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    Econ Planning Quiz

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    Ladiv Ynatirhb
    This document contains a multiple choice quiz on economic planning and development theories. It begins with 10 multiple choice questions testing concepts like different economic theories, stages of development, clusters, value chains and more. The key provided gives the letter answers to each question. It then shifts to short answer questions about indicative planning, central planning, regional development and industrial policy. Finally, it asks for an extended response comparing types of economic planning. In summary, this document quizzes the reader on economic planning and development models through multiple choice questions and prompts further explanation through short and long answer questions.

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    © All Rights Reserved
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    Econ Planning Quiz

    Uploaded by

    Ladiv Ynatirhb
    999 views6 pages
    This document contains a multiple choice quiz on economic planning and development theories. It begins with 10 multiple choice questions testing concepts like different economic theories, stages of development, clusters, value chains and more. The key provided gives the letter answers to each question. It then shifts to short answer questions about indicative planning, central planning, regional development and industrial policy. Finally, it asks for an extended response comparing types of economic planning. In summary, this document quizzes the reader on economic planning and development models through multiple choice questions and prompts further explanation through short and long answer questions.

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    Economic quiz

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    This document contains a multiple choice quiz on economic planning and development theories. It begins with 10 multiple choice questions testing concepts like different economic theories, stages of development, clusters, value chains and more. The key provided gives the letter answers to each question. It then shifts to short answer questions about indicative planning, central planning, regional development and industrial policy. Finally, it asks for an extended response comparing types of economic planning. In summary, this document quizzes the reader on economic planning and development models through multiple choice questions and prompts further explanation through short and long answer questions.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    999 views6 pages

    Econ Planning Quiz

    Uploaded by

    Ladiv Ynatirhb
    This document contains a multiple choice quiz on economic planning and development theories. It begins with 10 multiple choice questions testing concepts like different economic theories, stages of development, clusters, value chains and more. The key provided gives the letter answers to each question. It then shifts to short answer questions about indicative planning, central planning, regional development and industrial policy. Finally, it asks for an extended response comparing types of economic planning. In summary, this document quizzes the reader on economic planning and development models through multiple choice questions and prompts further explanation through short and long answer questions.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 6

    Christian Charlie H.

    Palarca
    BSED-SocStud3

    I. Multiple Choice
    Direction: Read the statements or questions carefully. Identify and encircle the best correct
    answer for each item.

    1. What theory emphasizes the reliance on market, private initiatives and deregulation?
    a. Neo-classical growth theory c. Structuralism theory
    b. Dualistic economy model d. Marxist growth theory

    2. What is not part of the group?


    a. Competitive advantage c. Value chain
    b. Cluster-based analysis d. Comparative advantage

    3. It is the capacity to entice firms to use the country as a platform from which to conduct
    business.
    a. Comparative advantage c. Cluster-based analysis
    b. Competitive advantage d. Value chain

    4. In the three broad stages of economic development, it is when a nation tries to exploit
    its factor conditions to drive its development.
    a. Resource-driven stage c. Labor-and resource-
    b. Investment-driven stage investment
    d. Innovation stage

    5. To achieve productivity growth, an economy is expected to ________________?


    a. Continually upgrading c. Optimize its resources
    b. Make an economic plan d. Educate its people

    6. It is a set of businesses in the same or related field and they are located near one
    another?
    a. Regional development c. Supporting institutions
    b. Economic cluster d. Different sectors

    7. The following choices are the benefits of effective cluster approach except one.
    a. Access to gain competition c. Access to specialized
    b. Access to a specialized suppliers
    workforce d. Access to extensive networks
    8. It is the full range of activities that firms and workers do to bring a product from its
    conception to its end use and beyond.
    a. Value chain c. Economic planning
    b. Cluster-based d. Economic development

    9. It can be an effective facilitator of economic activities.


    a. Economic researchers c. Government
    b. Economic developers d. Private sectors

    10. It favors using the limited resources to develop identified strategic sector.
    a. Balanced growth doctrine c. Push and pull
    b. Unbalanced growth doctrine d. Growth models

    II. Essay

    Direction: Answer the following questions comprehensively.

    1. What is the importance of the cluster-based approach in the Philippines?

    2. Explain the effectiveness of the global value chain and global production network.
    Answer key:
    Multiple choice (CHAPTER 2)
    1. A
    2. D
    3. B
    4. A
    5. A
    6. B
    7. A
    8. A
    9. C
    10. B
    Christian Charlie H. Palarca
    BSED-SocStud3

    I. Multiple Choice
    Direction: Read the statements or questions carefully. Identify and encircle the best correct
    answer for each item.

    1. He argues that the explanation of economic development should be sought at the social
    facts outside the economic theory.
    a. Karl Marx c. Romer
    b. Schumpeter d. Robinson

    2. In the long adventure of economic planning, it was the first form envisioned by Marxist
    critique of Capitalism.
    a. Comprehensive c. Policy formation
    b. Soviet control d. General form

    3. It has been an essential especially in the planned economy.


    a. Economic planning c. Learning by doing
    b. Economic growth d. Learning by imitating

    4. It include intensive direction and control elements.


    a. Comprehensive and dirigiste
    b. Growth and development
    c. Planning and strategy
    d. Public and private sector

    5. It is the ultimate goal or strategic objective of Soviet-type planning.


    a. Private sectors
    b. Structural change in economic sectors
    c. Economic growth and development
    d. Agriculture and mining
    II. Short response

    Direction: Answer the following question briefly and comprehensively. (2pts. Each)

    1. What is indicative economic planning?

    2. What is central planning?

    3. What is the significance of the rise of regional development?

    4. What is the significance of industrial policy?

    III. Extended response

    1. What is the difference between the comprehensive, quantitative and central


    economic planning?
    Answer key
    Multiple choice (CHAPTER 3)
    1. B
    2. A
    3. C
    4. A
    5. B

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