The Role of Institutions in Developing Countries

The Role of Institutions in Developing Countries

Assessment

Interactive Video

Business, Social Studies

11th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video explores the role of institutional frameworks in developing economies, focusing on legal and financial systems. It highlights the challenges of corruption, income inequality, and the limited role of women in these societies. The lack of effective legal and financial systems hinders economic development, leading to low investment and growth. Corruption exacerbates these issues, while income inequality creates social tensions. The video emphasizes the need for improved institutional frameworks to foster development.

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary role of an institutional framework in a developing economy?

To manage foreign investments

To create incentives for economic activity

To regulate international trade

To control inflation rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are property rights important in a legal system?

They ensure government control over assets

They provide incentives for asset development

They increase tax revenue

They limit foreign investment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common consequence of a weak legal system in developing countries?

Improved public infrastructure

Stronger property rights

Increased foreign investment

Higher levels of corruption

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor contributes to the prevalence of corruption in developing countries?

High levels of democracy

Strong legal accountability

Lack of freedom of speech

High politician salaries

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does corruption affect tax revenue in developing countries?

It stabilizes tax rates

It reduces tax revenue

It has no effect on tax revenue

It increases tax collection

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major challenge for the financial system in developing countries?

High savings rates

Low savings rates

Excessive foreign investment

Strong banking regulations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are savings rates typically low in developing countries?

Low individual incomes

Lack of banking facilities

High levels of disposable income

Government restrictions on savings

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