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WorksheetsEconomic Development Using Economic Indicators
Total questions: 27
Worksheet time: 7hrs 45mins
Raw materials and natural resources are obtained in the __________ sector.
A.secondary
B.primary
C.tertiary
D.quaternary
More then 80% of the American workforce works in the __________ sector.
A.secondary
B.primary
C.tertiary
D.quaternary
Which of the following is not a form of physical capital?
A.buildings
B.training
C.machines
D.tools
Gross domestic product is used to measure a country’s total __________.
A.costs
B.welfare
C.production
D.population
A developed country has a GDP of at least _____.
A.$15,000
B.$25,000
C.$30,000
D.$40,000
Which of the following is considered a developed country?
A.China
B.Russia
C.Brazil
D.Australia
What opportunities do technological developments provide in developing countries?
(a)
Which of the countries in the table above had the most developed economy in 2009? Explain your answer.
(a)
Highly developed economies are dominated by jobs in the __________ sector.
A. primary
B. secondary
C. tertiary
D. quaternary
Using complete sentences, explain the differences between developed and developing countries in the following areas: GDP per capita, the dominant sector(s) in the economy, and the standard of living for most of the people in the country.
(a)
Use an example to explain how investing money in better physical capital (machine, buildings, tools, and equipment) can help a country increase its GDP.
(a)
Jobs focused on obtaining natural resources or raw materials are part of the __________ economic sector
A. primary
B. secondary
C. tertiary
D. quaternary
Jobs focused on providing services are part of the __________ economic sector.
A.primary
B.secondary
C.tertiary
D.quaternary
Which of the following is not a characteristic of a least-developed economy?
A.most workers are in the tertiary sector
B.a very low GDP per capita
C.a lack of basic resources
D.a high level of poverty
A country’s gross domestic product measures __________.
A.the level of education reached by most citizens
B.the number of different products sold by the country’s businesses
C.the total number of government construction projects completed each year
D. the value of all final goods and services produced within a country in a given year
How does improving technology in primary and secondary sector jobs lead to more workers in the tertiary sector?
(a)
Use an example to explain why economists measure a country’s economic development by its GDP per capita rather than its total GDP.
(a)
What is gross domestic product?
The total dollar value of a country’s goods divided by the country’s population.
The level of comfort the average person in a country can reasonably afford.
The measure of a country’s economic health, social conditions, and standard of living.
The total dollar value of all the final goods and services produced within a country’s borders in a given year.
Least-developed economies are dominated by jobs in the __________ sector.
A.primary
B.secondary
C.tertiary
D.quaternary
Some benefits of using __________ on farms instead of human labor are that work can be done much more quickly and the cost of production usually is decreased.
GDP
technology
a standard of living
economic sectors
Which continent has the greatest number of least-developed countries?
Asia
Africa
Europe
South America
Experts who study a country’s development measure the __________.
level of worker satisfaction
quality of goods produced and sold
cost of the technology used by the primary sector
economic health, social conditions, and living conditions
Read the sentence below and answer the question that follows.
Each economic sector plays a vital role in a nation’s economy.
The word underlined in the sentence above is best defined as __________.
decision
activity
dollar
part
Andy is the captain of a fishing boat. In which economic sector does he work?
primary
secondary
tertiary
quaternary
A country’s gross domestic product divided by its population is known as __________.
GDP per capita
standard of living
an economic sector
measurement of growth
Read the passage below and answer the question that follows.
Let’s say the average GDP per capita for the world’s countries is $10,500. The GDP per capita of Country A is $8,000. Most of the workforce is employed in either primary or secondary sector jobs.
What is most likely about Country A’s economic development?
Country A has a developed economy.
Country A has a developing economy.
Country A has a least-developed economy.
We can tell nothing about the economic development of Country A.
Read the passage below and answer the question that follows.
Let’s say the average GDP per capita for the world’s countries is $10,500. The GDP per capita of Country B is $10,000. The majority of the workforce is in tertiary-sector jobs.
What is most likely about Country B’s economic development?
Country B has a developed economy.
Country B has a developing economy.
Country B has a least-developed economy
We can tell nothing about the economic development of Country B.
