Economic Geography
Economic Geography
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Contents
1 ECONOMIC GEOGRAPHY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
1.1 ECONOMIC GEOGRAPHY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
1. ECONOMIC GEOGRAPHY
NARAYAN CHANGDER
1.1 ECONOMIC GEOGRAPHY
1. The abundance of natural resources helped 4. Which are advantages of economic unions?
the US and Canada develop diversified A. Decreased trade, economic decline,
economies. and political conflict
A. True B. Isolation from global economy, re-
B. False duced economic growth, and lack of polit-
ical cooperation
2. Gentrification is MOST likely to take place
C. Limited access to resources, de-
A. in developing countries. creased economic opportunities, and in-
B. in bedroom communities. creased political tension
C. in rural hamlets. D. Access to larger markets, more effi-
D. in inner-city areas. cient industries, and greater influence on
the world market
3. Which level of economic development are
countries where people are beginning to 5. What type of country has a majority of
move from rural to urban areas in search people with a high standard of living?
of factory jobs? A. Newly Industrialized Countries (NIC)
B. Less Developed Countries (LDC)
C. More Developed Countries (MDC)
D. None of these options
6. The ability of a job to create more unre-
lated jobs
A. More Developed A. Urbanization
B. Newly Industrialized B. Offshoring
C. Less Developed C. Multiplier Effect
D. none of above D. Outsourcing
1. A 2. D 3. B 4. D 5. C 6. C
1.1 ECONOMIC GEOGRAPHY 3
7. A 8. B 9. A 10. D 11. A 12. B 13. C 14. A 15. A 16. B 16. C 16. D 17. B
1.1 ECONOMIC GEOGRAPHY 4
NARAYAN CHANGDER
B. true
18. C 19. B 20. B 21. A 21. C 22. A 23. B 24. B 25. A 26. A
1.1 ECONOMIC GEOGRAPHY 5
27. A 28. C 29. B 29. D 30. A 31. A 32. B 33. A 34. A 35. C 36. B
1.1 ECONOMIC GEOGRAPHY 6
NARAYAN CHANGDER
tries, is known as a(n):
A. comparative advantage
B. tertiary advantage
C. peripheral advantage
D. Rostow advantage
E. commodity advantage A. Primary sector
B. Secondary sector
38. In a Subsistence farm the produce are
C. Tertiary sector
eaten by the family.
D. none of above
A. True
44. At land use one (1), which would be most
B. False
likely to be produced?
39. What is the application of science to indus-
try?
A. scientology
B. economics
C. technology
D. industrial revolution
A. strawberries
40. secretary
B. corn
A. white collar C. cattler
B. blue collar D. soybeans
37. A 38. A 39. C 40. A 41. A 42. A 43. B 44. A 45. A 46. D 47. A
1.1 ECONOMIC GEOGRAPHY 7
46. What is an example of a tertiary industry? 51. What type of economic activity is this
A. Construction
NARAYAN CHANGDER
61. In developed countries more than the
A. 30% works on the tertiary sector
B. 50% works on the tertiary sector
A. consists of power, communications, C. 70% works on agriculture
transportation, water, sanitation, and ed-
D. 70% works on the tertiary sector
ucation systems.
B. consists of power, communications, 62. Which of the following factors influence
transportation, bad water, sanitation, and productivity. economic growth, and devel-
education systems. opment level for a nation?
C. consists of power, communications, A. Investment in factories
transportation, water, sanitation, and bad
B. Health, education and training of peo-
education systems.
ple
D. consists of poor power, communica-
tions, transportation, water, sanitation, C. Machinery and new Technology
and education systems. D. All of the above
57. Secondary sector materials are: 63. Agriculture is affected by
A. mining, farming, fishing and forestry A. aqueducts.
B. manufactured items, like cars
B. crops.
C. banking and health care
C. soil, water and sunlight.
D. none of above
D. none of above
58. What do geographers look for when study-
ing a country’s natural resources? 64. Which is a resource that allows nations to
A. location of the resource develop a high per-capita Gross Domestic
Product (GDP)?
B. quality of the resource
C. quantity of the resource
D. all the above
59. Uses natural resources or raw materials
A. Primary Industry A. State-owned farms
B. Secondary Industry B. Humanitarian aid
C. Tertiary Industry C. Skilled workforce
D. Quaternary Industry D. Governmental restrictions
66. A problem within a market economy is 71. The main purpose of the UK investing in
developing rail transport is?
A. people have no say in what they can
buy A. Transporting goods domestically is
easy
B. the government controls the means of
production B. Convenient movement of labor re-
sources
C. little technology is available to use
C. Promote trade with neighboring coun-
D. wealth is unevenly distributed tries
67. The social science that deals with the pro- D. Quell the dangers of rebellion among
duction, distribution, and consumption of the people
goods and services.
72. According to Wallerstein, the spatial re-
A. economics lationships between countries and their
B. social science GDPs suggests that:
C. economic systems A. Low GDPs are most likely to have the
highest literacy rates.
D. economy
B. Primary economic activities are most
68. Power is held by a kind/queen: often found in the core countries.
A. Oligarchy C. Tertiary economies are indicative of
countries with the lowest GDP per capita
B. Dictatorship
D. Countries with the lowest GDP are pe-
C. Monarchy
ripheral and reflect labor focused in pri-
D. Democracy mary economic activities
69. Although has an abundance of natural E. The model assumes that all countries
resources, many remain undeveloped due will eventually passthrough high levels of
to poor infrastructure, inadequate technol- GDP.
ogy, and high costs of extraction. Explanation:Wallerstein explains that
there is an uneven distribution of eco-
A. Ivory Coast nomic development and division of labor
B. Russia across the globe.
73. Which of the following is an economic sys- 78. The expansion of human populations away
tem in which the government and individ- from central urban areas into low density,
uals are used to decide how to use scarce car dependent communities (i.e. suburbs)
resources? A. SIte
A. Market economy B. Situation
B. Command economy C. Gentrification
C. Traditional economy D. Urban Sprawl
NARAYAN CHANGDER
D. Mixed economy
79. Who designed the first efficient steam en-
74. BANKING is an example of which industry gine?
sector? A. James Hargreaves
A. Primary B. John Kay
B. Secondary C. Richard Arkwright
C. Tertiary D. James Watt
D. none of above
80. This term refers specifically to chain or se-
75. Apple, BMW, and McDonald’s are known ries of large metropolitan areas.
as or corporate organization that A. oligopoly
owns or controls production of goods or
B. sprawl
services in at least one country other than
its home country. C. megalopolis
A. common markets D. suburban
B. factors of production 81. The leading service industry in the UK at-
C. post industrial economies tracts more than 11% of workers?
D. multinationals (transnationals) A. Retail
B. Insurance
76. What is the role of household consumers
in the economy? C. Medical
A. Regulators of economic activities D. Tourism
B. Suppliers of production factors to com- 82. Secondary economic activities take place
panies close to the location of primary economic
C. Producers of goods and services activities.
D. Consumers of goods and services A. True
B. False
77. The dollar amount of all final goods and
services produced by a country in one 83. Distribution of goods at small scale is also
year. named:
A. Gross National Product A. Retail
B. Gross National Income B. Wholesale
C. Gross Domestric Product C. Domestic trade
D. Gross National Party D. Bartering
84. Which type of economy would you be most 89. Which empire was the largest empire in
likely to find commercial agriculture? pre-Columbian America?
NARAYAN CHANGDER
D. production
B. Pull
101. A major argument between the Israelis
96. In a Command Economy (select ALL that ap-
and the Palestinians is that each side
ply)
A. The government plays a major role in A. wants to control oil resources in the
the economy. area
98. Why did “cottage industry” come to an 103. What are the sources of income for house-
end? hold consumers?
A. Too many people moved to the city. A. Rent, wage, interest, profit
B. It was replaced by the factory system. B. Royalty, pension, subsidy, grant
C. The need for textiles decreased. C. Allowance, alimony, scholarship, dona-
D. Women who worked in cottage indus- tion
tries went on strike. D. Salary, commission, bonus, dividend
99. This sector of economy occurs anywhere 104. What is the effect of decentralisation on
(usually in places with a high quality of industrial development?
life).
A. Creating areas of industrial growth
A. Primary Sector outside the core areas
B. Secondary Sector B. A lot of industries found in one area
C. Tertiary Sector C. They are industrial development
D. Quaternary Sector points
D. Promote growth in areas that are un- 109. Tertiary economic activity examples in-
derdeveloped clude all BUT
A. Primary Sector
A. human resources
B. Secondary Sector B. natural resources
C. Tertiary Sector C. entrepreneurship
D. Quaternary Sector D. capital resources
107. This is NOT part of the tertiary sector 112. Fill in the blank:Issues like cost and aes-
A. Administration thetics have prevented from being
adopted as the world’s primary energy re-
B. Education source.
C. Healthcare A. solar power
D. Fishing B. coal
C. petroleum
108. A main benefit for manufacturers of just-
in-time delivery is D. nuclear power
A. it reduces wasteful inventory 113. Automobile assembly belongs to which
B. it improves delivery time to customer level of economic activity?
A. Primary level
C. it allows manufacturers to increase
their factory size B. Tertiary level
D. parts arrive days ahead of final assem- C. Quaternary level
bly D. Secondary level
114. The mining of rare earth metals in Sub- 120. Which of these continents produces
saharan Africa for electronic products con- graphite?
sumed in Europe and North America best A. Asia
reflects
B. Australia
A. Dependancy Ratio
B. High Mass Consuption C. Africa
NARAYAN CHANGDER
D. Neocolonialism 121. Is a system in which private individuals
115. Sally’s ability to operate a beauty salon or groups has the right to own property
successfully is an example of what? or businesses and make a profit with lim-
ited government interference.
A. Primary Activities
A. Traditional Economy System
B. Secondary Activities
B. Market Economy System
C. Tertiary Activities
C. Free Enterprise
D. Quaternary Activities
D. Capitalism
116. Economic geography is the studies of hu-
man economic activity and factors affect- 122. What term refers to a good that leaves
ing them a country?
A. True A. Export
B. False B. Import
117. Which type of economy would you be C. Trade
most likely to find communism?
D. Distribution
A. Market Economy
B. Command Economy 123. The Industrial Revolution
C. Traditional Economy A. was geographically dispersed
D. none of above B. was a transformation that was solely
industrial
118. Select which of following below are fac-
tors favouring Agriculture. Only select the C. is a term commonly used to define a
appropriate ones process that began in Eastern Europe
A. Long growing season (200 frost-free D. was a gradual diffusion of new ideas
days) and techniques
B. Elimination of agricultural subsidies E. first developed in the United States
C. Rivers for irrigation
124. Which statement best describes a Less
D. Climate research Economically Developed Country (LEDC).
E. Flat land You may choose multiple answers if appli-
cable.
119. What does the word urban mean?
A. Has a lower GDP in comparison to
A. City more economically developed countries
B. Countryside (MEDC)
126. All of the money a business makes within D. The use of new machinery resulted in
its own country. improvements in the agricultural industry.
133. Which type of boundary frequently fol- 138. This population pyramid demonstrates a
lows a straight line on a map and is often country that is
created based on a treaty?
A. Natural
B. Geometric
C. Cultural
D. Geographic
NARAYAN CHANGDER
134. Eastern North America became the con- A. developed
tinent’s manufacturing center in part be- B. developing
cause it had access to the continent’s
C. in transition
A. largest markets.
D. least developed
B. most extensive sources of essential
raw materials. 139. exists because people have unlimited
wants with limited
C. Ocean going transportation links to
A. Scarcity, job opportunities
Asia.
B. Scarcity, resources
D. all of these
C. Government, economies
135. A location where transfer is possible D. Economics, governments
from one mode of transportation to an-
140. A crop that is grown to be sold for a
other.
profit is referred to as a
A. Acid deposition A. subsistence crop
B. Break-of-bulk point B. cash crop
C. Bulk-gaining industry C. big money crop
D. Site factors D. moolah crop
136. Which side lost in World War 1? 141. The method of getting the goods to the
individuals who will use them.
A. Alliance faction
A. production
B. Treaty Faction B. distribution
C. Allied Faction C. consumption
D. Fascist faction D. economics
137. How does Japan’s economy rank in the 142. If you grew up on a farm in West Texas,
world? would type of economic activities would
you most likely participate in?
A. 1
A. Primary
B. 2 B. Secondary
C. 3 C. Tertiary
D. 4 D. Quaternary
153. The Danube River is an important trans- 157. An economy in which people trade goods
portation corridor because it and services without money:
A. connects four major European cities. A. Mixed
B. contains many natural resources. B. Command
NARAYAN CHANGDER
154. Who was the dictator ofGermany, and Japan is facing?
his political party, the Nazis, believed in
A. The population is too old
fascism?
B. Young people are afraid to get married
and have children
C. Labor force shortage
D. All 3 are correct
159. What were the first industries to be im-
pacted by the industrial revolution?
