6.6 Economic Development

Question 1

Why are environmental problems common in developing countries?

Revolt · Accepted Answer

Developing countries often specialize in manufacturing and providing raw materials, which can seriously harm the environment.

Question 2

The Czech Republic’s decision in 2003 to join the European Union indicated that the Czech Republic

Revolt · Accepted Answer

was willing to forge economic ties with other nations.

Question 3

In a transitional economy, a(n) ________ economy is changing to a mixed-market economy.

Revolt · Accepted Answer

command

Question 4

What characterizes developing economies? Check all that apply.a growing industrial economya low level of reliance on natural resourcesa drop in the standard of livinga focus on agricultural activitya shrinking middle class

Question 5

What does the International Monetary Fund (IMF) seek to accomplish for developing countries?

Revolt · Accepted Answer

The IMF provides economic advice and loans to developing countries.

Question 6

A country with a ________ economy generally has a high standard of living.

Revolt · Accepted Answer

developed

Question 7

Aging populations can be a problem for developed countries because

Revolt · Accepted Answer

there are fewer younger workers coming into the workforce.

Question 8

In a transitioning economy, what is a downside of rapid economic growth?

Revolt · Accepted Answer

Rapid economic growth can be difficult to regulate.

Question 9

Why might developed economies want to outsource manufacturing and other jobs to developing economies?

Revolt · Accepted Answer

Developed economies can find more inexpensive labor in developing economies.

Question 10

One factor that indicates a developed economy's standard of living is its

Revolt · Accepted Answer

high levels of education.

6.6 Economic Development Answers

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