Deck 2: Global Patterns and Trends

Question 1

Economic development is primarily

A) the same as economic growth
B) about standards of living
C) about social well-being beyond simple economic growth
D) about exploitation of natural resources

Answer 1

C

Question 2

Most of the world today in terms of population belongs to which zone of economic development?

A) core
B) periphery
C) external arena
D) semi-periphery

Answer 2

D

Question 3

What is "purchasing power parity"(PPP)?

A) how much it costs to buy one thing rather than another
B) how much a common "market basket" of goods costs to purchase locally
C) the difference between the price of something in one currency versus another
D) the price of something at one point in time compared to another

Answer 3

B

Question 4

Five combinations of birth and death rates determine the degree to which a country can have pressures from large numbers of elderly and young dependent for support on the working-age population. Which type has the largest number of youth relative to total population?

A) type 1 (both rates are >19)
B) type 5 (birth rate is >15 and death rate is <17)
C) type 4 (birth rate 15-19, death rate <17)
D) type 3 (birth rate >19, death rate <17)

Question 5

Servicing foreign debt is a serious challenge for some poorer countries more than others. In the 1980s and 1990s some countries borrowed heavily to finance economic growth but at a heavy price. Which world region or country has had the most serious debt service problem?

A) the United States
B) Latin America
C) China
D) Southeast Asia