A. Iron, Coal, Transportation, Textiles,
chemicals, food processing
A. Adolf Hitler B. Petroleum, natural gas, hydroelectric-
B. Benito Mussolini ity, aerospace engineering
C. Josef Stalin C. Subsistence farming, cottage industry,
animal domestication
D. Winston Churchill
D. automotive, steel, telecommunica-
155. The transition from rural areas to cities. tions, railroads
NARAYAN CHANGDER
ucts
Mexico, South Africa, China)
173. Which of the following cities is an exam- A. More Developed Country
ple of a confluence site?
B. Less Developed Country
A. Pittsburgh, Pennsylvania
C. Newly Industrialized Country
B. Richmond, Virginia
D. none of above
C. Athens, Greece
D. Rome, Italy 178. Which of the following is an example of
unskilled labor?
174. A post-industrial economy often devel-
A. building inspector
ops due to , or a decline in industrial
activity in a region or economy. B. computer technician
A. urbanization C. dishwasher
B. migration D. plumber
C. deindustrialization 179. Gentrification is
D. tariffs A. Revitalization of old buildings into new
175. The study of the earth, its features and businesses to provide new job opportuni-
its people is called ties
B. The expansion of human populations
away from central urban areas into low
density, car dependent communities
C. Place where passengers and cargo
are exchanged betweenvehicles or be-
tween transport modes
D. Improvised housing, made of plywood,
corrugated metal, sheets of plastic and
A. Environment cardboard boxes
B. Cartography
180. A nation has a deficit in its international
C. Geography balance of trade when
D. Schoolology A. government expenditures exceed tax
176. Free enterprise, capitalism, and supply revenues
and damand are most closely associated B. it buys goods of greater value from
with what type of economic system? other nations that it sells to them
182. How much percentage does the sec- 187. Using resources in a way that ensures
ondary sector contribute to South Africa’s they will be there for future generations
GDP is called?
A. 21% A. Stewardship
B. 36% B. Interdependence
C. 45% C. Sustainability
D. 9% D. Over Exploitation
183. A country’s yearly economic output for 188. Migrations impact regions in the follow-
each person adjusting for inflation. A per ing ways:
person average for economic output in a A. Migrations impact regions by causing
country. no changes at all
A. Gross Domestic Product (GDP) B. Migrations impact region’s languages,
religion, customs, traditions and culture
B. Gross Domestic Product Per Capita
(GDP Per Capita) C. Migrations impact regions by only af-
fecting the weather
C. Human Development Index (HDI)
D. Migrations impact regions by leading
D. Development
to decrease in population
184. market value of all final goods and ser-
189. What economic activity is farming
vices in a time period divided by the popu-
lation A. Primary
A. GDP B. Secondary
B. GNI C. Tertiary
C. GII D. Quaternary
D. GDP Per Capita 190. Terrorism in the Israeli-Palestine conflict
is based on:
185. What type of source is this? A chapter
in your world history textbook about the A. Economics
Ancient Greeks B. Government Suppression
NARAYAN CHANGDER
C. United Parcel Service 198. How do banking and credit institutions
D. United States postal service contribute to economic growth in a coun-
try? Choose all options that apply.
192. People who work in primary sector
A. They provide funds for firms to make
A. get raw materials from nature investment in physical capital.
B. elaborate products B. They provide funds for households to
C. provide services make investment in human capital.
D. none of above C. They provide an incentive for people to
save.
193. Economic Sectors:A welder is an example D. They raise the debt burden in a coun-
of try.
A. Primary Sector
199. Why do developed countries always have
B. Secondary Sector to deindustrialize?
C. Tertiary Sector A. They cannot afford to pay their fac-
D. Quarternary Sector tory workers as the standard of living in-
creases.
E. Quinary Sector
B. Industrialization must be shared
194. Fill in the blank: was one of the ear- equally be developing countries.
liest energy resources. C. Factory workers are migratory in na-
A. wood ture.
B. nuclear power D. Factory workers do not unionize and
raise wages.
C. solar power
D. petroleum 200. An economy where production of goods
and services, a mixture of command and
195. What is the German economy likened to? market
A. Football pitches A. Mixed
B. Baseball field B. Let it be
C. Volleyball yard C. Communist
D. Seven futsal D. Traditional
196. Name the two most famous rivers in 201. Sending goods to another country to sell.
China? A. import
A. Hoang Ha B. export
202. The total value of goods and services that 207. GDP per capita is the
a country produces ONLY within its bor- A. economic output of adults
ders in a year is
NARAYAN CHANGDER
power regarding women in the workforce strong.
(working in legislatures, as CEO’s, and B. stimulated democratic reform and
other decision-making positions). open markets in areas that needed im-
B. the level of development of women in a provement.
country to the average development level C. increased government control of a na-
of women in the world. tion’s economy.
C. the levels of indicators for females to D. limited the growth of an economy and
those of males within a country. prevents inflation.
D. the same measures as the HDI but is
applied only to women instead of the en- 218. Why do most restaurants clump together
tire population. in shopping malls and on busy street cor-
ners?
214. The Industrial Revolution happening dur- A. Agglomeration
ing the and the
B. Ease of Access
A. 1700s, 1800s
C. More Capital
B. 1800s, 1900s
D. Laws of Location
C. 1900s, 2000s
D. 1500s, 1600s 219. The literacy rates in developed countries
tend to be than the literacy rates in
215. Most people in a country work in pri- developing countries.
mary economic activities and have a lower A. Higher
standard of living.
B. Lower
A. more developed
C. None (it’s the same)
B. developed
D. none of above
C. developing
D. newly industrialized 220. In the “Mahatma Gandhi New Series”
fiat currency series issued by the Central
216. Types of Economic Systems:Involves the Bank of India, the 1000 Indian rupee coin
individual making decisions, but the gov- has the following colors:
ernment has a roles, often in the form of
A. Closest to red
business regulations or overseeing entire
industries. B. Closest to green
A. Traditional C. Closest to blue
B. Command D. All three options above are wrong
C. Bulk-reducing industry 227. This term refers to big businesses and ma-
D. Apparel chines that turn raw materials into new
products on a large scale.
222. What is the pattern of land use relating
to nearness of natural resources and eco- A. Construction
nomic activity called? B. Manufacturing
A. Proximity C. Services industry
B. Agricultural zoning D. Major maker of new stuff
C. Urban development
D. Industrial placement 228. Which of the following is a good thing
about globalization?
223. Which of the following places are World A. More variety of products and competi-
Heritage Sites in India? tion
A. Lotus Temple
B. Increased warfare
B. Red Fort
C. moving jobs to laces with no minimum
C. Churches and monasteries in Goa wage
D. Golden Temple at Amritsar D. loss of global culture
224. What term refers to all of the most ba-
229. Who CAN be a sole trader?
sic industries (interacting with the environ-
ment and extracting its resources)? A. A member of a joint venture
A. Primary industry B. Someone who is legally incapacitated
B. Secondary industry C. A person with a German citizenship
C. Tertiary industry D. A convict who is exempted from the le-
D. Service industry gal consequences of committing a crime
225. Which of the following states is not a fed- 230. All of the following are influences of ur-
eral state? ban areas on their regions and countries
A. America except:
B. that A. Media centers
C. Virtue B. Rural development
D. Older brother C. Corporate headquarters and regional
offices
226. AT&T having their call centers stationed
in India and China is known as what indus- D. Universities and educational opportu-
try practice? nities
231. Why would women be more likely to find C. Consolidation, stagnation, rejuvena-
work in outsourced manufacturing plants tion, development, involvement, explo-
in developing countries? ration
A. women generally make less money D. Involvement, development, consolida-
than men in developing countries tion, stagnation, rejuvenation, exploration
B. women can’t work in agriculture, so
235. If a society has moved on from the labor
they work in factories
force in agriculture to working in manufac-
C. women are not protected by interna-
NARAYAN CHANGDER
turing, what can you infer happened to the
tional labor laws economy?
D. women have a lower life expectancy A. labor force will work in research
and fertility rate
B. became more industrialized
E. developing countries have a low score
on the GII C. labor force performs primary activi-
Explanation:-There is a consistent pattern ties
of wage divide between men and women D. none of above
in most countries. Workplaces have been
known to pay women substantially less.-A 236. Which sector has experienced the most
lower GII score indicates a country with growth?
more equality between men and women.- A. Primary Sector
Women represent a sizeable percentage
of the population in agriculture. B. Secondary Sector
C. Postindustrial Sector (Tertiary, Quar-
232. In a COMMUNIST economy, people are
ternary, and Quinary)
expected to sacrifice their comfort and
needs in order to raise the level of indus- D. none of above
trialization.
237. Doctor:Goods or Service?
A. false
B. true
233. Subsistence Agriculture
A. Food that is raised to sell
B. Food that is raised for personal use
C. Food that is not raised
A. Goods
D. Not food
B. Service
234. Which of the following are the correct or-
der from stages 1 to 6 for the Butler Life 238. Which of the following are unfavourable
Cycle Tourism Model? conditions for agriculture in SA?
A. Exploration, involvement, develop- A. Low average rainfall and poor soils
ment, consolidation, stagnation and re-
B. Provides food security
juvenation
B. Exploration, consolidation, develop- C. Droughts are common
ment, involvement, stagnation, rejuvena- D. Poor farming methods and competi-
tion tion from other countries
239. Which is not a natural characteristic of C. Tensions escalate in the Middle East
Japan? D. Political instability in the country
NARAYAN CHANGDER
C. how a government is run
D. ways in which people make a living 257. An economic system that has elements of
a free enterprise and command economy
252. Mexico is an example of a(n) , be-
A. traditional economy
cause it is transitioning from a primarily
agricultural economy to an economy pri- B. free enterprise economy
marily focused on manufacturing & indus- C. mixed economy
trial activities.
D. command economy
A. less developed country
B. newly industrialized country 258. More developed countries have
C. more developed country widespread manufacturing and service in-
dustries that provide a high standard of
D. industrializing country living.
253. Fishing, Mining, Farming, and Forestry A. True
are examples of what economic activity?
B. False
A. Primary
259. Economic activity is important because:
B. Secondary
C. Teritiary
D. Quaternary
NARAYAN CHANGDER
made up of plateaus change in markets
A. true C. an economic and political system in
B. false which a country’s trade and industry are
controlled by private owners for profit,
273. Deindustrialization is a result of: rather than by the state.
A. Discovery of new natural resources. D. none of above
B. Consumers earning a higher income 278. What type of source is this? An original
and demanding for better quality and photograph from the 1941 attack at Pearl
wider choice of products. Harbor that you found in your grandpar-
C. A fall in the quality of education. ents photo album
D. A rise in the demand for the countries A. Primary
exports of manufactured products. B. Secondary
Explanation:Photographs are taken at the
274. A family moves from Romania to the time of the event. If it is a copy of the pic-
US so their three kids can attend better ture and not an original then it would be a
schools secondary source.
A. Pull
279. Life expectancy is
B. Push
A. The amount of people that are ex-
275. France is the largest exporting country in pected to live past 65 years of age
Europe? B. The average number of years a person
A. 1 would be expected to live
D. Supervises employees and sets tasks 288. What is the benefit of interregional
to be done trade between Jawa Barat and Kaliman-
tan Timur?
283. CACM stands for what common market?
A. Enhanced economic interaction be-
A. Central America tween the regions
B. Central Africa B. Reduced economic activities in the re-
C. central Asia gions
D. Mediterranean C. Limited access to resources in the re-
gions
284. A mining company operates in which in-
dustry sector? D. Increased competition between the re-
gions
A. Primary
B. Secondary 289. What is the country with a highest in-
come per capita in Europe (72.640 $)?
C. Quaternary
A. Luxembourg
D. Quinary
B. Norway
285. What is GNI?
C. Sweden
A. The value of goods and services, using
D. Switzerland
current prices and ignoring inflation
B. The value of goods and services, ad- 290. The term for “quality of life”
justed for the impact of inflation
A. Standard of Living
C. The division of the GDP by the popula-
B. Most Developed Country
tion of the country
C. Tariff
D. The total amount of money earned by
a nation’s people and businesses D. Free enterprise
NARAYAN CHANGDER
A. 8/8/1967
B. 8/8/1988 C. The population increased dramati-
cally.
C. 18/8/1967
D. The population stayed the same.
D. 18/8/1888
297. What is the total value of goods and ser-
293. The total value of goods and services that vices produced by a country?
a country produces within and outside of
A. Gross Product Domestic
its borders in a year is
B. Domestic Gross Product
A. Industrialization
C. Product Gross Domestic
B. Gross National Product
D. Gross Domestic Product
C. Gross Domestic Product
D. GNP & GDP 298. Which region does India belong to?
E. All of the options A. South Asia
B. southwest Asia
294. How does the cultural diversity of Latin
America contribute to its rich heritage and C. Southeast Asia
traditions? D. central Asia
A. The cultural diversity brings together
299. DGP or GNI:the bank branch of OTP Bank
a mix of indigenous, European, African,
in Pozsony?
and Asian influences, resulting in a unique
blend of customs, languages, music, art, A. GDP
and cuisine. B. GNI
B. The cultural diversity of Latin America C. Both
is insignificant and has no effect on its her- D. none of above
itage and traditions
C. Latin America’s heritage and tradi- 300. Which statement is NOT true about
tions are solely influenced by European transnational companies?
culture A. They want to make as much profit as
D. The cultural diversity has no impact on possible with only as much expenditure (fi-
the heritage and traditions of Latin Amer- nancial input) as necessary.
ica B. They make use of each country’s eco-
nomic features (e.g. build factories in
295. Which is not one of the four main islands countries where labour is cheap, but de-
of Japan? velop their products in technologically de-
A. This species veloped ones).
C. You can find their products and their B. A secondary economic activity
factories everywhere on the planet, but C. A tertiary economic activity
their headquarters is in a financially and
D. Their activity isn’t independent of any 306. Which of the following does NOT have a
country’s government. traditional economy?
