Economic Systems and Comparative Economic Development
Description: This quiz will test your knowledge on Economic Systems and Comparative Economic Development. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: economic systems comparative economic development economics |
Which economic system is characterized by private ownership of the means of production and distribution of goods and services?
What is the main goal of a socialist economic system?
Which economic system is characterized by government ownership and control of the means of production and distribution of goods and services?
What is the role of the government in a mixed economic system?
What are the main factors that contribute to economic growth?
Which country is considered to be the most economically developed in the world?
What is the term used to describe the process by which less developed countries catch up to more developed countries in terms of economic growth?
Which theory suggests that economic growth is driven by technological innovation?
What is the term used to describe the process by which countries become more integrated with the global economy?
Which international organization is responsible for promoting global economic cooperation and development?
What is the term used to describe the transfer of jobs from developed countries to developing countries?
Which country is considered to be the largest emerging economy in the world?
What is the term used to describe the process by which countries transition from a centrally planned economy to a market economy?
Which country is considered to be the most economically developed in Asia?
What is the term used to describe the process by which countries become more specialized in the production of certain goods and services?