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

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 3

"Development"

Revolt · Accepted Answer

33363

Question 4

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 5

One social issue often facing developing countries is

Revolt · Accepted Answer

very high population growth.

Question 6

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

Revolt · Accepted Answer

high levels of education.

Question 7

How might foreign investment be problematic for a transitioning economy?

Revolt · Accepted Answer

It may be difficult to adjust to another nation’s influence.

Question 8

As of 2013, which of these countries had the highest GDP per capita?

Revolt · Accepted Answer

Switzerland

Question 9

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

Revolt · Accepted Answer

command

Question 10

Aging populations can be a problem for developed countries because

Revolt · Accepted Answer

there are fewer younger workers coming into the workforce.

Economic Development Answers

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