global economic development Mcqs
2. Which of the following are not third-world regions ?
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A. Asia

B. Australia

C. Africa

D. Latin America

3. Which of the following characteristics are most likely found in developing countries ?
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A. All of the above

B. very traditional methods of agricultural production

C. large number of people living in poverty

D. high population growth rates

5. Which of the following could not be considered a major economic system ?
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A. None of the above

B. communism

C. socialism

D. physical quality of life index

E. capitalism

6. Which country is not a transitional economy ?
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A. Mexico

B. Hungary

C. Russia

D. china

7. The poorest region of the World is ?
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A. Sub Saharan Africa

B. Latin America

C. the Middle East

D. Asia

8. Development economics focuses primarily on the poorest ______ of the worlds?
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A. population

B. two thirds

C. one third

D. 5 percent

E. 28 percent

9. Of the Worlds population what portion lives in developing countries ?
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A. nearly 1 billion people

B. approximately 35%

C. approximately 80%

D. nearly 10 billion people

10. Which of the following could be considered critical s in development economics ?
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A. All of the above are correct

B. How do the poorest 2/3 of the world live?

C. what factors affect labor skills in the third world?

D. What are the major theories of economic development