Economics - Economic Problems of Developing Countries
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This is The MCQs of Economics
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Question 1 of 20
1. Question
The term Fourth World has been coined to describe:
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Question 2 of 20
2. Question
Developing countries, if compared with other countries, have:
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Question 3 of 20
3. Question
85% of the world’s population lives in developing countries and receives about ___ of the world’s income
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Question 4 of 20
4. Question
The developed nations have only about 15% of the world’s population, but they are estimated to consume ___ of the world’s output
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Question 5 of 20
5. Question
A policy of developing local industries that can compete with imports is referred to as:
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Question 6 of 20
6. Question
Many developing countries instituted import substitution policies because:
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Question 7 of 20
7. Question
The idea that suggests that poverty is self perpetuating because poor nations are unable to save and invest enough to accumulate the capital stock that would help them grow is:
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Question 8 of 20
8. Question
Which of the following factors has been suggest as an explanation for the lack of economic growth in many poor nations?
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Question 9 of 20
9. Question
Experiences over the last three decades has suggested that in order for economic development to occur, it is necessary for an economy to:
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Question 10 of 20
10. Question
One of the benefits of putting resources into agricultural projects is that:
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Question 11 of 20
11. Question
Low agricultural productivity in developing countries is mainly caused by:
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Question 12 of 20
12. Question
The policy that has been the most successful in increasing agricultural output in developing countries is:
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Question 13 of 20
13. Question
The main reason why land reform increase agricultural output is that is:
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Question 14 of 20
14. Question
Which of the following is NOT one of the problems facing most developing nations?
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Question 15 of 20
15. Question
When economists say that developing countries have a dualistic economy the 2 parts referred to are:
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Question 16 of 20
16. Question
Structuralist economists who study developing countries focus their attention on:
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Question 17 of 20
17. Question
Most of the Third World/Fourth World debt was incurred in:
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Question 18 of 20
18. Question
Debt-re-scheduling is
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Question 19 of 20
19. Question
An agreement between a borrower country and the International Monetary Fund in which the country agrees to revamp its economic policies to provide incentives for higher export earning and lower imports is a:
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Question 20 of 20
20. Question
When economists talk about developing countries experiencing flight of capital they means:
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