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Characteristics and Institutions of Developing Countries

In low-income countries the average agricultural family produces a surplus ?

A. enough to supply only a small nonagricultural population
B. of zero
C. large enough of feed five other families
D. large enough to feed 25 other families

Categories Characteristics and Institutions of Developing Countries, Economics Mcqs Leave a comment

What is the ratio of population density of developing countries to the population of developed countries ?

A. 10
B. 2
C. no more than 1
D. 20

Categories Characteristics and Institutions of Developing Countries, Economics Mcqs Leave a comment

Dual economies are countries ?

A. with double capital and labor/
B. with a modern manufacturing sector as well as traditional agriculture sector
C. that specialize in labor intensive products more than capital intensive products
D. with foreign owned and domestically owned capital

Categories Characteristics and Institutions of Developing Countries, Economics Mcqs Leave a comment

A dual economy is distinguished from other economies by having ?

A. an industrial sector and a manufacturing sector
B. a traditional agricultural sector and a modern industrial sector
C. state owner ship of the means of production
D. an industrial sector that concentrates on manufacturing and construction

Categories Characteristics and Institutions of Developing Countries, Economics Mcqs Leave a comment
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