Flashcards
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2 Text answers
10 Multiple-choice answers
Countries tend to be cassified as more or less develepod bades on:
the literacy rate
the poverty rate
the level of income per capita
the types of goods they produce
Wich ot the following demonstrates international interdependecs?
the oil shocks
the debt crisis
global warming
all of the above
A subsistence ecomomy is?
a very low income economy
an economy in which people make what they consume
an economy in which people receive food for pay
all of the above
Developed economics is the study of the?
alleviation of absolute poverty
transformations of institutions
allocation of resources in developing countries
all of the above
Development economics must have a scope wider than traditional economics because
valus and attitudes play little role in the pace of development
people in developing societies do less utility-maximizing
transformation of social institutions is necessary for development
all of the above
A good definition of the meaning of development is the
eliminations of absolute poverty
improvement in the quality of life
fulfillment of the potential of individuals
all of the above
Wich of the following is not an important objective of development?
increase in per capita income
the expansion of available choices
increases in individual and national self-esteem
all of the above are important objectives of development
The Millennium Development Goals include
eliminating the proportion of people living on less than $1 per day
universal primary education
increasing exports by one half
all of the above
