The Human Development Index (HDI) includes which of the following criteria?

Life expectancy, education, and real GDP per capita

What is a major disadvantage of export-led growth for developing countries?

It exposes countries to foreign market fluctuations and protectionism

What is a key feature of "micro-credit" or "micro-finance"?

Small loans given to individuals to start micro-enterprises

What is one of the key criticisms of the Washington Consensus?

It leaves developing countries vulnerable to multinational corporations

Which of the following is an example of "tied aid"?

Financial assistance that makes countries buy goods from the donor country

The "poverty cycle" refers to which of the following?

A chain of events that keeps people trapped in poverty due to low incomes

Which of the following is NOT a development indicator?

Number of tourists visiting annually

What is the primary difference between "growth" and "development"?

Growth=increase in GDP; development=improvements in quality of life

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Development Study Guide

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Questions 10

Answers

1
The Human Development Index (HDI) includes which of the following criteria?
Number of women in parliament and corporate leadership
Life expectancy, education, and real GDP per capita
Total national wealth
Amount of foreign aid received
2
What is a major disadvantage of export-led growth for developing countries?
It exposes countries to foreign market fluctuations and protectionism
It creates too many local jobs
It leads to a decrease in national output
It decreases government tax revenues
3
What is a key feature of "micro-credit" or "micro-finance"?
Small loans given to individuals to start micro-enterprises
Financial aid given to governments for infrastructure projects
Grants provided to develop national education systems
Large loans provided to large corporations
4
Which type of aid is typically used to provide immediate relief after a natural disaster?
Humanitarian aid
Tied aid
Official development assistance (ODA)
Bilateral aid
5
What is one of the key criticisms of the Washington Consensus?
It leads to less privatization in developing countries
It leaves developing countries vulnerable to multinational corporations
It focuses on increasing government spending
It encourages the expansion of social safety nets
6
Which of the following is an example of "tied aid"?
Money given to a country for general development
Financial assistance that makes countries buy goods from the donor country
Loans that can be spent on any development project
Aid provided for relief after a natural disaster
7
Development indices are calculated on a scale from 0 to 100, where higher values
True
False
8
The "poverty cycle" refers to which of the following?
The positive relationship between economic growth and poverty reduction
A government's failure to reduce income inequality
The circular nature of inflation and unemployment
A chain of events that keeps people trapped in poverty due to low incomes
9
Which of the following is NOT a development indicator?
Primary school enrollment
Literacy rate
Life expectancy
Number of tourists visiting annually
10
What is the primary difference between "growth" and "development"?
Growth focuses on poverty; development focuses on inequality
Growth=quality of life; development=to economic activity
Growth=increase in GDP; development=improvements in quality of life
Growth and development are synonymous

Development Study Guide Flashcards | StudBud