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1) Which of the following could be considered critical s in development economics ? a. How do the poorest 2/3 of the world live? b. What are the major theories of economic development c. what factors affect labor skills in the third world? d. All of the above are correct
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2) In which of the following countries would you expect material lifestyles to be most like those in the United States ? a. Nigeria b. Japan c. India d. Mali
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3) The poorest region of the World is ? a. the Middle East b. Sub Saharan Africa c. Asia d. Latin America
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4) Which of the following countries are not newly industrialized countries (NICs) ? a. Taiwan b. North Korea c. Singapore d. Hong kong
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5) Which of the following characteristics are most likely found in developing countries ? a. high population growth rates b. large number of people living in poverty c. very traditional methods of agricultural production d. All of the above
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6) Which of the following could not be considered a major economic system ? a. capitalism b. physical quality of life index c. socialism d. communism e. None of the above
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7) Of the World’s population what portion lives in developing countries ? a. approximately 35% b. approximately 80% c. nearly 10 billion people d. nearly 1 billion people
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8) Development economics focuses primarily on the poorest ______ of the worlds? a. population b. two thirds c. one third d. 28 percent
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9) Which country is not a transitional economy ? a. china b. Russia c. Hungary d. Mexico
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10) Which of the following are not third-world regions ? a. Latin America b. Asia c. Africa d. Australia
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