Economic Development
Population
Differences in Economic Development between countries
International Specialisation
100
What is the most popular measure of the difference in living standards between countries?
a. average price level
b. real GDP per head
c. the size of the population
d. the value of the currency
b. real GDP per head
100
The act of leaving a country to live in another country is called ______________________
Emigration
100
Which of the following is not a problem facing economies with relatively low economic development?
a. High population growth
b. High levels of international debt
c. reliance on the export of primary products
d. high GDP growth rate
d. High GDP growth rate
100
Generally, it is thought that international specialisation and trade increases efficiency and economic welfare.
True / False
True
200
What is most likely to cause an increase in a country's standard of living?
a. a fall in the school leaving age
b. a fall in the size of the labour force
c. a rise in the level of pollution
d. a rise in the number of doctors per head of the population
b. A fall in the size of the labour force
200
The following factors influence population growth except:
a. immigration
b. income per head
c. death rate
d. net immigration
b. income per head
200
The vicious cycle of poverty suggests that people with low income tend to have low productivity.
True / False
True
200
Which of the following combinations isn't true about what a country specialises in?
a. Ghana ---- Cocoa
b. Thailand ---- Rubber
c. Venezuela ---- Oil
d. China ---- Timber
d. China ---- Timber
300
What may cause an unequal distribution of income?
a. an increase in the national minimum wage
b. an increase in the state benefits
c. a reduction in the top rates of tax
d. a reduction in unemployment
c. A reduction in the top rate of tax
300
A diagram showing the age and gender structure of a country's population is known as __________________
Population Pyramid
300
The following are the causes of differences in economic development between countries except:
a. Differences in incomes per head
b. Differences in saving due to differences in income per head
c. Differences in population size
d. The percentage of males to females in the population
d. The percentage of males to females in the population
300
What country has the absolute advantage in the production of shoes? Explain why.
Vietnam.
This is because its total output her worker is higher than that of China. China produces 50 units per worker per hour while Vietnam produces 100 units per worker.
400
Define absolute poverty.
A condition where people's income is too low to enable them to meet their basic needs.
400
List two benefits of an increasing population in a country:
a. ___________________________________
b. ___________________________________
a. Increase in the size of the market
b. A rise in the size of the labour force
c. increase in factor mobility
400
Draw the vicious cycle of poverty
400
You are really lucky. You get this point for free. Hurray!!!
If it's a lady that picked this question, double the point.
500
Analyse how a rise in labour productivity can increase living standards.
An increase in output per worker per hour increases the number of goods available for consumers to choose from. As a result of the increase in choices, consumers tend to enjoy better prices hence an increase in the standard of living of the people
500
The Population Reference Bureau (PRB) forecast in 2016 that India's population will become the world's most populous nation by 2050. It projected that China's will fall from 1,37billion to 1.34 billion, whilst India's will increase from 1.27billion to 1.71 billion. The projections were based on infant mortality rate, life expectancy, fertility rates, age structure, contraception and AIDS rates.
a. Identify the factors influencing population size, not mentioned in the passage.
Net Migration
500
Foreign is more likely to promote economic development if it is multilateral, untied, and takes into account the needs and __________________ of the recipient.
Economic conditions
500
Explain two differences between International Trade and Internal Trade.
Great Job