Urban migration is causing the labour force in LDCs to grow at what annual rate?
Correct answer D. 5-7%
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Agriculture MCQs
Page 6 of Agriculture multiple-choice questions with answers. Tap an option to check yourself.
Page 6 of 135
What term describes people, rural or urban, who work less than they could?
Correct answer A. Underemployment
In developed countries, children make up roughly what percentage of the total population?
Correct answer B. 21 %
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What proportion of the population in less developed countries (LDCs) is urban?
Correct answer D. 36%
What share of the labour force is engaged in agriculture in economically developed nations?
Correct answer D. 5%
Roughly what proportion of the population in less developed countries (LDCs) lives in rural areas?
Correct answer C. 65 %
In richer nations, roughly what percentage of dependents are children?
Correct answer D. 66%
In less developed nations, what share of the population makes up the economic dependency burden?
Correct answer D. 45% of the population
What is the yearly number of live births per 1,000 people termed?
Correct answer D. Crude birth rate
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Which concept assumes economic rationality and a purely materialistic, individualistic and self-interested approach to economic decision-making?
Correct answer A. Traditional economy
A large government role and some coordinated economic decision-making aimed at transforming the economy are usually seen as essential parts of which field?
Correct answer A. Development economics
What is the investment of private foreign funds in the economy of a developing country called?
Correct answer B. Private foreign investment
What is the sale of public assets to individuals or private businesses called?
Correct answer D. Privatisation
Which line shows the combinations of two products a consumer can buy with a given money income at given prices?
Correct answer A. Budget line
What is a tax levied on the production of a particular product or on the quantity of it purchased called?
Correct answer C. Excise tax
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What is private or public debt owed to foreign citizens, firms and institutions called?
Correct answer B. External debt
What is the use of available resources to produce the maximum possible quantity of goods and services called?
Correct answer B. Full production
What is the absence of artificial barriers to trade between individuals and firms in different countries called?
Correct answer B. Free trade
What is a rise in the general level of prices in an economy called?
Correct answer A. Inflation
Which curve shows how income is distributed across an economy?
Correct answer C. Lorenz curve