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Regional Economic Development and Disparities

Description: This quiz covers the topic of Regional Economic Development and Disparities, including theories, policies, and challenges related to regional economic growth and inequality.
Number of Questions: 15
Created by:
Tags: regional economics economic geography development economics spatial inequality
Attempted 0/15 Correct 0 Score 0

Which theory suggests that regional economic growth is driven by the concentration of economic activity in a few core regions?

  1. Core-Periphery Theory

  2. Export-Base Theory

  3. Growth Pole Theory

  4. Balanced Growth Theory


Correct Option: A
Explanation:

Core-Periphery Theory posits that economic development is concentrated in a few core regions, while peripheral regions experience economic decline due to their dependence on the core.

What is the main focus of Export-Base Theory in explaining regional economic growth?

  1. Export-oriented industries

  2. Local demand and consumption

  3. Government spending and investment

  4. Natural resource endowments


Correct Option: A
Explanation:

Export-Base Theory emphasizes the role of export-oriented industries in driving regional economic growth through the generation of foreign exchange and employment.

Which policy approach aims to promote economic development in lagging regions by attracting new industries and businesses?

  1. Regional Development Policy

  2. Industrial Policy

  3. Infrastructure Development Policy

  4. Human Capital Development Policy


Correct Option: A
Explanation:

Regional Development Policy specifically targets lagging regions to attract new industries, create jobs, and improve infrastructure, thereby stimulating economic growth.

What is the concept of 'cumulative causation' associated with regional economic disparities?

  1. The tendency for economic growth to concentrate in already-developed regions

  2. The spread of economic development from core regions to peripheral regions

  3. The convergence of regional economies towards a similar level of development

  4. The cyclical nature of regional economic growth and decline


Correct Option: A
Explanation:

Cumulative causation refers to the self-reinforcing process where economic growth in developed regions attracts more investment, leading to further growth, while peripheral regions experience economic decline.

Which measure is commonly used to quantify regional economic disparities?

  1. Gross Domestic Product (GDP) per capita

  2. Unemployment rate

  3. Poverty rate

  4. Human Development Index (HDI)


Correct Option: A
Explanation:

GDP per capita is a widely used measure of regional economic disparities, as it reflects the average income level and economic output per person in a region.

What is the main objective of 'spatial planning' in addressing regional economic disparities?

  1. Encouraging economic development in lagging regions

  2. Promoting balanced distribution of economic activity across regions

  3. Preserving natural resources and environmental quality

  4. Improving transportation and infrastructure connectivity


Correct Option: B
Explanation:

Spatial planning aims to guide economic development and land use patterns to achieve a more balanced distribution of economic activity across regions, reducing disparities.

Which factor is often cited as a contributing factor to regional economic disparities?

  1. Geographical isolation

  2. Lack of natural resources

  3. Inadequate infrastructure

  4. High levels of education and skills


Correct Option: A
Explanation:

Geographical isolation, such as being remote from major markets or transportation routes, can hinder economic development and contribute to regional disparities.

What is the term used to describe the process of regional economies becoming more similar in terms of economic structure and development level?

  1. Regional convergence

  2. Regional divergence

  3. Spatial autocorrelation

  4. Economic agglomeration


Correct Option: A
Explanation:

Regional convergence refers to the process where regional economies become more similar in terms of economic structure, income levels, and development indicators over time.

Which theory emphasizes the role of innovation and knowledge spillovers in driving regional economic growth?

  1. New Economic Geography Theory

  2. Endogenous Growth Theory

  3. Neoclassical Growth Theory

  4. Keynesian Economics


Correct Option: A
Explanation:

New Economic Geography Theory focuses on the role of innovation, knowledge spillovers, and agglomeration economies in driving regional economic growth and disparities.

What is the term used to describe the concentration of economic activity in a particular location, leading to increased productivity and innovation?

  1. Economic agglomeration

  2. Spatial clustering

  3. Localization economies

  4. Urbanization economies


Correct Option: A
Explanation:

Economic agglomeration refers to the concentration of economic activity in a particular location, leading to increased productivity, innovation, and knowledge spillovers.

Which policy approach aims to promote economic development in rural areas and reduce disparities between rural and urban regions?

  1. Rural Development Policy

  2. Agricultural Policy

  3. Infrastructure Development Policy

  4. Education and Training Policy


Correct Option: A
Explanation:

Rural Development Policy specifically targets rural areas to promote economic development, improve infrastructure, and enhance access to education and services, thereby reducing disparities with urban regions.

What is the term used to describe the process of economic decline and job loss in a particular region or industry?

  1. Deindustrialization

  2. Structural change

  3. Economic restructuring

  4. Regional decline


Correct Option: A
Explanation:

Deindustrialization refers to the process of economic decline and job loss in a particular region or industry, often due to technological changes or shifts in global production patterns.

Which factor is often associated with higher levels of regional economic disparities?

  1. High levels of social capital

  2. Strong institutions and governance

  3. Equal access to education and healthcare

  4. High levels of income inequality


Correct Option: D
Explanation:

High levels of income inequality within a region can contribute to regional economic disparities, as the benefits of economic growth may be concentrated among a small group of individuals or areas.

What is the term used to describe the process of economic development and growth spreading from core regions to peripheral regions?

  1. Spatial diffusion

  2. Economic spillover

  3. Regional convergence

  4. Balanced growth


Correct Option: A
Explanation:

Spatial diffusion refers to the process of economic development and growth spreading from core regions to peripheral regions through trade, investment, and knowledge spillovers.

Which policy approach aims to promote economic development through the creation of special economic zones with favorable investment conditions?

  1. Special Economic Zone Policy

  2. Export Processing Zone Policy

  3. Industrial Park Policy

  4. Free Trade Zone Policy


Correct Option: A
Explanation:

Special Economic Zone Policy aims to attract foreign investment and promote economic development by creating designated areas with favorable investment conditions, such as tax incentives and simplified regulations.

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