CHAPTER 56
Development
MULTIPLE CHOICE
649. The region of the world with the lowest per capita Gross National income in 2005 was
a. Latin America and the Caribbean
b. Middle East and North Africa
c. East Asia and Pacific
d. South Asia
650. Excluding China, the
is
a. Indonesia
b. Japan
c. Vietnam
d. Philippines
651.
a. Pakistan and Bangladesh
b. Afghanistan and Pakistan
c. Sri Lanka and Nepal
d. Afghanistan and Bangladesh
652.
a. Iraq and Iran
b. Iran and Egypt
c. Egypt and Morocco
d. Iraq and Israel
653. -Saharan
a. Nigeria
b. Ethiopia
c. Democratic Republic of the Congo
d. Tanzania
654.
a. Mexico and Colombia
b. Colombia and Argentina
c. Argentina and Peru
d. Peru and Venezuela
655.
a. a country endured military occupation, political domination and economic exploitation by
another country.
b. a country endured political domination and economic exploitation by another country.
c. a country endured economic exploitation by another country.
d. a country entered into an alliance with another country
656.
a. a country endured military occupation, political domination and economic exploitation by
another country.
b. a country endured political domination and economic exploitation by another country.
c. a country endured economic exploitation by another country.
d. a country entered into an alliance with another country
657. The peak period of colonialism occurred
a. during the 14th century.
b. between 1790 and the US Civil War.
c. between 1890 and World War II.
d. between World War II and the Vietnam War
658. A colonial economic pattern is characterized by
a. import of raw materials and export of manufactured goods.
b. import of manufactured goods and export of raw materials.
c. little or no international trade.
d. import of raw materials and export of food.
659. ed as
a. amount of the national product that remains unsold at the end of the year
b. the difference between total government revenues and government expenditures.
c. the difference between exports and imports.
d. the difference between the total national product and the minimum necessary to sustain
the population.
660. Progressives argue that the national surplus in less developed countries is
a. used primarily for large infrastructure projects such as roads and hydroelectric dams.
b. absorbed by the local elite for entrepreneurial activities in the domestic economy.
c. absorbed by the local elite for nonproductive purposes such as conspicuous consumption.
d. used by foreign corporations to develop industries and provide employment for the local
population.
661. Conservatives argue that underdevelopment is caused primarily by
a. the misguided policies of international organizations such as the International Monetary
Fund and the World Bank.
b. irresponsible actions of transnational corporations.
c. corrupt and inept actions taken by the governments of less developed countries.
d. lack of sufficient population growth.
662. A crucial problem for some less developed countries is debt consisting of
a. loans by international organizations such as the United Nations and the International
Monetary Fund to governments of less developed countries.
b. loans by banks in advanced countries to governments of less developed countries.
c. increasing credit card and other short term debt among consumers in less developed
countries.
d. loans by governments of advanced countries to governments of less developed countries.
663. In the 60 years since the end of World War II, the gap between average incomes in less
developed countries and average income in the advanced countries has
a. remained about the same.
b. increased.
c. decreased.
d. disappeared.
664. Real GDP per capita has been criticized as an indicator of economic development because
a. it does not account for size of population.
b. it does not account for income distribution.
c. it does not account for consumer spending.
d. it does not account for inflation.
665. Why is there so little domestic production of goods for the population in many less
developed countries?
a. because the majority of the many less developed countries would rather purchase
imported goods.
b. because there is a shortage of labor available to work in factories in many less developed
countries.
c. because the majority of the population does not have the income to purchase many
manufactured goods.
d. because the International Monetary Fund requires many developed countries to increase
their imports.
666. Since the 1970s, how has globalization affected Latin America?
a. foreign investment in this region has remained approximately the same. .
b. there has been a significant increase in foreign investment.
c. there has been a significant decrease in foreign investment.
d. foreign investment has been prohibited in most Latin American countries.
APPENDIX 56.1
Effects of Militarism on U.S. Development
MULTIPLE CHOICE
667. Aside from military industries, how do most global corporations fare during wartime?
a. most global corporations make higher profits during wartime.
b. most global corporations make higher profits during peacetime.
c. war has no impact on the profits of most global corporations.
d. most global corporations make no profit at all during wartime.
668. What is the economic impact of war on the economy?
a. increased military spending creates jobs in the short run, but reduces economic growth in
the long run.
b. increased military spending creates jobs in the short run and in the long run.
c. increased military spending reduces economic growth in the short run, but increases
economic growth in the long run.
d. increased military spending reduced economic growth in the short run and in the long
run.