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Worksheets

Econ Dev

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is economic growth usually measured by?

a)

Gross National Income (GNI)

b)

Net National Product (NNP)

c)

Gross National Product (GNP)

d)

Gross Domestic Product (GDP)

2.

When was the Human Development Index introduced?

a)

1985

b)

1990

c)

2000

d)

1975

3.

According to the Population Reference Bureau, how long did it take for the global population to increase from 6 to 7 billion?

a)

5 years

b)

10 years

c)

15 years

d)

12 years

4.

What is the predicted world population growth in the next 50 years?

a)

10 billion

b)

7 billion

c)

8 billion

d)

9 billion

5.

What was the focus of the International Dependence Model popular in the 1970s and early 1980s?

a)

Underdevelopment due to dominance of developed countries

b)

Economic growth through technology

c)

Agricultural sector development

d)

Industrial revolution impact

6.

Who introduced the two-sector model focusing on labour movement from agriculture to industry?

a)

Chenery

b)

Lewis

c)

Robert Solow

d)

Amartya Sen

7.

What is the central idea of Sustainable Development?

a)

Ignoring social equity for economic prosperity

b)

Improving quality of life while maintaining natural resources

c)

Maximizing economic growth at all costs

d)

Neglecting the environment for short-term gains

8.

According to the Neoclassical Growth Model, what are the three factors of output growth?

a)

Labour quantity, capital accumulation, technology improvement

b)

Labour quantity, capital accumulation, technology innovation

c)

Labour quantity, capital quality, technology improvement

d)

Labour quality, capital accumulation, technology improvement

9.

What did Karl Marx argue for in terms of property ownership?

a)

State ownership

b)

Private ownership

c)

Corporate ownership

d)

Public ownership

10.

What is the GINI Coefficient used to measure?

a)

Income stability

b)

Income growth

c)

Income distribution

d)

Income inequality

11.

What is the Kuznets Ratio used to measure?

a)

Income stability

b)

Income growth

c)

Income distribution

d)

Income inequality

12.

What is the concept of Human Capital based on?

a)

Physical assets

b)

Skills and knowledge

c)

Social connections

d)

Financial resources

13.

What is the Dependency Burden related to in poor countries?

a)

Dependence on developed countries for market and capital

b)

Dependence on natural resources

c)

Dependence on foreign aid

d)

Dependence on technology

14.

What does the Rate of Return Approach in human capital management focus on?

a)

Employee training and development

b)

Workforce optimization

c)

Return on investment in employees' skills

d)

Employee motivation

15.

According to Adam Smith, what maximizes national output in a market economy?

a)

Regulation

b)

Monopoly

c)

Government intervention

d)

Competition