301. Over time, developed nations have ex- A. Villages in Africa and South America
ported labor-intensive work to developing B. USA
nations due to lower costs. C. The Inuit tribes in Canada
A. True D. The Aborigines in Australia
B. False
307. God and religious law are the govern-
302. A command economy is ment’s authority.
A. A planned economy A. Anarchy
B. A mixed economy B. Oligarchy
C. A barter economy C. Direct Democracy
D. Capitalism D. Theocracy
303. Which of the following best describes the 308. What is BEE?
term infrastructure? A. Reconstruction Development Pro-
A. Roads, water treatment plants and gramme is a South African socio-
power lines. economic policy framework implemented
by the African National Congress (ANC)
B. Retail stores and malls.
B. Its an important policy instrument
C. City, state and national parks. aimed at broadening the economic base of
D. Amusement parks, bike trails and hik- the country-and through this, at stimulat-
ing paths. ing further economic growth and creating
employment.
304. An unlimited government has complete
control over every aspect of its citizens’ 309. GDP or GNI:the Suzuki Car Factory in Es-
lives: ztergom?
A. True A. GDP
B. False B. GNI
311. According to the 2011 Census (Census) D. Create new inventions in high-tech
conducted by the Indian Ministry of Hous- fields
ing and Urban Affairs, the population of
the three most populous metropolises in 315. A economy is a market-based sys-
India is less than: tem in which the government is involved
to some extent.
A. Population of the 7 most populous ur-
A. Traditional
ban areas in Europe according to Eurostat
data in 2017 B. Planned/command
NARAYAN CHANGDER
B. Population of the three most populous C. Mixed
urban areas in China according to the D. Free Market
country’s 2010 Census
316. What type of resource is shown in the pic-
C. Population of the 20 most populous ur-
ture?ANDWhat level of economic activity
ban areas in the United States according
would it be in?(SELECT TWO)
to the country’s 2010 Census
D. The population of 9 Indian cities is
behind the three cities mentioned in the
question
312. what economic activity:taking yields
from primary activities and making some-
thing such as homes, canned foods, steel,
and cars
A. exceptional A. Natural
B. tertiary B. Human
C. primary C. Capital
D. secondary D. Primary
E. Secondary
313. Which of the following is NOT an indica-
tor of a nation’s economic development? 317. In which economic system would you ex-
pect to find the widest selection of con-
A. labor force characteristics
sumer goods?
B. major religions
A. traditional
C. urban/rural ratio
B. market
D. educational achievement
C. socialist
314. Which of the following is the impact of D. communist
scientific and technological revolutions on
developed countries? 318. Which of the following is a reason to lo-
cate near to labour?
A. Transfer to other places intermediate
and traditional techniques A. if raw materials were bulky
B. Introducing intermediate and tradi- B. if there are linkage industries
tional techniques C. if the finish product is fragile
C. Consider science and technology as D. If skilled labour is scarce for the prod-
the core of economic change uct
323. Which of the following resulted in the In- 328. industries can locate in any geo-
dustrial Revolution’s rapid expansion? graphic area.
330. Islam is not the main religion in which of 336. In a command economy, economic deci-
the following countries? sions are made by the
A. Iran A. Consumers
B. Iraq B. market
C. UAE C. government
D. Israel D. producers
337. refers to goods that are brought into
NARAYAN CHANGDER
331. Name the water scheme in PWV that as-
the country.
sist in the region with water shortages
A. exports
A. Lesotho Highlands Water scheme
B. imports
B. Berg River Water Scheme
C. markets
C. Steenbras Water Scheme
D. trade
D. Gauteng Water Scheme
338. In a traditional economy, if your ances-
332. Geography means tors were farmers it was most likely that
A. description of world resources
B. description of the Earth A. you wouldn’t work at all
334. The Scientific and Technological Revolu- 340. Which of the following is NOT a measure
tion did not change what type of struc- of development?
ture? A. Gross Domestic Product
A. Economic sector structure B. Gross National Product
B. Production organizational structure C. Communism
C. Labor structure D. Literacy rate
D. Population structure E. Electricity consumption
341. Goods and services are exchanged (or
335. System where the government owns and
sold)
controls the major industries and promises
to make production decisions for the wel- A. Primary Industry
fare of society. B. Secondary Industry
A. Capitalism C. Tertiary Industry
B. Socialism D. Quaternary Industry
342. Which sector has the highest employment enough food to meet their own families’
percentage in the United States? needs are called
343. What does the word affluent mean? 348. Is a loose union of independent terri-
A. Influential tories, the first 13 years of the United
States was under the Articles of Confed-
B. Rare eration.
C. Wealthy A. Unitary system
D. Abundant B. Federal system
344. Is a system of recourse management in C. Confederation System
which decisions about production and dis- D. Autocracy System
tribution of goods, and services are made
by a central authority (the government 349. Which type of economic activity extracts
normally). or harvests raw materials?
A. Free Enterprise A. Primary
B. Capitalism B. Secondary
C. Mixed Economy C. Tertiary
D. Command Economy D. Quaternary
345. An economy in which privately owned 350. Economies fall in one of four categories.
businesses create goods people buy in mar- A. True
kets:
B. False
A. Traditional
B. Free Enterprise 351. Who owns the resources in a command
economy?
C. Command
A. the government
D. Mixed
B. no one
346. What organization created goals for sus- C. individuals
tainability
D. private business
A. OPEC
B. United States 352. What is the relationship between GDP
per capita and life expectancy?
C. NAFTA
A. Low GDP per capita, Higher life ex-
D. United Nations pectancy
347. Farmers who make their own cloth- B. Low GDP per capita, Low life ex-
ing, furniture, and homes and grow just pectancy
C. High GDP per capita, no change in life 358. What conclusion can be drawn from this
expectancy excerpt?
D. High GDP per capita, low expectancy
NARAYAN CHANGDER
source conservation.
C. capitalism
B. There is competition for resources
D. land
among countries.
354. Sugar cane farming is an example of C. The price of gasoline is declining in de-
farming. veloping countries.
A. small-scale commercial D. Modern industry uses minimal
B. small-scale subsistence amounts of petroleum.
C. large-scale commercial 359. Which letter represents the Middle East?
D. large-scale subsistence
B. Richness, industrial production and 375. Economic activity that does not directly
business gather or process raw materials, instead it
C. Multinationals and industry provides services to people and businesses
A. Primary
D. Technology, trade and research
B. Secondary
370. a country which has a highly developed
C. Tertiary
economy and advanced technological in-
frastructure relative to other less devel- D. Quaternary
NARAYAN CHANGDER
oped nations
376. Which statement is NOT true about glob-
A. newly industrialized country alisation?
B. less developed country A. The significance of speed in-
C. mixed country creased:fast production etc.
388. The quaternary sector is devoted to: 394. Economic sectors are
A. Cutting-edge industries A. The division of the economic activity
B. Consultancy B. There’re three kind of sectors
C. Research & development C. A & B are correct
D. Information generation, computing & D. none of above
sharing 395. The total value of goods and services that
a country produces
NARAYAN CHANGDER
389. A system of government in which leaders
rule with the consent of its citizens. A. gross domestic product
A. Monarchy B. gross market product
B. Oligarchy C. per capita
D. economy
C. Theocracy
D. Democracy 396. What is the largest tropical rainforest in
the world, located in South America?
390. The total amount of money that a coun- A. Sahara Desert
try’s government has borrowed and owes
to other countries or supranational organi- B. Congo Rainforest
zations. C. Amazon Rainforest
A. National Debt D. Everglades National Park
B. Imports 397. What is an estimate of total value of all
C. Exports the final products and services turned out
in a given period by the means of produc-
D. Tariffs tion owned by a country’s residents.
391. According to tourism statistics, the A. GDP
world’s most visited country in 2018 was: B. NCAA
A. France C. FCC
B. Spain D. GNP
C. USA 398. Industry that requires a lot of machines
D. China and equipment to produce a product is
called what?
392. What are examples of capital resources? A. Manufacturing
A. skills of the workforce B. Heavy
B. natural resources C. Service
C. money, technology D. Light
D. all of the above 399. Which is an example of a monarch?
393. True or False:British colonialists did not A. The Prime Minister of Great Britain
introduce the coal mining industry in India? B. The President of the United States
A. Correct C. The King of Saudi Arabia
B. Sai D. The Chancellor of Germany
NARAYAN CHANGDER
D. trade policy between countries; gener-
D. Factors that attract people to their
ally on country limits trading and inequali-
home country
ties occur
410. What does TNC stand for? 415. Food processing industries, like bakeries,
are generally industries.
A. Trans national corporations
A. Heavy
B. Trade nations conference
B. light
C. Trans national countries
D. Trial national cooperations C. bridge
D. raw material orientated
411. Industrial Inertia is:
A. a business locating in an area because 416. Economic and Commercial Geography is
of economic factors the branch of
B. the original reason for locating in the A. physical geography
area no longer exists
B. human geography
C. reason for locating in an area is sup-
ported by firms in the area C. commercial geography
D. Industry is known to locate near to D. world geography
other linked industries
417. Who are the main groups fighting in Is-
412. The European Union has most benefited rael?
its member nations by
A. Palestinian Arabs
A. reducing barriers to trade and travel
B. Egyptian Muslims
B. sharing the expense of a common de-
fense C. Christians
C. promoting the use of a common lan- D. Israeli Jews
guage
418. All of the money a business makes
D. providing funds and materials for edu-
around the world.
cation
A. GDP
413. Economic sectors are divided in primary,
secondary and tertiary B. GNP
A. False C. GGP
B. True D. GG no RE
419. Which of the following characteristics 423. What are some pull factors that attract a
might account for problems in determining person to a region?
economic indicators, like GDP, in develop- A. Limited job opportunities
A. True D. Manufacturing in 2
NARAYAN CHANGDER
True or False:There was a time when for A. Traditional
every 10 coins of global GDP, 5 coins were B. Command
created in China and India. C. Market
D. Mixed
A. Correct
B. Sai
432. What is it:money that is charged by a D. Area on the coast of China and India
bank or other financial organization for that are rapidly industrializing.
borrowing money? 436. refers to the level of wealth and com-
A. credit fort available to a person or community.
B. loan A. standard of living
C. interest B. sustainability
D. inflation C. outsourcing
D. deindustrialization
433. Which economic activity is correctly
placed on this diagram? 437. What is the study of the process by which
individuals and countries make choices
about the use of their resources?
A. Ecology
439. Which type of economy is usually paired 444. Which of the following are among the
with a Communist government? main industrial activities found in the
A. Mixed eThekwini metropolitan?
B. Market A. Sugar refining
C. Command B. Light industries
D. Traditional C. Rayon
440. Specialized production occurs when D. Hi-tech manufacturing
A. a country has a comparative advan-
tage 445. Which sector has grown the fastest in de-
veloped countries?
B. a country doesn’t trade with any other
countries A. primary
C. a country makes all its own products B. secondary
D. none of above
C. tertiary
441. Which of these is an example of Primary D. none of above
Economic Activity
A. making a hut out of grass or twigs 446. Food processing industries, like bakeries,
B. 3M using resources to make tape are generally (A. heavy or B. light) indus-
tries.
C. Google providing information from a
search A. A
D. Amazon providing a place to buy prod- B. B
ucts
447. The cottage industry system involved
442. The sector is linked to research and manufacturing
development.
A. of steam engines.
A. primary
B. secondary B. of hand-made luxury goods.
NARAYAN CHANGDER
449. Which of the following is the goal of the marily focused on manufacturing and in-
United Nations? dustrial activities.
A. Maintain international peace and secu- A. agricultural country
rity
B. newly industrialized country
B. Carry out economic cooperation
C. less developed country
C. Resolve commercial disputes between
D. more developed country
members
D. Moving towards complete liberaliza- 453. Go to Intracen to look up. Where does
tion of international trade iron and steel rank in the export value of
Indian products in 2019?
450. Deindustrialization occurred at the na-
tional level in the U.S. and U.K. when-
heavy industry (cars, steel, etc.) was
moved to locations with
A. greater access to major ports
B. lower production costs A. 7
C. a more educated population B. 8
D. economies more geared toward ter- C. 9
tiary economic activities D. 10
E. higher industrial-economic develop- 454. Primary sector materials are:
ment
Explanation:When companies engaged in A. banking and health care
heavy industry began to move operations B. manufactured products, such as cars
to locations with lower production costs C. mining, farming, fishing and forestry
(foreign markets), the U.S. and U.K. expe-
rienced deindustrialization. D. none of above
451. This economic system arose at the begin- 455. This smiling guy is Russia’s current and
ning of the Industrial Revolution. longest serving President.
