13. For a country where income per capita is growing by 2 percent per year, how many years will it take
for average incomes to double?
TOP: The Study of Development Economics MSC: Applied
SHORT ANSWER
IDs and Paired-Concept Questions
These terms can be used individually as short-answer identification questions, or they can be used in
pairs. In the latter case, ask students to explain (1) the meaning and significance of each of the two
terms and (2) the relationship between them.
1. Economic growth, economic development
ANS:
Answer will vary
2. Modern economic growth, modernization
ANS:
Answer will vary
3. Low-income countries, middle-income countries
ANS:
Answer will vary
4. North, South
ANS:
Answer will vary
5. Newly industrializing economy, transitional economy