A) Investment in education and healthcare B) Rapid population growth C) Dependency on foreign aid D) Increased military spending
A) A strategy for technological advancement B) Increased foreign aid C) The emigration of highly skilled individuals from developing countries D) Government investment in education programs
A) World Bank B) International Monetary Fund (IMF) C) United Nations D) European Union (EU)
A) Boosts consumer spending B) Reduces the purchasing power of the currency C) Increases the value of exports D) Encourages foreign investment
A) It encourages entrepreneurship and innovation B) It reduces the need for social welfare programs C) It can create social unrest and limit opportunities for the poor D) It promotes economic growth
A) Bringing in capital, technology, and expertise to a country B) Increasing inflation rates C) Promoting self-sufficiency D) Encouraging reliance on government subsidies
A) It boosts domestic spending and investment B) It stimulates economic growth C) It increases government revenue for social programs D) It can lead to currency appreciation and reduced export competitiveness
A) By creating dependency on foreign aid B) By discouraging local entrepreneurship C) By increasing unemployment rates D) By providing a stable source of income and improving living standards
A) Life expectancy B) Number of patents filed C) Military spending D) Stock market performance
A) It leads to overreliance on outdated technologies B) It can increase productivity, create new industries, and improve living standards C) It promotes economic stagnation D) It restricts access to knowledge and information
A) Stable currency exchange rates B) Low inflation C) Trade surplus D) Corruption
A) It encourages corruption and inefficiency B) It hinders political stability C) It limits foreign investment opportunities D) It promotes transparency, accountability, and effective public services
A) Economic growth that benefits only the wealthy B) Economic growth that benefits all segments of society, including the poor C) Economic growth through foreign aid dependency D) Economic growth with high inflation rates
A) Tourism B) Agriculture C) Finance D) Technology
A) European Central Bank (ECB) B) International Monetary Fund (IMF) C) Organisation for Economic Co-operation and Development (OECD) D) World Trade Organization (WTO)
A) Income inequality B) GDP per capita C) Unemployment rate D) Total population
A) Excessive debt can constrain economic growth and lead to financial instability B) Debt reduces government spending C) Debt encourages investment in infrastructure D) Debt promotes export competitiveness
A) Import substitution B) Tariff reduction C) Export-oriented D) Free trade agreements
A) It decreases government accountability B) It leads to social unrest and economic collapse C) It creates an environment conducive to long-term investments and growth D) It encourages inflation and currency devaluation |