Lesson 4.2.6.5

4.2.6.5 Economic growth and development Quiz: AQA Economics, Unit 2

20 questions

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Lesson 4.2.6.5, Economic growth and development: 20 multiple choice questions for the AQA Economics (7136), Unit 2: The national and international economy, written with Revision Ninja.

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The 20 questions

  1. How does economic development differ primarily from economic growth?

    • Aggregate demand
    • Total real GDP
    • Broad living standards
    • Short-run output
  2. Which component is included in the Human Development Index alongside life expectancy and education?

    • Gini coefficient
    • GNI per capita
    • Unemployment rate
    • CPI inflation rate
  3. Which sector employs the highest proportion of workers in less-developed economies?

    • Secondary sector
    • Tertiary sector
    • Quaternary sector
    • Primary sector
  4. Which of the following acts as a major barrier to economic growth and development?

    • Property rights
    • Corruption
    • High savings rate
    • Strong infrastructure
  5. Investment in education and training primarily increases which factor of production?

    • Physical capital
    • Human capital
    • Natural capital
    • Financial capital
  6. What is a potential negative consequence of poorly managed foreign aid?

    • High savings rates
    • Deflation
    • Currency appreciation
    • Economic dependency
  7. Which policy is an example of a market-based strategy to promote economic development?

    • Nationalising key industries
    • Five-year planning
    • Trade liberalisation
    • Import substitution
  8. If life expectancy rises but GNI per capita stays constant, what happens to development?

    • It becomes negative
    • It improves
    • It declines
    • It remains unchanged
  9. GDP grows by 4 per cent and population grows by 3 per cent in one year. What is the approximate growth in GDP per head?

    • About 1 per cent
    • About 7 per cent
    • About 4 per cent
    • About 3 per cent
  10. Inadequate transport networks like roads and ports represent which barrier to growth?

    • Capital flight
    • Inadequate human capital
    • Trade protectionism
    • Poor infrastructure
  11. Which policy is an example of an interventionist strategy for economic growth?

    • Deregulation
    • Tax cuts
    • Privatisation
    • State industrial subsidies
  12. Why does a lack of secure property rights discourage private investment?

    • Low interest rates
    • High expropriation risk
    • Excess consumer demand
    • High wage costs
  13. A shortage of skilled workers in an economy represents a lack of which factor?

    • Working capital
    • Physical capital
    • Social capital
    • Human capital
  14. What is a primary benefit of international trade for developing economies?

    • Protectionism
    • Domestic monopolies
    • Higher import tariffs
    • Access to markets
  15. Which component of the Human Development Index can increase HDI when GDP growth is zero?

    • Inflation rate
    • National debt
    • Exchange rate
    • Life expectancy
  16. What is a primary advantage of using market-based strategies over interventionist ones?

    • Guaranteed public goods
    • Reduced income inequality
    • Perfect wealth distribution
    • Increased economic efficiency
  17. What key factor determines whether development aid effectively promotes long-term growth?

    • High interest rates
    • Good governance
    • High import tariffs
    • Closed capital markets
  18. Which factor acts as a barrier to growth and development in developing economies?

    • High literacy
    • Poor infrastructure
    • Strong currency
    • Surplus budgets
  19. What common trend limits development gains for countries exporting primary commodities?

    • Fixed export prices
    • Deteriorating terms of trade
    • Surplus trade balances
    • Rising exchange rates
  20. Which indicator is included in the calculation of the standard Human Development Index?

    • Life expectancy
    • Income inequality
    • Political freedom
    • Carbon emissions

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