What is the practice of bringing workers and machines together in one building called?
Correct answer A. Factory system
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Economics MCQs
Page 53 of Economics multiple-choice questions with answers. Tap an option to check yourself.
Page 53 of 131
- Miscellaneous Economics 737
- Basic of Economics 430
- Markets, Efficiency And The Public Interest 167
- Agriculture & Irrigation System of Pakistan 126
- Market 87
- Macroeconomic Issues and Analysis 75
- Money, Interest Rates And Output 73
- Introduction To Economics 70
- Population And Development 62
- Profit Maximizing Under Perfect Competition And Monopoly 56
- Income Inequality 52
- Non-Tariff Trade Barriers 48
- Aggregate Supply, Unemployment And Inflation 45
- Natural Resources and the Environment Toward Sustainable Development 44
- Costs , Supply And Perfect Competition 44
- Human Capital 42
- Labour Market 39
- Monopoly 35
- Long Term Economic Growth 30
- Inflation & Productivity 30
- Regional Trading Arrangements 29
- Characteristics and Institutions of Developing Countries 24
- Oligopoly 23
- Consumer Theory vs. Real Consumers 20
- Applied Microeconomics 20
- Alternative Theories Of The Firm 20
- Public Goods 20
- Balance of Payments, Aid and Foreign Investment 19
- Prices, Wages & Taxes 19
- Comparative GDP 19
- Budget Deficits And The Trade Balance 18
- Macroeconomic Policy Tools 18
- Asymmetric Information 17
- Application of Economics 16
- Production Factors 16
- Monopoly & Competition 15
- Capital Formation, Investment Choice, Information Technology, And Technical Progress 15
- Monetary, Fiscal And Incomes Policy, And Inflation 15
- Average And Total Cost 14
- Poverty, Malnutrition, And Income Inequality 12
- Monetary Union 10
What is the idea that technology changes social organisation and ideology called?
Correct answer B. Technological revolution
What are citizens or government agencies doing when they try to correct laws or institutions peacefully?
Correct answer B. Reform
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Why has pizza become a popular food in America?
Correct answer C. Cultural diffusion
Which statement about the process of diffusion is false?
Correct answer A. A complex culture borrows more elements from a simple culture than the other way around
Which statement about the Industrial Revolution is given as correct?
Correct answer B. Began in England in the 1800s
In what terms must social change be analysed?
Correct answer B. Statics and dynamics
As a result of social change, what happens to some members of society?
Correct answer B. Occupy new statuses
Reform movements:
Correct answer B. may be reactionary or progressive
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Which processes bring about cultural change?
Correct answer B. Innovation and invention
Overpopulation is a worldwide problem, but only in relation to what?
Correct answer A. Population density
What is the number of births per 1,000 women of childbearing age in a year called?
Correct answer B. Fertility rate
Which subject does demography NOT study?
Correct answer C. Rock forming, land shaping and soil forming
What do demographers believe?
Correct answer D. The demographic transition represents a general pattern
Which statement about birth rates is correct?
Correct answer C. Are low BOTH in Western Europe and Japan and high in Arabia and Africa
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What do urban families throughout the world tend to do?
Correct answer A. Voluntarily curb their fertility
What is the real problem with population growth?
Correct answer A. Uneven density of population
What is true of population density?
Correct answer B. Is high in industrial areas
Where are the highest birth rates found today?
Correct answer A. The underdeveloped nations
What did Thomas Malthus claim?
Correct answer A. Population increases in a geometric progression