
Economic Growth and Development Quiz
Authored by Peter Kiplang'at
Business
12th Grade
Used 1+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between economic growth and economic development?
Economic growth focuses on improving living standards, while development only focuses on production.
Economic growth refers to an increase in national income, while development refers to improvement in living standards.
Economic development happens without economic growth.
Economic growth focuses on employment, while development focuses on exports.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a condition necessary for economic growth?
Adoption of modern technology
High population growth rates
Improved infrastructure
Aggressive marketing of a country's products abroad
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an indicator of economic development?
Low levels of literacy
High population growth
Shifting from reliance on agriculture to manufacturing
Lack of skilled labor
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic growth is measured in terms of __________.
Distribution of wealth
Annual changes in Gross National Product (GNP)
Literacy rates
Unemployment rates
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a characteristic of economic under-development?
High labor productivity
Well-developed infrastructure
High unemployment
High income levels
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major factor that hinders development?
High levels of entrepreneurship
Poor human resource endowment
Advanced technology
Strong natural resource endowment
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a goal of development?
Eliminate poverty
Increase disparity in income distribution
Improve the standard of living
Provide a conducive environment for technological advancement
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