Economic Backwardness in Historical Perspective

Economic Backwardness in Historical Perspective - Test

1. Which country is often cited as a case of late industrialization?

A) Russia.
B) Japan.
C) Germany.
D) United States.

2. In historical terms, which region is often associated with prolonged economic backwardness?

A) North America.
B) East Asia.
C) Western Europe.
D) Sub-Saharan Africa.

3. Which historical event marked a significant shift towards industrialization for many European countries?

A) The Industrial Revolution.
B) The Cold War.
C) World War I.
D) The French Revolution.

4. Which economic policy is likely to encourage development in backward economies?

A) Maintaining high tariffs on imports.
B) Reducing state involvement in the economy.
C) Investment in education and infrastructure.
D) Encouraging emigration of skilled workers.

5. Which approach argues that backwardness is primarily due to cultural factors?

A) Cultural determinism.
B) Structuralism.
C) Historical materialism.
D) Economic liberalism.

6. Which country is often cited as an example of successful late industrialization?

A) Italy.
B) United Kingdom.
C) South Korea.
D) India.

7. What is an essential feature of 'catch-up' growth?

A) Rejection of foreign ideas.
B) Adoption of existing technologies.
C) Only focusing on agriculture.
D) Total isolation from global markets.

8. Which theory focuses on the role of institutions in economic development?

A) Neoclassical Economics.
B) Marxian Economics.
C) Classical Economics.
D) New Institutional Economics.

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