Economic Development

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Economic Development Quizzes & Trivia

Questions and Answers
  • 1. 

    Why is there a need to attract foreign talent into Singapore?

    • A.

      To compete with locals for jobs

    • B.

      To provide expertise that Singapore lacks such as arts and crafts

    • C.

      So that Singapore will remain multi-ethnical

    • D.

      Because there is a lack of foreigners in Singapore

    Correct Answer
    B. To provide expertise that Singapore lacks such as arts and crafts
  • 2. 

    Name 3 strategies Singapore is using to sustain her economic development.

  • 3. 

    The ______________ was established to ensure that the workforce remains competitive by upgrading workers’ skills.

    Correct Answer
    Workforce Development Agency
  • 4. 

    How does Singapore promote local entrepreneurship?

    • A.

      Give talks on benefits of starting your own business

    • B.

      Provide loans to entrepreneurs

    • C.

      Give recognition to outstanding entrepreneurs and inspire other entrepreneurs to achieve greater success

    • D.

      Do not declare bankruptcy on those who have failed in their business

    Correct Answer
    C. Give recognition to outstanding entrepreneurs and inspire other entrepreneurs to achieve greater success

Quiz Review Timeline +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 15, 2022
    Quiz Edited by
    ProProfs Editorial Team
  • Aug 12, 2010
    Quiz Created by
    Ihcfordummies
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