Tag: development and growth

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Questions Related to development and growth

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Economic development has become the central theme of economic thought in recent years.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Economic development refers to the development and growth of the economy in all terms which includes all aspects and has become a main and central theme of economic thought throughout the years.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Organic farming is the form of agriculture that uses ___________ as manure, and implements biological pest control.

  1. biocompose

  2. chemical fertilizer

  3. both A & B

  4. neither A nor B
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Organic farming refers to the farming where biocomposite known as death matter is used as manure and implements of biological pest control in agriculture to reduce soil and land pollution.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

The self-interest of the developed economies itself demands ___________ of the poor countries.

  1. exploitation

  2. development

  3. slow growth

  4. none of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In the context of global economic development, developed nations benefit from the growth and stability of poorer nations, as these countries become markets for goods and partners in global trade.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Natural resources and quality of environment, i.e, quality of air, water, and land, are common heritage for all generations.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The concept of sustainable development is rooted in the idea that natural resources are a common heritage and must be preserved for future generations.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Developed nations have realised that __________ anywhere is a threat to prosperity everywhere.

  1. poverty

  2. prosperity

  3. unemployment

  4. none of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Economic development refers to the development and growth of the economy in all terms which includes all aspects and has become a main and central theme of economic thought throughout the years. The developed economies deal with other underdeveloped economies. Therefore, these developed countries demand development of all the poor countries so that these countries can achieve higher prosperity. Moreover, these developed countries have understood that poverty anywhere in the world is a threat to prosperity everywhere. 

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Underdeveloped countries have undertaken policies for their economic development for which of the following purposes?

  1. Poverty eradication

  2. Achievement of economic power

  3. Global political standing

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Underdeveloped countries pursue economic development to address multiple goals, including poverty reduction, increasing their influence on the global stage, and building internal economic strength.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Efficient techniques should be used to make optimum use of resources so as to achieve sustainable development.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Sustainable development is defined by the efficient and responsible use of resources to ensure that current needs are met without compromising the ability of future generations to meet their own needs.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Economic growth stresses on _________ period of time, whereby the rise in per capita income must be sustained or prolonged.

  1. short

  2. long

  3. very short

  4. either A or C
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Economic growth is a long-term process. Short-term fluctuations in income do not constitute economic growth; it requires a sustained increase over an extended period.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

An increase in national income does not represent improvement in the standard of living, since, if increase in ___________ surpasses the growth in national income, the per capita income will fall.

  1. employment level

  2. population

  3. income level

  4. number of industries
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Per capita income is calculated as national income divided by population. If the population grows faster than the national income, the average income per person decreases, even if the total national income has risen.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

______________ is the process whereby the real per capita income of a country increases over a long period of time.

  1. Sustainable development

  2. Stable development

  3. Economic growth

  4. None of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Economic growth is specifically defined as the increase in a country's real per capita income over a long period of time.