NARAYAN CHANGDER
C. A practice used by different companies B. Subsidy
to reduce costs by transferring portions of
C. Welfare
work to outside suppliers rather than com-
pleting it internally. D. Free-enterprise
D. none of above 472. Secondary source documents are all of
the following EXCEPT:
467. production of goods and services is deter-
mined by a centralgovernment A. Original materials
A. command economy B. Sources created later by someone who
B. market economy did not participate in the event
475. The government has little to no role in the 479. The level of economic activity is rep-
production of goods in this type of econ- resented in this photograph.
omy.
B. Barter system of goods and services D. No optimal location for this product
C. Forced exchange of goods and ser- 482. Give a definition for SDI’s
vices A. It is an extension of the secondary sec-
D. Exchange of goods and services based tor, which focus on education and train-
on mutual agreement ing.
B. It is an extension of BEE, which focus
478. What is the name of the famous Mayan on growth of bee hives and their colonies
pyramid in Mexico?
C. It is an extension of Quaternary sec-
A. Teotihuacan tor, which focus on research and develop-
ment.
B. Chichen Itza
D. It is an extension of GEAR, which fo-
C. Tikal
cus on growth, employment and redistri-
D. Machu Picchu bution.
483. Which of the following images best rep- 488. A statistical tool used to measure a coun-
resents Life Expectancy? try’s overall achievement in its social and
economic dimensions.
A.
A. GDP
B. GDP Per Capita
B. C. HDI
D. Tariff
NARAYAN CHANGDER
489. What are the factories in Mexico called?
C.
A. Mariachi
B. Maquiladoras
C. Commercial Factories
D.
D. No factories in Mexico
485. Natural resources include 491. Which of the following is a tertiary eco-
nomic activity?
A. private business
A. Banking
B. education
B. Canning
C. water, oil, soil, sun, plants, minerals
C. Fishing
D. trade
D. Ranching
486. The largest container port in the world is:
492. Which sector of economy would you find
A. S is true, China this job:Speaker of the House of Represen-
B. Shanghai, China tatives (Kevin McCarthy)
C. Hong Kong, China A. Primary Sector
D. Guangzhou, China B. Secondary Sector
NARAYAN CHANGDER
the only bulk-reducing industry listed.
504. How many proposals that we have pre-
sented to improve Vietnam’s productiv- 509. What is subsistence farming?
ity? A. an agricultural practice that produces
A. 4 just enough food for a farmer’s family
B. growing large quantities of crops or
B. 5
livestock in order to sell them for a profit
C. 3
C. a business or manufacturing activity
D. 6 carried on in a person’s home
505. are areas outside the city D. none of above
A. suburbs 510. Tertiary Activity is
B. downtown A. Basic, necessary activities
C. suburbs B. Using resources from primary activi-
D. slums ties and creating a product
C. Service sector connects the manufac-
506. Which of these is an example of Sec-
turers with the customers
ondary Economic Activity
D. none of above
A. making a hut out of grass or twigs
B. 3M using resources to make tape 511. All of the following are related to the
value of capital resources except-
C. Google providing information from a
search A. Labor resources
D. Amazon providing a place to buy prod- B. The availability of money for invest-
ucts ment
C. The level of infrastructure
507. Country with very low literacy rate, low
life expectancy, high unemployment. D. The availability and use of tools, ma-
chines and technologies.
A. Developed
B. Developing 512. Why do countries export goods and ser-
vices?
C. Least Developed
A. To generate income
D. none of above
B. To create a trade imbalance and
508. Which of the following is an example of weaken their economy
a bulk-reducing industry? C. To limit their own access to goods and
A. Water Bottling services
D. To deplete their own resources and 517. Which of the following is not a factor that
harm their economy hinders mining?
514. Which of the following is NOT a charac- A. Renewable energy sources, water, air
teristic of a developed nation? B. Solar power, wind power, geothermal
A. Computer software development energy
C. Plants, animals, soil
B. Free Health Care and Racial Equality
D. Fossil fuels, minerals, metals
C. High per capita income
D. Varied economy 519. Students study Commercial Geography
A. to understand how those people of
515. Many factory jobs have moved to this re- that countries have utilized their re-
gion of the U.S. today because of lower sources for progress.
costs of living and anti-labor union senti-
ment. What is this region called? B. in the selection of right path for their
future, so that they can become success-
ful businessman, industrialist, traders,
bankers, etc.
C. to create traffic awareness
D. to create moral awareness
522. a country that has begun transitioning 527. This image represents which sector?
from primarily agricultural to primarily
manufacturing and industrial activity.
A. more developed country
B. less developed country
C. newly industrialized country
D. command country
NARAYAN CHANGDER
A. Primary Activity
523. a system in which factors of production B. Secondary Activity
are privately owned.
C. Tertiary Activity
A. free enterprise
D. Quaternary Activity
B. mixed economy
C. command economy 528. What is the definition of Imperialism?
NARAYAN CHANGDER
D. market economy C. tertiary sector
542. What are some positives of globaliza- D. quaternary sector
tion?
547. Which of the following countries has a
A. Cheap sneakers and clothes comparative advantage in regards to ship-
B. Cheap electronics ping lanes?
C. Information is easy to access and it
travels quickly (internet and social media)
D. All of the answers are correct
546. Based on the graph shown, this country’s A. More Developed Country
economy is focused on the B. Newly Industrialized Countries
559. A car dealership provides a service, and 564. What type of economic activity requires
therefore, is an example of which activ- extensive areas of land?
ity?
A. Manufacturing
A. Primary Sector
B. Mining
B. Secondary Sector
C. Tertiary Sector C. Agriculture
NARAYAN CHANGDER
560. The five stages of growth experienced by 565. Singapore became a trading colony of the
countries who ascribe to the international British Empire in
trade approach to economic development;
namely, traditional society, preconditions A. 1924
for take-off, take-off, drive to maturity, B. 1824
and the age of high mass consumption.
C. 1842
A. Rostow’s Stages of Growth Model
B. Hotelling’s Model D. none of above
C. Wallenstein’s Word Systems Theory
566. A capital intensive industry that requires
D. Weber’s Least Cost Theory much raw materials and energy, e.g. iron
and steel works.
561. are given by government to en-
sure its products produced in their country A. Heavy Industry
would cost less and are more competitive
than those from other countries. B. Light Industry
A. Quota C. Footloose
B. Standards D. Trade
C. Exchange control
567. Manufacturing system that relies on
D. Subsidies
highly educated workers, doing complex
562. A industry can be located near either tasks with a high degree of flexibility.
the market or the source of the raw mate- A. Fordism
rial.
A. raw material orientatec B. Toyotaism
A. Push factors encourage people to 576. Industry where goods are made in large
move, while pull factors make them want factories.
to move A. Subsistence Agriculture
B. Pull factors and push factors are all B. Commercial Agriculture
the same
C. Cottage Industry
C. Nothing D. Commercial Manufacturing
D. A little
Explanation:Push factors push people 577. Why do developed nations consume most
away from their current location, while of the world’s energy resources?
pull factors pull them towards a new lo- A. Lack of access to renewable energy
cation. Together, these factors influence sources
NARAYAN CHANGDER
A. A decline in the importance of the pri-
that burn fossil fuels.
mary sector
A. True B. A decline in the importance of the sec-
B. False ondary sector
C. An increase in the importance of the
579. How is a country’s literacy rate associ-
secondary sector
ated with its Gross Domestic Product per
capita? D. A decline in the importance of the pri-
mary and secondary sectors
A. A low literacy rate typically means a
high per capita GDP. 583. A market economy is very different from
a command economic system or a tradi-
B. There is no connection between a
tional system. Which of the following is
country’s per capita GDP and literacy rate.
found in a market economy?
C. A country’s per capita GDP is not af-
A. Free labor
fected by the country’s literacy rate.
B. Competition between businesses
D. There is a strong correlation between
a country’s high literacy rate and its high C. Government control of industry
per capita GDP. D. Government control of agriculture
580. Brain drain occurs when: 584. Which of the following terms is most
closely associated with the international
A. young people leave their home country (global) division of labor?
for education and donot return
A. outsourcing
B. teachers are underpaid and leave edu-
B. primary economic activities
cation to work in otherindustries
C. national debt
C. a workforce is undereducated and can
only perform low-skill jobs D. economic sustainability
D. educational facilities close due to lack 585. On October 21, 2020, 100 Indian rupees
of funding and support fromthe govern- can be exchanged for:
ment A. More than 30000 VND and less than 35
E. girls and women do not have the same THB
access to education as boysand men B. More than 150 JPY and less than 90
Explanation:Brain drain occurs when RUB
young people leave their home country C. More than 20 MXN or less than 50 PHP
to obtain an education superior to the one
they could obtain in their home country D. The three answers above are all wrong
and do not return. E. There is more than one correct answer
586. A political and economic theory of so- 591. What resource is shown in the pic-
cial organization that advocates that the ture?ANDWhat level of economic activity
means of production, distribution, and ex- would it be?(SELECT TWO)
595. A (A. footloose or B. ubiquitous) indus- 600. Which group has the greatest influence in
try can be located near either the market determining what goods and services will
or the source of the raw material. be produced in a communist economy?
A. A A. farmers
B. B B. consumers
NARAYAN CHANGDER
of transporting inputs to factories and fin-
ished products to market; and which 601. An example of a quaternary economic ac-
firms seek a location with unique charac- tivityis
teristics
A. fishing.
A. situation factors; site factors
B. ship building.
B. Input factors; output factors
C. service provision.
C. More developed factor; less devel-
D. research.
oped factor
D. bulk-gaining factors; bulk reducing fac- 602. a system in which private individuals or
tors groups have the right to own property or
businesses and make profit with limited
597. When similar businesses agglomerate, government interference
they maximize profit. What is this called?
A. traditional economy
B. market economy
C. free enterprise
D. mixed economy
NARAYAN CHANGDER
lifestyles? B. Specialization in goods and services
A. Newly Industrialized Countries (NIC) that a country can market for profit
B. Less Developed Countries (LDC) C. exchabge of goods and services
C. More Developed Countries (MDC) D. the means in which a country uses its
exports
D. None of these options
618. Primary economic activity examples in-
614. are resources that cannot be replaced. Ex. clude all BUT
fossil fuels.
A. fishing
B. car mechanic
C. farmer
D. miner
NARAYAN CHANGDER
631. Primary economic activities use natural
resources directly to provide raw materi- D. Manufacturing industry
als for industry. Which of the following 636. Cultural Boundaries
statements describes the logical next sec-
A. divide two groups of people with a dif-
tor activity?
ferent way of life.
A. Quaternary activities research and de-
B. are formed by written agreements that
velop new products.
separate nations
B. Tertiary activities use raw materials to C. follow natural features such as rivers
produce or manufacture new goods. of mountains
C. Secondary activities use raw materials D. are always permanent
to produce or manufacture new goods.
637. Push factors are
D. Quaternary activities recycle raw ma-
terials for reuse.
A. Investment D. India
B. Gross Domestic Product 648. The scientific study of human society and
C. Free Enterprise social relationships
D. Money A. social science
643. What does a 1 on the HDI scale mean? B. economics
A. a high HDI C. economic systems
B. a low HDI D. economics
649. Resources and technology never influ- 653. Which is a resource that allows nations
ence economic development and quality of to develop a high per-capita GDP?
life.
A. State-owned farms
A. True
B. humanitarian aid
B. False
C. skilled workforce
650. What type of government has a king or
queen that holds all the power? D. governmental restrictions
NARAYAN CHANGDER
654. What are resources that are replaced by
the Earth’s Natural Processes called?
A. renewable resources
B. exhaustible resources
C. finite resources
D. non-renewable resources
A. Monarchy
655. In a command economy, the government-
B. Dictatorship
A. has little say in what is produced
C. Direct Democracy
B. does not influence the distribution of
D. Republic
goods and services
651. Which level of development is a country C. ensures that there is a wide gap be-
where most people work at the subsis- tween rich and poor
tence level?
D. controls all economic decisions of a
country
658. Based on the graph shown, this country’s B. legal limits on sawmill production in
economy is focused on the U.S. forests
661. Which country is Vietnam’s largest trad- D. Fewer immigrants moved to these ar-
ing partner in Europe? eas.
NARAYAN CHANGDER
emerged when European nations began
inspired.
exploring the rest of the world.
A. Monarchy
665. What is a tertiary industry?
A. Provides a service for people B. Oligarchy
B. Manufactures products C. Theocracy
C. Collects or produces natural re- D. Democracy
sources
D. Research and technology 670. Germany ranks 2nd in the world in which
of the following aspects?
666. Which factor Is matched with the correct
box? A. Traffic net
B. Export
C. Import
D. Mineral reserves
673. How large is India’s economy in the B. A country that has a developed econ-
world? omy with advanced technological infras-
tructure relative to other less industrial-
674. A country that, according to the united 679. In this economic system there is private
nations, exhibits the lowest indicators of property but the state intervenes creating
socioeconomic development. (Ex. Palau, laws and regulating prices.
