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create new industries, and improve living standards B) It promotes economic stagnation C) It leads to overreliance on outdated technologies D) It restricts access to knowledge and information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