Marvel rivals
1. What is economic development?
A. A rise in population
B. Increase in goods produced only
C. Total improvement in economic, social, political, and cultural aspects
D. Rise in taxes
C. Total improvement in economic, social, political, and cultural aspects
6. What is the difference between economic growth and economic development?
A. They are the same
B. Growth = more goods; Development = better quality of life
C. Growth = more taxes; Development = less taxes
D. Growth = pollution; Development = farming
✅ B. Growth = more goods; Development = better quality of life
2. In which stage are most people farmers, hunters, or fishers?
A. Take-off
B. Traditional Society
C. Drive to Maturity
D. Mass Consumption
B. Traditional Society
7. Which country is likely in the Age of Mass Consumption?
A. Japan
B. Ethiopia
C. Nepal
D. Laos
✅ A. Japan
3. Which of the following is a sign of the Take-Off stage?
A. People rely on barter trade
B. Government builds railroads and banks
C. Factories are growing, and cities are expanding
D. People buy luxury goods
C. Factories are growing, and cities are expanding
8. What happens if businesses ignore sustainable development?
A. Economy grows faster
B. Everyone gets richer
C. Resources like air and water get damaged
D. Future generations have more money
✅ C. Resources like air and water get damaged
4. What stage focuses on investment in infrastructure like schools and hospitals?
A. Mass Consumption
B. Drive to Maturity
C. Pre-condition to Take-Off
D. Take-Off
B. Drive to Maturity
9. In which stage does external demand for raw materials begin?
A. Pre-condition to Take-Off
B. Take-Off
C. Drive to Maturity
D. Mass Consumption
✅ A. Pre-condition to Take-Off
5. In the Mass Consumption stage, people have:
A. No access to electricity
B. Just enough for food, shelter, and clothing
C. High income but limited product choices
D. High income and many product choices
D. High income and many product choices
10. Which of the following is a responsibility of businesses in economic development?
A. Ignore environmental laws
B. Provide jobs and pay taxes
C. Avoid social programs
D. Focus only on profit
✅ B. Provide jobs and pay taxes