Pakistan, Zimbabwe)
A. More Developed Country
B. Less Developed Country
C. Newly Industrialized Country
D. none of above
A. Market economy
675. The use of goods or services B. Mixed economy
A. production C. Communism
B. distribution D. Subsistence economy
C. consumption 680. Which are effects of unequal distribution
D. economics of resources?
A. Decreased inequality
676. The secondary sector of the economy B. Equal distribution of resources
A. provides raw materials C. Conflict over control of resources, im-
B. processes raw materials and provides perialism, uneven economic development
manufactured products D. Increased overall well-being
C. designs the company logo 681. Which of the following is a secondary eco-
D. none of above nomic activity?
A. Fishing
677. What is an embargo?
B. Retail
A. A government order to stop trade.
C. Mining
B. A limit placed on imports. D. Production
C. A tax placed on imports.
682. Education encourages economic develop-
D. none of above ment plus which of the following:
A. Innovation
678. How would you describe a More Devel-
oped Country? B. Entrepreneurship
A. Low-income countries characterized C. outdated work practices
by little industry D. Trade Unions
683. government owns certain businesses and 688. Picking fruit requires no skills or training.
services (healthcare, education); private This type of job falls under the category of
ownership is allowed
A. unskilled labor
B. semi-skilled labor
C. skilled labor
D. professional labor
NARAYAN CHANGDER
689. Example of a Quaternary Economic Activ-
A. capitalism ity
B. socialism A. Researchers/Scientists
C. marxism B. Farmers
D. communism C. Teachers
684. Microcredit loans are most often issued D. Not a geographic term
in developing countries to women.
690. The internal combustion engine is an ex-
A. True
ample of a technology that has created a
B. False demand for what resource?
687. Why did people move to the cities during 692. Cultivation or farming of seafood in a con-
the Industrial revolution? trolled, artificial environment is called
A. Jobs in factories A. aquaculture
B. Jobs on the farm B. agriculture
C. Family C. sea farming
D. Friends D. forestry
693. The growth of cities, brought about by a 698. adding value to raw materials, manufac-
population shift from rural areas and small turing.
communities to large ones, and the change
702. Which of the following regions produces 707. Which economy a country has is largely
the most oil? decided by what type of the country
A. China has.
A. industry
B. Russia
B. population
C. the Middle East
C. environment
D. the United States
D. government
NARAYAN CHANGDER
703. An economy where production of goods &
services determined by customer demand 708. are resources that can be replaced natu-
rally overtime.
A. Command
B. Market
C. Traditional
D. Let it happen
705. Economic Sectors:Revolve around making 709. What are quaternary economic activi-
products from natural resources. ties?
A. Primary Sector A. depending on hunting, fishing, farming,
B. Secondary Sector
B. jobs concerned with research and de-
C. Tertiary Sector
velopment
D. Quarternary Sector C. part of the economy that involves ser-
E. Quinary Sector vices
D. jobs concerned with manufacturing
706. An economic system in which businesses,
industries, and resources are privately 710. Where would lower labor costs locations
owned be?
A. market system A. close to the city
B. command system B. marketplace
C. capitalism C. far from the city
D. free enterprise D. none of above
711. A government ruled by religious leaders 715. Which list correctly ranks this country’s
or has laws based on religion. levels of economic activity from largest to
smallest?
719. Types of Economic Systems:The individual 723. Which of the following statements is
makes all decisions and there is no role for false?
government in the economy A. In modern times, corporations have in-
A. Traditional creasingly replaced family farms.
B. Command B. Local farmers are often unable to com-
C. Market pete with agribusiness.
D. Mixed C. Traditionally, agriculture was done by
NARAYAN CHANGDER
families who owned and farmed small
720. What are the main economic activities in tracts of land.
the Andean region?
D. By using machinery, companies are
A. Oil drilling, construction, and banking able to increase the price of agricultural
B. Agriculture, mining, and tourism goods.
C. Fishing, manufacturing, and technol- 724. One of the greatest areas of concern
ogy when utilizing nuclear power is
D. Textile production, forestry, and A. contamination
telecommunications
B. water availability
721. Many companies in the U.S. have relo-
C. land availability
cated to the Sun Belt primarily because of
which of the following: D. cost
A. HDI measures factors such as life ex- 725. Internal combustion engines caused a de-
pectancy, literacy, education level, and mand for
standard of living are higher in the U.S.
A. petroleum
south
B. the climate is warmer for workers B. wood
when compared with the industrial rust C. solar
belt D. wind
C. the south has cheaper costs associ-
ated with labor or real estate 726. It is the act to visiting a leisure destina-
tion with the large amount of people at
D. Southern ports have established trad- one time
ing networks free of trade barriers with
other core countries A. Educational Tourism
Explanation:Costs associated with doing B. Mass Tourism
business in the U.S. are generally lower in C. Cultural Tourism
the south (Sun Belt) when compared with
the northeast (Rust Belt). D. Mainland Tourism
722. Which sector of economy would you find 727. What is the worldwide top producer coun-
this job:advertising creator try of oil?
A. Primary Sector A. Russia
B. Secondary Sector B. Saudi Arabia
C. Tertiary Sector C. USA
D. Quaternary Sector D. Iraq
728. a set of beliefs, behaviors, and traits 733. Activities provided by another person.
shared by a group of people
A. goods
NARAYAN CHANGDER
footloose industries include catalog compa-
740. Why do countries engage in trade? nies, which can locate anywhere as ship-
A. To cause inflation and unemployment ping in the US depends on weight not dis-
tance, as well as expensive and light items
B. To limit the variety of goods and ser-
such as diamonds or computer chips.
vices available
A. Agglomeration Economies
C. To obtain goods and services, bene-
fit from comparative advantage, and pro- B. Cottage Industry
mote economic growth C. Footloose Industry
D. To decrease economic growth and de- D. Fordist
velopment
745. How are natural resources distributed
741. Populations living in less developed coun- throughout the world?
tries tend to have higher percentages of
workers employed in what area? A. Natural resources are spread out un-
evenly around the earth.
A. mining
B. Most natural resources lie beneath the
B. manufacturing ocean floor.
C. food production C. Most natural resources are found in
D. services developed nations.
E. transportation D. Natural resources are distributed
Explanation:Compared with MDCs, LDCs evenly among all nations.
tend to reflect less mechanized agricul-
ture, resulting in higher percentages of 746. In a traditional economy, which of the fol-
workers engaged in food production. lowing characteristics does NOT belong?
A. people did not grow surplus
742. the production and exchange of goods
and services B. growing food for the farmer and their
family
A. economy
C. if you’re grandfather was a farmer,
B. natural resources you would follow his path
C. GNP D. the government had full control over
D. Primary Activities what people traded
743. Traditional economic practices focused on 747. How do we determine if a country is less
developed, developing or developed?
A. self-sufficiency A. Using the Human Development Index
B. The size of the country’s Government 753. In this type of economy, the individual de-
C. The amount of tourism the country has cides who to sell their products to.
C. the activities related to the transfor- 761. What is a positive trade balance?
mation raw materials into products A. A positive trade balance (surplus) is
D. the activities related to the transfor- when imports exceed exports
mation of raw materials into products that B. A positive trade balance (surplus) is
enable human needs to be met when goods exceed services.
758. How would you describe a newly indus- C. A positive trade balance (surplus) is
trialized country? when services exceed goods.
NARAYAN CHANGDER
A. A country characterized by large indus- D. A positive trade balance (surplus) is
trial and service sectors with high levels when exports exceed imports.
of gross national product 762. Does this population pyramid show about
B. A country that has begun transition- Japan?
ing from primarily agricultural to primarily A. Japan has a high growth rate
manufacturing and industrial activity
B. Japan has a negative growth rate
C. A country that is characterized by agri-
culture and they barter instead of use 763. Industries that produce perishable goods
money are mainly (A. market or B. raw material)
orientated.
D. none of above
A. A
759. Which factor most discourages the use of B. B
these types of resources?
764. Which of the following is least likely to
decrease when compared with an increase
in a country’s economic development?
A. GDP
B. Gini Coefficient
C. Gender Inequality Index
D. birth rate
A. Financial profits E. primary sector employment
Explanation:Of all the choices, GDP is
B. Employment levels
least likely to decrease as a country
C. Environmental issues proceeds through economic development.
Birth rates drop as a country develops.
D. Technological developments
All other values represented tend to de-
760. An economy where goods and services crease as a country develops.
traded without using money 765. A carpenter belongs to
A. Command A. Primary sector
B. Market B. Secondary sector
C. Traditional C. Tertiary sector
D. Let it happen D. none of above
766. What is the definition of a producer? 770. Which of the following best explains a
A. anything that can be produced or mixed economy?
A. Farms are small so no surplus for sale 771. The Industrial Revolution was triggered
B. Governments of homelands did not by sweeping changes in what?
train people to farm A. Religion
C. Poor roads and distance to markets
B. Education
and ports very large
D. Production costs increased (seeds, C. Farming/Agriculture
fertilisers, irrigation water, etc) D. Politics
E. Supply little to the market
772. Which is an advantage for a small, de-
768. economic activities add value to raw veloping country in joining an economic
materials by processing them or changing union?
their form. Ex:wood being made into ta-
bles/furniture
A. Primary
B. Secondary
C. Tertiary A. Closing of inefficient industries
D. none of above B. Access to natural resources with re-
strictions
769. What should be produced?2. How should
it be produced?3. Who gets what is pro- C. Replacing family farms with agribusi-
duced? In this economic system, the three ness
fundamental economic questions above
D. Greater access to international mar-
are answered by officials in the govern-
kets
ment.
A. Socialist (Mixed) Economy 773. The monetary value of all finished goods
B. Free Enterprise (Free Mar- and services made within a country during
ket/Capitalist) Economy a specific period is gross domestic product.
C. Communist (Command) Economy A. True
D. Traditional Economy B. False
774. Jaylynn has opened a restaurant serving 779. A newspaper can be both a primary or
strawberry desserts. Tien and Marcela secondary resource.
are security guards at the restaurant. A. True
What business sector are they all apart of?
B. False
A. Tertiary Explanation:IF the newspaper was writ-
B. Primary ten at the time of the event then it is pri-
C. Quaternary mary. IF it is written after the event oc-
curred then it would be secondary unless
NARAYAN CHANGDER
D. Secondary the author witnessed the event.
775. Which of the following is a primary sec-
780. Who created the least cost theory-
tor economic activity?
focusing on the best situation factors
A. mining (transportation costs, labor costs, and ag-
B. retail trade glomeration) for industry location?
C. manufacturing A. Alfred Weber
D. none listed B. Immanuel Wallerstein
C. Halford Mackinder
776. Which term describes the social science
that studies the production, distribution, D. from Thunen
and consumption of goods and services?
781. What is the term for natural resources
A. Economics that have been extracted by primary in-
B. Industrialization dustries to be changed into a useful form?
C. Geography A. raw materials
D. GDP B. bare necessities
784. Other indictors of a the strength of a 789. Which of the following is a definition of
country’s economy are:(choose all that are mass tourism?
correct)
785. Which resource is mainly responsible for D. Disorganised tourism for large num-
South Africa’s economic gain? bers of people
A. Oil 790. A country that has a High Literacy Rate
B. Gold/Diamonds (greater than about 95%)
C. Coal A. More Developed Country
D. Cocoa beans B. Less Developed Country
786. Shopping malls are an example of: C. Newly Industrialized Country
D. none of above
B. foreign B. Outsourcing
C. provincial C. Deindustrialization
D. home D. Nationalization
NARAYAN CHANGDER
D. centers of manufacturing and process-
ing A. 2
B. 3
795. Over time, what has the use of petroleum
as an energy source caused? C. 6
D. 7
A. Increased air quality
B. Preservation of natural habitats 799. Blake and Herman have opened a very
successful furniture making factory. They
C. Reduction in greenhouse gas emis- are apart of which business sector?
sions A. Secondary
D. Transportation and environmental con- B. Tertiary
cerns C. Primary
D. Quartinary
796. production of goods and services is deter-
mined by the demand from consumers 800. Which sector has grown the fastest in de-
veloped countries?
