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Economic development: Quiz


Question 1: From the oil fields which made ________ the 3rd fastest growing country in the world, to Zimbabwe the slowest growing and declining country in the world.
Guinea-BissauCape VerdeMozambiqueAngola

Question 2: ________ reached 75% growth in 2004 because of oil reserves.
GabonEquatorial GuineaGuinea-BissauCôte d'Ivoire

Question 3: The exogenous growth model (or neoclassical growth model) of ________ and others places emphasis on the role of technological change.
Milton FriedmanRobert SolowPaul SamuelsonGary Becker

Question 4: Some countries have negative growth, most often due to ongoing wars or ________.
HyperinflationDenomination (currency)Deutsche MarkUnited States dollar

Question 5: Economic development refers to social and ________.
Ancient technologyHistory of technologyIslamic Golden AgeTimeline of historic inventions

Question 6: Even so, in our postindustrial economy, economic development, including in ________ is now more and more based on innovation and knowledge.
Non-Aligned MovementNewly industrialized countryEmerging marketsNext Eleven

Question 7: Creating ________ is one of the strategies used.
Business parkBusiness clusterSkyscraperNew town

Question 8: Overall in the 20th century Asia was seen as the area with most growth; however, in the 21st century, most of this has been dominated by ________.
Time in ChinaReligion in ChinaProvince (China)China

Question 9: Economic development is the increase in the amount of people in a nation's population with sustained growth from a simple, low-income ________ to a modern, high-income economy.
MercantilismEconomyEconomicsKeynesian economics

Question 10: After the fall of the Soviet Union, there was a period of economic decline in ________ over the 1990s, followed by recovery in the 2000s.
Western EuropeCentral EuropeBalkansEastern Europe


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