#1 Quiz Flashcards
Which of the following terms is a way to describe numbers that have been adjusted for purchasing power parity? PPP
Real
GDP is a measure of total economic activity. Which of the following is an alternative measure of total economic activity?
GNI
Which of the following best describes how the education gap between boys and girls has changed in most regions of the world since 1990?
The gap has decreased
What kind of countries do we find the highest concentration of people living in extreme poverty?
Middle income ? Got this wrong before
What is the first step in the process of social science research?
Develop a research question
Which of the following countries has the highest GDP?
US
In the United States in 2012, a Big Mac costs about four dollars. With that same four dollars about how many Big Macs would a person buy in Sweden in 2012?
1/2
How has the World Bank described its primary goal since the presidency of Robert NcMara?
Ending Poverty
What is an “explanatory” variable?
A variable that we think is directly causing out outcome variable
Which of the following best describes global progress on
Millennium Development Goal #1.A (Halving the Proportion of People in the World Living in Extreme Poverty)?
A. The goal was met because of large decreases in the proportion of people living in poverty in countries all over the world.
B. The goal was met because of large decreases in the proportion of people living in poverty in Africa.
C. The goal was met because of large decreases in the proportion of people living in poverty in Asia.
D. The goal was not met.
C
According to Wolfgang Sachs’s article (2000), in announcing the
“Point Four Program,” U.S. President Harry S. Truman became the first major political figure to use what term?
A. Microcredit
B. Private-Public Partnership
C. Sustainable development
D. Underdeveloped
D. Undeveloped
What is the objective of Sachs’ (2000) article?
A. To argue that poor countries should focus on democratizing first and develop economically later
B. To test the hypothesis that world development will lead to world peace
C. To argue that rural-to-urban migration is a fundamental step toward economic development because it provides industrial employment
D. To present an overview of the Development Era, including its history, its pivotal changes, and its future prospects
D.
A. Both Northern and Southern countries should continue growing their economies on their own, and they will eventually converge due to free markets.
B. Northern countries should continue growing their economies but also help Southern countries grow through foreign aid; this way, the two will eventually converge.
C. Northern countries should stop growing their economies to allow Southern countries to catch up to them so that eventually the two will converge when every country reaches the same industrial production as the United States.
•.
D. Northern countries should contract their economies by reducing their consumption levels and their exploitation of fossil fuels, while Southern countries can continue to grow their economies, allowing eventually for convergence.
D
According to Sachs, why was it possible for GNP per capita to become the paramount measure of the degree of civilization in a country?
A. Both Northern and Southern countries should continue growing their economies on their own, and they will eventually converge due to free markets.
B. Northern countries should continue growing their economies but also help Southern countries grow through foreign aid; this way, the two will eventually converge.
C. Northern countries should stop growing their economies to allow Southern countries to catch up to them so that eventually the two will converge when every country reaches the same industrial production as the United States.
•.
D. Northern countries should contract their economies by reducing their consumption levels and their exploitation of fossil fuels, while Southern countries can continue to grow their economies, allowing eventually for convergence.
C
According to Sachs (2000), which of the following is TRUE about Sir Fredrick Lugard’s notion of the colonial mandate versus Truman’s notion of the development mandate?
A. The colonial mandate involved first of all economic progress and gains for the colonizing power and only secondly improvements in the welfare of the natives.
B. The development mandate assumes that the welfare of the natives follows from the economic progress of the former colonies.
D. All of the above.
Question 13
C. Both A and B
D. Neither A nor B
C