A. market economy
A. primary
B. command economy
B. secondary
C. Traditional Economy C. tertiary
D. Mixed Economy D. agriculture
802. The capital of Brazil was moved from Rio 807. Which of the following is an inex-
de Janeiro to: haustible energy source, there is more
than one answer, check all that apply
B. Steam engine 809. Coal, oil, and natural gas are all exam-
C. Pin Volta ples of
812. In countries that are not industrialized, 818. This type of economic activity is respon-
most people work sible for the processing and distribution of
A. in secondary economic activities. information.
A. Primary Sector
B. in tertiary economic activities.
B. Secondary Sector
C. in primary economic activities.
C. Tertiary Sector
D. in quaternary economic activities.
D. Quaternary Sector
NARAYAN CHANGDER
813. When supply is higher than demand,
819. Economic activities have four categories
prices will be
A. 1. singing 2. dancing 3. art 4. money
A. high
B. 1. coffee 2. tea 3. sandwiches 4.
B. low
scones
814. The result of deindustrialization in which C. 1. Farming2. Mining3. Swimming4.
clusters of factories sit unused Driving
A. Periphery Zone D. 1. agriculture and aquaculture 2. man-
ufacturing 3. public services 4. informa-
B. Industrial Core
tion processes
C. Suburb
820. Because the motor vehicle assembly in-
D. Rust Belt
dustry is typically described as a bulk-
815. Which of the following would NOT be as- gaining industry, Honda’s most important
sociated with mass production? factor when selecting a location for a new
assembly plant in the United States was
A. Interchangeable parts
A. minimize cost of shipping finished vehi-
B. division of labor cles to U.S. customers
C. unique, hand made goods B. minimize cost of shipping inputs/raw
D. assembly line materials
C. maximizing delivery time to customers
816. An economic activity in which people use
raw materials to produce or manufacture D. the location of highways and railroads
new products of greater value 821. Bringing goods in from another country
A. Primary to sell.
B. Secondary A. import
C. Tertiary B. export
D. Quaternary 822. In which economic system does the gov-
ernment answer all three of the big eco-
817. A waiter or waitress would be a part of nomic questions? (What to produce? How
which sector of the economy? to produce? For whom to produce?)
A. Primary sector A. Command
B. Secondary sector B. Socialism
C. Tertiary sector C. Market
D. None of the above D. Traditional
833. Which conclusion is best supported by the 838. Which statement best explains why na-
information in these examples? tions must trade?
A. All nations belong to free trade agree-
ments.
B. All nations seek out new production
methods.
A. Production and consumption rates are C. No nation has all necessary resources.
NARAYAN CHANGDER
affected by population D. No nation can employ all of its labor-
B. Technology has little effect on the eco- ers.
nomics of a region
839. GDP
C. Physical geography affects the eco- A. total value of goods produced and ser-
nomic activities of an area vices provided in a country during one
D. Major urban centers are usually lo- year
cated along rivers and deltas B. quick wi-fi connection
834. Which country/region is the semi- C. total value of goods produced and in a
periphery of Japan? country during one year
A. Southeast Asia (e.g. Vietnam) D. total value of services provided in a
country during one year
B. Russia
C. China 840. How many rivers are there in Russia?
A. 2 million
D. India
B. 1.5 million
835. Soil, water, and forests are C. 1 million
A. renewable resources D. 2.5 million
B. nonrenewable resources
841. How many levels of economic activity are
C. quickly dissipating there?
D. are being replaced by technological ad- A. 4
vances B. 3
836. The unequal distribution of resources has C. 2
not changed over time. D. 1
A. True
842. What are push factors in migration?
B. False A. Factors that motivate people to leave
837. Before the Industrial Revolution all prod- their places
ucts were created by B. Factors that attract people to their
place of destination
A. Factories
C. Factors related to political stability
B. Hand
and good government services
C. Slaves D. Factors related to natural calamities
D. Royalty and bad climate
846. Which of the following images best rep- 850. Opportunity to make more money is a
resents Literacy Rate?
A.
B.
A. push factor
B. pull factor
C. 851. The Big Mac Index is an example of
A. Gross Domestic Product
D. B. Purchasing Power Party
C. Gross National Income
D. National Trade Deficit
847. A country making progress toward indus-
trialization and whose standard of living is 852. Norilsk Nickel was a leading mining com-
improving. pany in Russia in 2015. This is a form of
A. More Developed Country
NARAYAN CHANGDER
B. Secondary Sector A. War, social unrest, and corruption
861. What was created to help with trade be- 866. What does the acronym IDZ stand for?
tween Canada, U.S., and Mexico? A. Industry Debit Zones
A. NASA B. Interest Development Zones
B. TRADE ACT C. Industrial Development Zagging
C. NAFTA D. Industrial Development Zone
D. none of above
867. Which type of economy is found in the
862. Which of the following is included when United States?
determining the HDI of a country? You A. Market Economy
may choose more than one answer if ap-
plicable. B. Command Economy
A. Life expectancy at birth C. Traditional Economy
B. Mean years of schooling D. none of above
C. Expected years of schooling 868. The total value of all goods and services
D. GNi per capita produced in one year within a country is
called the
863. What is GDP?
A. per capita income.
A. The value of goods and services, using
current prices and ignoring inflation B. gross domestic product.
870. What is a domestic tourist? 874. What level of development is the United
States?
A. More Developed
B. Less Developed
C. Newly Industrialized
D. none of above
NARAYAN CHANGDER
A. A person who travels place to place to 875. A business in the food court of a shopping
learn its history centre is operating in which 2 industry sec-
tors?
B. A person who travels around their own
country, outside where they live A. Primary and Quinary
879. North Carolina is home to the Raleigh- C. Trade barriers and scarcity
Durham-Chapel Hill area with top universi- D. Specialization & currency
ties producing an educated workforce, lo-
888. Toyota operates in which industry sec- 893. Which phrase best completes this dia-
tor? gram?
A. Primary
B. Secondary
C. Quaternary
D. Quinary
NARAYAN CHANGDER
889. What is sustainable development?
A. Development that depletes natural re-
sources A. Low average age
B. High average income
B. Development that balances current hu-
man well-being and economic advance- C. High literacy rates
ment with resource management for the D. Low disease rates
benefit of future generations
894. A person who buys goods and services
C. Development that does not use natural
resources A. consumer
D. none of above B. entrepreneur
C. resource
890. Fill in the blank: has replaced coal as
the world’s primary energy resource. D. currency
905. Which of the following countries has a D. The total value of goods and services
command economy? produced by a country during a year.
A. United States 911. Geographers study economic geography
B. Canada by:
C. North Korea A. studying the economy of the different
levels
D. United Kingdom
B. looking at all the regions and studying
NARAYAN CHANGDER
906. Which type of economic activity uses raw the people’s activities
materials to produce something new?
C. analyzing the regions and people and
A. Primary how both support the country
B. Secondary D. looking at how people in a region sup-
C. Tertiary port themselves and how economic activi-
ties are linked across regions
D. Quaternary
912. What is a market economy?
907. Which of the following are favourable
conditions for agriculture in SA? A. Prices and availability are determined
by supply and demand
A. Wide range of climatic zones
B. The government controls the means of
B. Use of modern technology such as irri- production and distribution
gation and greenhouses
C. Prices and availability are determined
C. Wide range of skilled and semi-skilled by the government
labour
D. The government plays little to no role
D. Labour unrest in regulating the economy
908. Which of the following should NOT be in 913. How many members does APEC currently
a business plan? have?
A. Marketing plan A. 19
B. Production plan B. 20
C. Loan plan C. 21
D. Financial plan D. 22
909. Countries with a high percentage of ter- 914. Out of the following countries, who
tiary workers are would have the lowest standard of living?
A. developed countries A. Canada
B. developing countries B. Liberia
C. New Zealand
910. GDP is the
D. South Africa
A. The total value of goods and services
produced by a country 915. Large-scale farming that involves a big
B. The amount of goods sold to foreign profit
countries A. Commercial
C. The amount of money a country has B. Subsistance
928. Income generated by a country through 933. The creation of a good or service.
exports refers to A. production
A. per capita income. B. distribution
B. foreign exchange.
C. consumption
C. export-orientated industries.
D. economics
D. export market.
934. The Gini coefficient measures the income
929. What type of economy do most countries
NARAYAN CHANGDER
disparity between:
in the world have?
A. the wealthiest and poorest population
A. Market economy groups in a country
B. Command economy B. men and women throughout third-
C. Traditional economy world countries
D. Mixed economy C. residents of urban and rural areas in a
country
930. What is a Tourist?
D. workers in different industries in the
same country
E. members of the middle class in Euro-
pean countries
Explanation:The Gini coefficient measures
A. A person who travels overseas for less the income or wealth distribution inequal-
than 1 year ity in a country, measuring the gap be-
B. A person who travels away from tween the wealthiest and poorest popula-
where they usually live for at least one tions.
night but no more than 1 year
935. The Gross National Product (GNP) are
C. A person who travels from place to only the goods and services created within
place for more one year the country.
D. A person who stays at home and never A. True
visits anywhere
B. False
931. Trade occurs in a single country and inter-
nationally among other countries. 936. The exchange of goods and services by
sale or barter driven by the need for re-
A. True, trade occurs in a single country sources.
and with other countries.
A. Fair Trade
B. False, trade only happens in a single
country. B. Globalization
C. Trade
932. People who take risks to start businesses
are called D. Standard of Living
A. communists 937. The study of Commercial Geography is
B. entrepreneurs beneficial to the
C. service clerks A. Market Development
D. postal workers B. Economic Development
NARAYAN CHANGDER
950. Which factor is most responsible for in- A. Small rural settlement
creasing life expectancy in many develop- B. Large urban city
ing nations?
C. Large farming community
A. Declining birth rates
D. Small coastal village
B. Availability of health insurance
955. Many businesses in industrialized coun-
C. access to primary education
tries have maintained competitive prices
D. improved health care programs for their products by
951. An economy where production of goods A. exporting labor-intensive work to de-
and services determined by a central gov- veloping nations
ernment B. offering monetary incentives to em-
A. Command ployees to increase production
B. Market C. preventing jobs from being outsourced
to other countries
C. Traditional
D. increasing the hourly salaries of em-
D. Let it happen ployees
952. Using the bar graph, what can be con- 956. Which economic behavior is best demon-
cluded? strated by ghost towns?
A. Adults in level 3 have a low English lit- A. When resources are exhausted, peo-
eracy ple move elsewhere.
B. Adults in level 1 have a high English lit- B. As towns grow, there is less need for
eracy government services.
C. Adults in level 3 have more success in C. Increased agricultural productivity
education leads to fewer farm towns.
D. There is 31% adults in level 3 D. Increased urban sprawl leads to less
land available for farming.
953. Subsistence economy means
957. Food processingClothing and texti-
lessteel/metal manufacturingBuilding ma-
terialsComputers, auto makinganything
manufactured!
A. primary economic activity
B. secondary economic activity
B. Myanmar C. farming
C. Campuchia D. mass production
D. East Timor
973. What is the primary purpose of job spe-
968. Provide information, management, and cialization?
research services by highly-trained per- A. increased consumer income
sons.
B. regional self-sufficiency
A. secondary activities
NARAYAN CHANGDER
C. increased efficiency and productivity
B. primary activities
D. increased marginal utility
C. tertiary activities
D. quaternary activities 974. A company that uses more than one mode
of transport will often locate near
969. What is the main religion of the Indian
people? A. break-of-bulk points
A. HInduism B. consumers
B. Buddhism C. raw material
C. Islam D. major urban areas
D. Worship good religion E. their sources of inputs
970. Identify all the factors that favour mining 975. In a traditional economy, information
in South Africa. about the way goods are produced is
A. Huge resources to mine passed from generation to generation by
the
B. Mineral rights in SA all to the Govern-
ment A. family
C. Thick continuous mineral seams B. legal system
D. Coal available for energy C. public schools
E. Government aid available to help small- D. government
scale independent miners to run mines
safely and profitable 976. Primary Sector activities include:
977. Which of the following is a reason to lo- 982. What does the first ring represent?
cate near to the market? A. Forests
987. Who or what answers the basic economic 992. Which industry is considered a ‘pedestal’
questions in a command economy? in the economies of Southeast Asian coun-
A. Individuals and Businesses tries?
B. Government A. Agriculture
C. Custom B. Industry
D. Individuals, Businesses, and Govern- C. Service
ment
NARAYAN CHANGDER
D. none of above
988. What part of the economic spectrum
would you find the United States? 993. Which of the following cities is an im-
portant religious center for Judaism, Chris-
tianity, and Islam?
A. Jerusalem
B. Mecca
C. Varanasi
D. Rio de Janeiro
A. On the Left
994. What is another name for service indus-
B. On the Right
tries?
C. In the Middle
A. Primary industry
D. It is not on the line it is traditional
B. Secondary industry
989. North Korea is an example of a dictator-
ship: C. Tertiary industry
A. True D. none of above
B. False
995. Large-scale production of materials and
990. is the total value of goods and ser- goods that are large in size.
vices produced in a country for one year.
A. Heavy industry
A. standard of living
B. Market-orientated industry
B. literacy rate
C. GDP (Gross Domestic Product) C. Light industry
991. An expensive and militant input prone to 996. Which of the following best describes the
high wages and poor productivity in South South African economy
Africa.
A. Command
A. Energy supply
B. Heavy industry B. Mixed
NARAYAN CHANGDER
sumed A. A mixed Economy or Socialism
B. Physical objects we use throughout B. A command economy or Communism
the course of a day
C. A free market economy or Capitalism
C. Activities provided for us by other peo-
ple D. none of above
D. The value of goods and services pro- 1014. Birth rates tend to be higher in
duced within a country in a year
A. Developed countries
1009. People or businesses that buy, or use,
products. pg. 59 B. Developing countries
NARAYAN CHANGDER
in urban areas.
nomic development the
A. 2030
A. Lower the cost of living
B. 2100
B. Higher agricultural labor force
C. 2050
C. Lower the urban population
D. 2040
D. Higher the standard of living
1029. When the government puts a tax on 1035. What is the cause of the world’s second
goods coming into a country, it is called fastest growth in India’s automobile indus-
a: try?
