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Economics Mcqs 4423 MCQs [All-Courses]

Economics MCQs cover fundamental concepts of microeconomics and macroeconomics, including demand and supply, inflation, national income, and economic policies.
This section is designed to strengthen analytical skills and conceptual understanding for competitive examinations.
Highly useful for PPSC, FPSC, NTS, OTS, KPPSC, and other testing services preparation.

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

Review Detailed Answer

Correct Answer: All of the above are correct

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

Review Detailed Answer

Correct Answer: Japan

The poorest region of the World is ?

A the Middle East

B Sub Saharan Africa

C Asia

D Latin America

Review Detailed Answer

Correct Answer: Sub Saharan Africa

Which of the following countries are not newly industrialized countries (NICs) ?

A Taiwan

B North Korea

C Singapore

D Hong kong

Review Detailed Answer

Correct Answer: North Korea

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

Review Detailed Answer

Correct Answer: All of the above

Which of the following could not be considered a major economic system ?

A capitalism

B physical quality of life index

C socialism

D communism

Review Detailed Answer

Correct Answer: physical quality of life index

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

Review Detailed Answer

Correct Answer: approximately 80%

Development economics focuses primarily on the poorest ______ of the worlds?

A population

B two thirds

C one third

D 28 percent

Review Detailed Answer

Correct Answer: population

Which country is not a transitional economy ?

A china

B Russia

C Hungary

D Mexico

Review Detailed Answer

Correct Answer: Mexico

Which of the following are not third-world regions ?

A Latin America

B Asia

C Africa

D Australia

Review Detailed Answer

Correct Answer: Australia

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

Which of the following could be considered critical s in development economics ?

In which of the following countries would you expect material lifestyles to be most like those in the United States ?

The poorest region of the World is ?

Which of the following countries are not newly industrialized countries (NICs) ?

Which of the following characteristics are most likely found in developing countries ?

Which of the following could not be considered a major economic system ?

Of the World’s population what portion lives in developing countries ?

Development economics focuses primarily on the poorest ______ of the worlds?

Which country is not a transitional economy ?

Which of the following are not third-world regions ?