What is the most typically used measure of a country's level of development? Show
b. Mobility c. Income d. Gender equity Social outcomes commonly used to measure a country's level of human development include:
b. Infant mortality and adult literacy rate c. Average number of Facebook friends per user and other social media indicators d. Average years to graduation and admissions rates to universities What does the Gini coefficient measure?
b. Rule of law c. Poverty d. Inequality Which of the following would typically be considered “human capital”?
b. Health and education c. Prime ministers and presidents d. Religious world views and trust Approaches to development that emphasize the environment often want to focus attention on which of the following?
b. Accountability c. Transparency d. Autonomy A central debate about the causes of development in the twentieth century was between which of the following perspectives?
b. Equity and reciprocity perspectives c. GDP and GNI d. North versus South One example of an institution that has been hypothesized to cause development is:
b. The family c. Property rights d. Parliamentary systems What do proponents of neoliberalism think about development?
b. Development is a matter of culture c. Development is best accomplished using the free market. d. Development is the state's responsibility The author most known for arguing that economic development and social change arise from the interactions of social classes was:
b. Hendrik Spruyt c. Milton Friedman d. Karl Marx How would social scientists characterize China's approach to securing economic growth over the last several decades?
b. Agro-export production c. Debt-dependent growth d. Import-substituting industrialization On which of the following economic measures does the United States lead the world?
b. Lowest level of inequality c. Highest overall GDP d. Highest GDP per capita Which of the following world regions includes many cases often cited by proponents of state-led development?
b. East Asia c. North America d. Latin America Which of the following regions includes many cases that development scholars consider to have been problematic over the last several decades?
b. Africa c. East Asia d. Latin America Which of the following terms overlaps closely with the concepts of social connections and trust?
b. Human capital c. Physical capital d. Economic capital Jared Diamond's argument about the causes of development focuses on structural factors beyond a country's control, most notably:
b. Extractive institutions c. Culture d. Political leadership What is most commonly used to measure a country's economic health?The most well-known and frequently tracked is the gross domestic product (GDP).
What measures a country's economic health?An economy provides people with goods and services, and economists measure its performance by studying the gross domestic product (GDP)—the market value of all goods and services produced by the economy in a given year. If GDP goes up, the economy is growing; if it goes down, the economy is contracting.
What is the most common measure of economic activity?Gross Domestic Product (GDP) is the most commonly used measure of a country's economic activity.
Which of the following is the most commonly used measure of a country's economic health quizlet?The most commonly used measure of economic health is a country's gross domestic product (GDP): the total dollar value of goods and services it produces within its borders in a year.
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Which of the following is the most commonly used measure of a countrys economic health?
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