A. GDP A. Cheap technical labor
B. tariff B. Policy to attract FDI
C. subsidy C. “Made in India” program
D. remittance D. Favorable geographical location
1039. The biggest problem faced by less devel- D. attempts made to modernize a resort
oped countries in financing development is after period of decline
A. Supply
1056. HOME CONSTRUCTION is an example of
B. Demand which industry sector?
C. Competition A. Primary
D. none of above
NARAYAN CHANGDER
B. Secondary
1052. Farming and raising livestock for profit
C. Tertiary
is called
A. Subsistence farming D. none of above
B. Commercial farming
1057. Patterns of urban development occur ac-
C. Arable farming cording to:
D. none of above
A. the color of buildings and the types of
1053. Alfred Weber’s Least Cost Theory takes trees in the area
into account all of the following EXCEPT:
B. the number of coffee shops and the
availability of public transportation
C. the phases of the moon and planetary
alignment
D. Site and situation
A. locating markets close to raw materi-
als. 1058. In this type of economy the government,
B. transportation costs. who owns the means of production, deter-
mines what will be produced.
C. weight of raw materials.
A. market economy
D. agglomeration costs.
E. consumer demand for the finished B. free enterprise
product. C. command economy
1054. Oil is an example of D. all of the above
A. Natural Resources
B. Human Resources 1059. What is the RDP?
C. Capital Resources A. Reconstruction Development Pro-
D. Entrepreneurship gramme is a South African socio-
economic policy framework implemented
1055. Morgan and Madison work as lumber- by the African National Congress (ANC)
jacks, which business sector do they work
in B. Its an important policy instrument
aimed at broadening the economic base
A. Tertiary of the country by stimulating further eco-
B. Secondary nomic growth and creating employment
1069. Which of the following factors is NOT 1074. What is Free Enterprise?
part of HDI (Human Development Index)? A. Economic system in which the govern-
A. Life expectancy ment controls everything
B. Expected years of schooling for chil- B. Economic system that is passed down
dren and average years of schooling for through the generations
adults C. Economic system in which individuals
C. GNI per capita and businesses are allowed to compete
NARAYAN CHANGDER
for profit with a minimum of government
D. Government taxation income
interference
1070. A ban on importing or exporting se- D. none of above
lected products or trading with a particular
country is called 1075. insurance is an example of
A. an embargo A. primary sector
B. an import B. agriculture
D. lotions
NARAYAN CHANGDER
B. chef
C. farmer
D. tree trimmer A. capitalism
1089. An input factor that has become increas- B. socialism
ingly erratic often resulting in load shed- C. marxism
ding.
D. communism
A. labour supply
B. Energy supply 1094. Which of the following are among the
C. Raw material main industrial activities found in the PWV
complex?
D. Footloose
A. Chemical industries
1090. model of economic and social develop-
B. Motor vehicles
ment that explains global inequality in
terms of the historical exploitation of poor C. Sugar refining
nations by rich nations D. Food and beverages
A. World Systems Theory
1095. Types of Economic Systems:Groups mak-
B. Modernization Model
ing decisions based on traditions and cus-
C. Organic Theory toms that have been handed down.
D. Dependency Theory A. Traditional
1091. Retail sales are part of the B. Command
A. Primary sector C. Market
B. Secondary sector D. Mixed
C. Tertiary sector
1096. a system of resource management in
D. Quinary sector which decisions about production and dis-
1092. Which two key groups make up a free tribution of goods and services are made
market economy? by a central authority.
1108. The idea that some people have more C. infrastructure costs.
access to and are better able to use tech- D. energy production costs.
nology is called the:
A. technology gap 1113. The formation of economic unions is fos-
tered by-
B. contagion theory of technology
A. Desire to promote military conflict and
C. technology transfer process
competition among member countries
D. maturity stage of technology
NARAYAN CHANGDER
B. Lack of interest in increasing trade
E. technology deficiency and economic cooperation among mem-
Explanation:The technology gap refers to ber countries
the gap in access to technical knowledge.
Poorer populations have less access, and C. Goal of reducing economic growth and
younger people tend to know more about development among member countries
how to use technology than older people, D. Desire to promote economic interde-
for example. pendence
1109. Urban populations do not exercise a 1114. Which system of government divides
powerful influence in shaping the world’s powers between the national government
cultural, political, and economic ideas and and state or provincial governments?
systems.
A. Unitary System
A. True
B. Federal System
B. False
C. Autocratic System
1110. The wealth and resources of a country D. Oligarchy System
or region, especially in terms of the pro-
duction and consumption of goods and ser- 1115. Which activity best completes this ta-
vices is a definition of ble?
A. Investment
B. Geography
C. Economy
D. Wealth
1125. Economic activity that involves the pro- 1129. Less developed countries usually partic-
duction of services. ipate in what type of economic activities?
A. primary sector A. tertiary
B. secondary sector B. primary
C. tertiary sector C. quaternary
D. capital D. secondary
NARAYAN CHANGDER
1126. What was the primary reason for mov- 1130. Secondary economic activity examples
ing into cities include all BUT
A. farming A. Carpenters
C. work C. Bankers
1134. What are examples of renewable re- 1140. What are some characteristics of human
sources? populations?
C. nuclear energy, fossil fuels, petroleum B. Number of pets, favorite food, and
shoe size
D. coal, oil, natural gas
C. Male/female distribution, birth and
1135. The city would be death rates, age distribution
A. urban D. Color, weight, height, and hair type
B. rural 1141. All of the following are economic differ-
1136. Insurance would be an example of an ences between developing and developed
economic activity in the countries:
A. Tariff A. mining
B. Embargo B. agriculture
1145. Human Development Index measures 1150. True or False:New Delhi is a completely
standard of living which considers the fol- separate area from the city of Delhi
lowing factors: A. Correct
A. measures the money in a country B. Sai
(GDP)
1151. Which of the following is an example of
B. education, income and health
a good? Select ALL that apply.
C. measures how many luxury items peo-
A. a shirt
NARAYAN CHANGDER
ple have
B. a phone
D. age, weight and height
C. a haircut
1146. A tariff D. a teacher
A. Encourages people to buy goods made
from their country. 1152. Russia’s (former Soviet Union) firsts in
the field of space conquest?
B. Increases trade between other coun-
tries. A. The first artificial satellite
B. or areas where goods are purchased 1169. A system in which government power
without trade barriers such as tariffs. and authority to rule belongs to a single
C. or areas where goods are traded with- person.
out trade barriers such as tariffs. A. Unitary system
D. or areas where goods are traded with- B. Federal system
out trade barriers such as taxes.
C. Confederation System
1165. In the core-periphery model of global
D. Autocracy System
NARAYAN CHANGDER
economic patterns, all of Africa isincluded
in the periphery, EXCEPT: 1170. Arabs in the Arab-Israeli conflict refers
A. Zimbabwe to what ethnic group?
B. Morocco
C. Lesotho
D. South Africa
E. Egypt
Explanation:South Africa is the only coun-
try listed that is not included in the periph-
ery.
1166. a good sent from one country to another
in trade
A. import
A. Jews
B. export
B. Christians
1167. What is the main idea of this section? C. Arab-Muslims
A. People produce, buy, and sell goods in
D. none of above
a variety of ways.
B. Geographers student where economic 1171. another word for money
activity occurs.
A. barter
C. The production of goods and services
is known as economic activity. B. economics
D. none of above C. currency
1173. What is ASEAN? 1178. All of the following help provide access
A. Association of Southeast Asian Na- to human, natural and capital resources:
1182. Which of the following are the two main B. market economy
factors of rural land use, according to the C. Tertiary Activities
von Thunen model?
D. Quaternary Activities
A. Technology and productivity
B. Transportation and land costs 1188. Go to Intracen to look up. India’s
four largest export products in 2019 carry
C. Sustainability and physical conditions
codes:27, 71, 84 and 28
D. Subsidies and commodities markets
NARAYAN CHANGDER
1183. Tertiary economic activities can be lo-
cated anywhere.
A. True
B. False
A. Correct
1184. Which below best completes this dia- B. Sai
gram?
1189. War is a
A. Manual Labor
B. Limited communication
C. Diverse economy
D. Specialized production
A. pull factor
1185. Which is the BEST example of a “foot-
loose” economic activity? B. push factor
1187. the way people produce and exchange C. High un-employment rates
goods D. Its better the formal sector
A. economic system E. Downsizing due to labour laws
NARAYAN CHANGDER
C. SHAFT 1207. Home-made products are product of
what?
D. AEC
A. industrial manufacturing
1202. Identify which of the following are SDI’s B. commercial agriculture
A. SWC C. cottage industries
B. Close up D. none of above
1212. To escape poverty and disease C. A European worker moves to the USA
A. Push and gets a high paying job at a tech com-
pany.
NARAYAN CHANGDER
stages in it’s cycle? B. Traditional Economy
A. 2 C. Free Enterprise
B. 4 D. Socialism
C. 6
1228. Choose all that are correct:
D. 7
A. In a traditional economy, people trade
1223. Over time, the use of solar energy has goods and services without money.
resulted in what concerns? B. In a free enterprise economy, publicly
A. Increased air pollution owned businesses create good that peo-
B. Aesthetic concerns, and cost. ple buy in markets. This is also called a
market economy or capitalism.
C. Decreased water pollution
C. In a command economy, the govern-
D. Reduced land use ment owns most parts of the of the econ-
1224. You may choose multiple answers if ap- omy and decides what will be produced
plicable. Economic activity includes: and sold.
1231. All natural resources used to make 1236. Transportation, retail trade, and infor-
goods and services mational technology services are what eco-
nomic activity?
1241. Humans are most likely to heavily pop- 1247. Which of the following statements is
ulate a area. NOT true about the effects of specialisa-
A. mountaintop tion?
B. desert A. Countries can sell their products in a
C. river delta large volume on the global market.
NARAYAN CHANGDER
vices. C. Specialisation brought about interna-
tional trade relationships.
A. Tertiary Activities
B. Primary Activities D. Countries can’t sell their products
cheaper than the competition.
C. Secondary Activities
D. Quaternary Activities 1248. Which of the following factors most dis-
1243. An industry that is located close to courages the use of natural resources such
where its customers live is known as a (A. as coal, trees, and petroleum?
raw material or B. market) industry. A. Financial profits
A. A
B. Employment levels
B. B
C. Environmental issues
1244. These power-producing resources are
the result of solar or planetary processes. D. Technological developments
They include sunlight, geothermal heat,
winds, and tides. 1249. The country described above would best
A. Inexhaustible energy sources be described as a
B. Renewable Resources
C. Nonrenewable Resources
D. Recyclable Resources
A. Developed country
1245. The influence of the automobile led to
the creation of B. Undeveloped country
A. Airports, interstate highways, and mo- C. Newly developed country
tels
D. Neolithic country
B. Interstate highways, drive up services,
motels, gas stations
1250. Taking raw materials from the soil or
1246. Which of the following is considered a water is:
NIC?
A. primary sector
A. Brazil
B. secondary sector
B. Saudi Arabia
C. Vietnam C. private sector
D. United States D. public sector
1251. Comparing the proportion of private 1255. Something essential for survival
spending on health care in the United
A. want
States to that spent in LDCs reveals
A. Finland
B. Denmark A. Command Economy
1259. What is the secondary level of economic 1263. Primary economic activities use raw ma-
activity? terials to manufacture something new.
A. dealing directly with resources A. True
B. manufacturing and processing B. False
C. services (transportation, retail) 1264. Any human made resource that is used
D. information technology to produce other goods and services
A. land
NARAYAN CHANGDER
1260. Interchangeable parts is making differ- B. labor
ent parts of products look
C. capital
A. identical
D. entrepreneur
B. interchange
1265. In the global economy, Japan is a major
C. opposite
participant because their location
D. cheaper A. allows Japan to received aid from the
United States.
1261. It is especially important for steel min-
imills to locate near: B. has forced the majority of their popu-
lation to work for international industry.
C. allows them to easily sell manufac-
tured goods to the rest of the world.
D. has made them a major military power.
NARAYAN CHANGDER
D. Capital Resources rectly to such a change?
1280. Producers of automobiles select loca- A. abolishing state control completely
tions primarily because of access to
B. encouraging consumers to spend
A. government subsidies more and save less
B. labor C. reducing exports and encouraging
C. the market more imports
D. raw materials D. transferring wealth from the state sec-
tor to the private sector
1281. Vietnam joined ASEAN on and be-
came the second member of this orga-
nization. 1285. Economy
A. 28/7/1995; 7
B. 23/7/1997; 6
C. 24/6/1994; 7
D. 26/4/1995; 6
B. Sudan
C. Indonesia
A. developed A. Oil
B. developing B. Diamond
C. in transition C. Uranium
1287. All of the following are indicators of HDI 1293. All of the following are push factors in
according to the UN, EXCEPT: cultural interactions except-
1297. Which of the following is NOT consid- E. cultural exchange between countries
ered a capital resource? and people separated by distance
A. skilled worker Explanation:While all of the other choices
are true, not all areas of the globe have
B. car equal accessto the benefits of technology.
C. hammer
D. saw 1301. True or false:Range is the minimum num-
ber of people needed to support a service.
