Economic Growth Quiz 15 (25 MCQs)

Quiz Instructions:

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1. What is the Transcontinental Railroad?

2. Which country's economy has the most government control out of all the countries in the world?

3. Water, fish, and trees are all examples of _____

4. How is the economic growth of a country measured?

5. Income that we don't spend or not used for consumption

6. The knowledge and skills of the people in the workforce within a country

7. Which of the following is not part of an import substitution development strategy?

8. What negative effect did gold and silver mining have on the West?

9. Which government agency is responsible for creating plans for and coordinating economic development across all sectors?

10. The knowledge, skills, and relative health of a nation's labor force/

11. What do we use National Income for?

12. In Australia, what is the proportion of investment (I) in national income?

13. What is export led growth?

14. What does HDI look at?

15. Define "economic growth" . What is the meaning of Economic Growth?

16. What is GDP per capita?

17. What is one potential advantage of achieving strong and sustainable economic growth?

18. You don't need formal education to develop your human resources.

19. Why might supply-side policies alone not solve the problem of deficient aggregate demand during a recession?

20. A skill is an area of expertise or the ability to carry out specific job functions.

21. How many parts is the General Assembly divided into?

22. Which of these examples would describe growth due to technology?

23. What is the term for a good that is impossible to prevent people from accessing?

24. What is a concern related to tied aid in developing countries?

25. Which South Africa president primarily focus on economic growth?