Developed and Developing Countries

Which of these factors are NOT responsible for the regional variability of economic development.

• Geographical

• Historical

• Cultural

• Futuristic

Select the variables IS NOT part of a country's economy.

• Money

• Trade

• Goods

• Imagination

Select which of the following options is NOT one of the comparative qualities of more and less economically developed countries.

• Economic growth

• Factors of production

• Living conditions

• Life expectancy

• Flag colour

Select which of the following development categories Australia sits within.

• Newly industrialised country.

• More economically developed country.

• Emerging economy.

• Less economically developed country.

A country undergoing rapid ​ (a)   and economic growth is known as a newly ​ (b)   country. A country with similar characteristics but also experiencing ​ (c)   social and monetary challenges is known as an ​ (d)   economy.

• modernization
• industrialized
• political
• emerging

Select the three factors which help create an environment for economic development.

• Factors of production

• Historical, cultural and

  geographical factors.

• Civil war

• Institutions

• Small population size

Select the option that IS NOT recognized as a key indicators of development.

• Economic Growth

• Equity and social justice

• Basic Needs

• Annual rainfall