1298. Which phrase best describes the subject
NARAYAN CHANGDER
of this newspaper headline? A. True
B. False
Explanation:THRESHOLD is the minimum
number of people needed to support a ser-
vice would be a true statement.
1305. What is a command economy? 1309. Which of the following is NOT a main
A. an economy in which production, in- criticism of Rostow’s model?
NARAYAN CHANGDER
1314. Which economic structure is this:The 1319. what year did migration to urban areas
produced/gathered things are the prop- begin?
erty of the whole society/tribe. A. 1900s
A. Traditional economy B. 1800s
B. Command economy C. 1600s
C. Market economy D. 1700s
D. none of above 1320. Which of the following is a good exam-
ple of a dictatorship?
1315. The of hand sanitizer has had to in-
crease at the factories because of the Coro-
navirus.
A. Production
B. Consumption
C. Distribution
A. Great Britain
D. Factors of Production
B. Germany
1316. Saudi Arabia is an example of a country C. North Korea
that has successfully employed the interna- D. Canada
tional trade alternative primarily because
of 1321. outsourcing
A. consumer spending
B. their petroleum reserves
C. regional cooperation
D. social customs
1317. Countries export goods and services A. or value of goods or services produced
that they can produce at relative lower by one person by a company in another
costs than any other country is referred country.
to as- B. or value of goods or services produced
A. comparative advantage by one mom by a company in another coun-
try.
B. absolute advantage
C. or value of goods or services produced
C. competitive advantage by one country by a company in another
D. opportunity cost country.
1330. What are indicators of standard of liv- 1334. What are goods?
ing and quality of life? A. Physical objects we use throughout
A. Favorite color, shoe size, hair length the course of a day
B. Number of pets, favorite food, pre- B. Activities provided for us by other peo-
ferred vacation destination ple
C. Social media followers, number of C. The process by which goods and ser-
video games owned, favorite movie genre vices are produced, distributed, and con-
NARAYAN CHANGDER
sumed
D. Population growth rate (natural in-
D. The value of goods and services pro-
crease), population age distribution, and
duced within a country in a year
life expectancy
1335. Which of the following social indicators
1331. An example of a product made by a bulk- does not exhibit a steady trend of MDCs
reducing industry is: vs. LDCs?
A. total fertility rate
B. representation of women in govern-
ment
C. literacy rate
D. infant mortality rate
E. GDP per capita
A. potato chips. Explanation:The country with the highest
B. milk. representation rate of women in govern-
ment is an LDC-Rwanda (60%), while a
C. automobiles. country like Qatar, an MDC, has a percent-
D. homes. age of 0%.
E. textiles. 1336. Which statement would be true about a
country with a large number of people en-
1332. What type of economic activity do teach- gaged in quaternary activities?
ers perform?
A. Most people are engaged in subsis-
A. secondary tence agriculture
B. tertiary B. It has a high level of infant mortality
C. primary C. It has a low level of literacy
D. quaternary D. Many occupations involve information
processing and management
1333. Choose the city that is best described as
1337. This sector of the economy includes ma-
an oasis site.
jor universities and research institutions.
A. Cape Town, South Africa A. Primary
B. Istanbul, Turkey B. Secondary
C. Damascus, Syria C. Quaternary
D. London, England D. Quinary
1338. What type of source is this? A website 1343. One of the greatest problems in utilizing
that summarizes Ancient Roman mythol- solar energy is
ogy
NARAYAN CHANGDER
1350. What is a planned economy?
A. The government controls the means of
production and distribution
B. Prices and availability are determined
by supply and demand A. Absolute Monarchy
C. Prices and availability are determined B. Constitutional Monarchy
by the government
C. Traditional Monarchy
D. The government plays little to no role
in regulating the economy D. Dictatorship
1351. World trade builds connections through 1355. Why do more developed countries put
A. globalization. so much value in postindustrial activities?
1369. People freely produce and buy what 1374. Which river runs through the Amazon
they want. Rainforest?
A. Socialist (Mixed) Economy A. Amazon River
B. Free Enterprise (Capitalist/Free Mar- B. Yangtze River
ket) Economy
C. Mississippi River
C. Communist (Command) Economy
D. Nile River
D. Traditional Economy
NARAYAN CHANGDER
1370. Which of the following is an example of 1375. Harsh climates in Siberia cause a chal-
a footloose industry? lenge to developing natural resources and
hinder
A. diamonds
B. computer chips A. agricultural production
NARAYAN CHANGDER
D. The value of goods and services pro- A. market
duced within a country in a year
B. socialist
1389. In early days of industrialisation, coal-
C. traditional
fields were the most important factor in
determining location because: D. mixed
A. transportation cost were higher taking
the goods to the market 1393. System where businesses freely com-
B. availability of labour near coalfields pete in the marketplace for buyers with
little interference from the government.
C. transportation cost were higher taking
the raw materials to a business A. Capitalism
D. none of the above B. Socialism
1390. Countries in this level of economic devel-
opment have most of their people living in 1394. Japan is a highly industrial nation de-
rural areas. spite limited resources.
A. True
B. False
1397. This is NOT part of the primary sector 1401. Which country specializes in a primary
of the economy economic activity?
1406. If my government is selling me bread for 1410. India was once the world’s largest tex-
$5 a loaf, and I have no choice but to buy tile producer
that type of bread, I live in a economy. A. Correct
B. Sai
NARAYAN CHANGDER
B. situation
C. suburban network
A. Traditional
D. local network
B. Market
C. Command 1412. Which type of economic activity pro-
cesses and distributes information?
D. Mixed
A. Primary
1407. This type of economic activity can be B. Secondary
found near the consumer.
C. Tertiary
A. Primary Sector
D. Quaternary
B. Secondary Sector
1413. What type of economy does the USA
C. Tertiary Sector
have?
D. Quaternary Sector
A. Mixed
1408. An example of a city’s situation would B. Market
be- C. Command
A. Novosibirsk and Vladivostok on the D. Traditional
Trans-Siberian Railroad
B. Capetown, South Africa as a supply 1414. What are some examples of pull factors
station for ships in cultural migration?
A. War, social unrest, and corruption
C. Singapore; Samarkand, Uzbekistan;
Xi’an, China; Timbuktu, Mali grew up B. Racial discrimination and bad educa-
along trade routes tional system
D. All of these C. Equal respect for religion and pres-
ence of family and friends
1409. The main activities in secondary sector
D. Good climate
are
A. Industry and education 1415. Heavy chemical industry is classified as:
B. Industry, handricrafts and construc- A. Base industry
tion B. Equipment industry
C. Construction and agriculture C. Intermediate goods industry
D. Education and handicrafts D. Consumer goods industry
1416. What is the Human Development Index 1420. United States is an example of a(n)
(HDI)?
A. Newly industrialized country
NARAYAN CHANGDER
E. experiences a rapid loss of manufac-
1425. According to Rostow’s stages of devel-
turing activity.
opment, which of the followingis true?
A. All countries will eventually pass 1428. Money is an example of a
through each of the five stages of eco-
nomic development. A. capital resource
1432. This organization has one currency and A. Cities began to shrink as factories
open borders which makes trade and drew the populous into rural areas.
travel extremely easy within the borders
1433. Why is there growth in income among 1436. The source of power in a theocracy is:
locals in the tourism industry? A. Religion
A. Tourists buy souvenirs for their friends B. Economics
back home.
C. The people
B. There is an overall increase in rev-
enue for the country when tourists spend D. The Queen
money and engage in the services pro-
1437. All of the following are common metals
vided by locals.
except
C. Large amounts of goods and ser-
A. copper
vices are imported to meet the needs of
tourists. B. iron
D. Tourists book international airline tick- C. aluminum
ets to fly to their destination. D. silver
1434. What caused people to move into cities
1438. The crime rate in New York city is one
during the early 1900s?
of the highest in the nation.
A. push factor
A. Farm work became more difficult.
B. pull factor
B. There was steady employment in fac-
tories. 1439. is the study of how individuals,
businesses, and nations make things, buy
C. Transportation became more expen-
things, spend money and save money.
sive.
A. Economics
D. American farmers could not compete
with exports. B. Politics
C. Demography
1435. Which of the following resulted in the
Industrial Revolution’s rapid expansion? D. Cartography
1440. A type of government that is ran by rep- 1445. Which of the following is the main effect
resentatives of the people is called a of industrialization?
A. Monarchy A. urbanization
B. Democracy B. people depend on traditional economic
activities
C. Oligarchy
C. building of factories decline
D. Dictatorship
D. cities stop growing
NARAYAN CHANGDER
1441. In Middle Income countries you see a
1446. Involve gathering raw materials such as
shift from rural life to urban life.
timber for immediate use or to use in the
A. True making of a final product
B. False A. secondary activities
B. primary activities
1442. Capital refers to
C. tertiary activities
A. The “gifts of nature” or natural re-
sources not created by human effort. D. quaternary activities
B. people with all their efforts and abili- 1447. Fishing, farming, forestry and mining
ties are considered what level of economic ac-
C. Any wealth or man-made resource tivity?
that is used to produce or provide A. Primary
goods/services.
B. Secondary
D. individuals who start a new business C. Environmental
or bring a product to market.
D. Tertiary
1443. Government provides low-cost or no-
cost public services such as child care, 1448. is what happens when good and ser-
health care, primary and secondary educa- vices are bought and sold.
tion, and college education.
A. Socialist (Mixed) Economy
B. Free Enterprise (Free Mar-
ket/Capitalist) Economy
C. Communist (Command) Economy
D. Traditional Economy
A. 67%
B. 70%
E. Quinary D. capitalism
Explanation:Subsistence farming is the
main labor characteristic of the “tradi- 1463. Which sector of economy would you find
tional society” stage of Rostow’s Model. this job:airline pilot
NARAYAN CHANGDER
C. Surgery D. Quaternary Sector
D. Teaching 1464. Which of the following functions of a
1459. Which is most responsible for deindus- city would be apparent by the presence of
trialization in highly developed countries? institutions such as courts and a city hall?
A. lack of investment money in developed A. education center
countries B. government administration
B. low wages in developing countries C. trade center
C. labor shortages in developing coun- D. religious center
tries
D. the shortage of raw materials in devel- 1465. Which of the following is NOT a charac-
oped countries teristic of a Market Economy?
NARAYAN CHANGDER
A. David Cameron
D. cost, aesthetics B. Boris Johnson
1480. How might higher life expectancy (due C. Theresa May
to trends in medicines, social changes, D. Mike Pence
and other environmental factors) affect
an area’s demographic characteristics in 1485. Which type of economic integration is
terms of human population? this:Member countries remove trade bar-
riers between themselves (e.g. customs)
A. There will be more individuals en-
but are free to independently determine
gaged in farming.
trade policies with nonmember nations?
B. There will be more individuals per
A. Preferential trading area
household.
B. Economic Union
C. There will be fewer households in the
areas. C. Free trade area
D. There will be fewer individuals per D. Common Market
household.
1486. What does this diagram imply about the
1481. What type of economic system allows value of technological innovations?
the government to decide what to produce,
how to produce and for whom to produce?
A. Market
B. Mixed
C. Command
D. Traditional A. Innovations in land use increase the
need for mechanical equipment.
1482. Which of the following is considered a
non renewable resource? B. Innovations in agriculture eliminate
the need for hand tools.
A. Iron
B. Trees C. Innovations in technology increase
economic growth.
C. Soil
D. Innovations in education decrease un-
D. Water employment.
1483. Industrial areas outside North America 1487. What does GDP stand for?
and Europe have become increasingly im-
portant in recent years primarily because A. Great Domestic product
of B. Gross Democratic Product
A. wood
A. Primary Sector B. plastic
C. bricks C. Trade
D. water D. Education
E. wind
1502. Which advantage best completes this di-
1496. Which of the following is NOT a trait of
agram?
a developing country?
A. low per capita income
NARAYAN CHANGDER
B. low literacy rate
C. high birthrate
D. low infant mortality rate
A. Limited foreign regulations
1497. the basic support system needed to
keep an economy going B. Reduced reliance on foreign trade
A. infrastructure C. Increased global influence
B. natural resources D. Similarity of government systems
C. Primary Activities
D. GDP 1503. Milling lumber into plywood is an exam-
ple of what economic activity?
1498. In a traditional economy all of the fol-
lowing apply except A. Primary
A. the government makes all the deci- B. Secondary
sions about the economy
C. Tertiary
B. people make goods for themselves
D. Quaternary
C. there is little exchange of goods
D. there are few markets
1504. One factor that influenced the growth
1499. True or False:India’s Independence Day of many early cities was proximity to nav-
is a day in September igable water sources.
A. Correct A. True
B. Sai B. False
1500. A rural area turning into a city or town
and continuing to develop overtime 1505. Identify all the factors that hinder agri-
culture with South Africa.
A. Suburban Sprawl
B. Globalization A. Only 7% of land is arable
1506. This image represents which economic 1508. Countries that are are said to have
sector? a LOW STANDARD OF LIVING