy
• Higher GDP without fair distribution

What does the concept of 'sustainable development' emphasize?

• Rapid economic growth at any cost
• Meeting present needs without compromising future generations
• Focusing only on environmental protection
• Maximizing short-term profits

Which index considers factors such as health, education, and material wellbeing to measure quality of life?

• Human Development Index (HDI)
• Gross Domestic Product (GDP)
• Physical Quality of Life Index (PQLI)
• Consumer Price Index (CPI)

What is a limitation of using the Human Development Index (HDI) to measure economic development?

• It only considers income
• It doesn't account for environmental factors
• The weights used for different items are arbitrary and vary between societies
• It overemphasizes education

Which of the following is NOT a requirement for economic development according to the text?

• Indigenous base
• Socio-cultural change
• Structural change
• Isolationist policies

Why is population control considered important for economic development?

• To increase unemployment
• To reduce dependency burden and encourage capital accumulation
• To decrease technological innovation
• To limit cultural diversity

Which of the following scenarios represents economic growth without corresponding economic development?

• Increased GDP with improved healthcare
• Higher production of goods with no improvement in quality of life
• Rising literacy rates and life expectancy
• Equitable distribution of increased national income

What is a key characteristic of underdeveloped economies?

• High level of industrialization
• Low rate of population growth
• Political stability
• High level of illiteracy

Which of the following is NOT mentioned as a cause of underdevelopment?

• Poor planning
• Limited resources
• Colonial heritage
• Advanced technology