Test your knowledge with this Development Economics Quiz featuring 20 MCQs! Perfect for students, learners, and researchers in economics, development studies, and related fields. Covering key concepts such as economic growth theories, development indicators, FDI, microfinance, and more, this quiz helps with exam preparation, job tests, and academic studies. Sharpen your understanding of global development issues today! Let us start with the Development Economics Quiz now.
Online Development Economics Quiz with Answers
- Which theory of development focuses on the idea that economic growth should improve the quality of life for all members of society?
- Which of the following is not a characteristic of a developing country?
- What is the term for the practice of lending money to governments or individuals in developing countries at high-interest rates and unfavorable terms?
- Which development indicator is often used to measure access to education?
- What is the primary goal of microfinance institutions?
- What is the name of the economic theory that suggests government spending can stimulate economic growth during a recession?
- Which type of economic growth benefits all income groups in a society?
- In the context of development economics, what does FDI stand for?
- Which of the following is not a component of the informal economy?
- What does the Gini coefficient measure?
- Which organization provides loans and financial assistance to developing countries?
- What does the “Lewis Model” describe in development economics?
- Which region is known for the “East Asian Miracle” in terms of economic development?
- Which of the following is not a characteristic of a less developed country (LDC)?
- What is the main focus of the Harrod-Domar model?
- Which type of unemployment occurs when people are out of work because they are transitioning between jobs?
- Which theory suggests that countries should specialize in producing goods in which they have a comparative advantage?
- In the context of development economics, what does HDI stand for?
- Which of the following is not considered a measure of economic development?
- What is the primary goal of development economics?
