U.S. Economic Development Quiz
Can you answer all the following questions on United States? Test your knowledge on this economic development quiz to see how you do and compare your score to others.
- 1.
From one angle of vision, data from other Western industrial societies suggest that the United States is ______________________.
- A.
Very unequal
- B.
Very equal
- C.
About the same
Correct Answer
A. Very unequal -
- 2.
Economic development is difficult in peripheral societies because investment decisions are often made in terms of the interests of ___________________ and their governments.
- A.
The rich
- B.
Corporations in developing nations
- C.
Corporations based in core nations
- D.
Whites
Correct Answer
C. Corporations based in core nations -
- 3.
Even though the distribution of valued resources in the U.S. has become more unequal in recent years, it seems less harsh when compared to that in ____________.
- A.
Developing nations
- B.
Western Europe
- C.
Past decades
Correct Answer
A. Developing nations -
- 4.
The different economic and social conditions—both within each nation and between them create a number of problems for researchers including
- A.
The geographical location
- B.
That it is hard to travel to other nations
- C.
The fact that data is gathered in different years
Correct Answer
C. The fact that data is gathered in different years -
- 5.
Although data on global poverty rates are tricky to obtain and interpret, one standard measure is the percentage of a nation’s population living on less than _____________.
- A.
$2.00 per day
- B.
$4.00 per day
- C.
$50 a month
Correct Answer
A. $2.00 per day -
- 6.
Even though the rate of poverty is high in many developing societies, people’s life chances are still unlimited.
- A.
True
- B.
False
Correct Answer
B. False -
- 7.
Even though assessing the degree of income inequality in different societies is difficult, reasonable conclusions can be drawn.
- A.
True
- B.
False
Correct Answer
A. True -
- 8.
The poverty rate in the United States is significantly higher than in other Western nations.
- A.
True
- B.
False
Correct Answer
A. True -
- 9.
One argument is that Western industrial nations (the so-called “core societies”) have an interest in exploiting undeveloped nations (the so-called “peripheral societies).
- A.
True
- B.
False
Correct Answer
A. True -
- 10.
It is probably true that Western industrial nations have exploited developing nations and it is also probably true that many of these nations have adopted policies that mainly benefit their own elites.
- A.
True
- B.
False
Correct Answer
A. True -
- 11.
As has been true throughout history, much of the world’s population is desperately poor.
- A.
True
- B.
False
Correct Answer
A. True -
- 12.
In comparison to the United States, some developing nations display more poverty but similar or even less income inequality.
- A.
True
- B.
False
Correct Answer
A. True -
- 13.
Despite recent increases, the U.S. still displays less inequality than do other Western nations.
- A.
True
- B.
False
Correct Answer
A. True -
- 14.
All Western nations display high rates of occupational mobility.
- A.
True
- B.
False
Correct Answer
A. True -
- 15.
High level of poverty and restricted ________________ imply that many developing nations exhibit a very unequal income distribution.
- A.
Life chances
- B.
Job opportunities
- C.
Social capital
Correct Answer
A. Life chances -
- 16.
Which of the following statements is correct?
- A.
The high rate of poverty in developing nations means restricted life chances for their citizens
- B.
The high rate of poverty allows for better life chances
- C.
Higher rates of poverty allow for more job mobility
Correct Answer
A. The high rate of poverty in developing nations means restricted life chances for their citizens -
- 17.
The overall level of inequality in Japan and Korea resembles that displayed in Western nations, and is lower than in ______________.
- A.
China
- B.
The United States
- C.
Latin America
- D.
Canada
Correct Answer
B. The United States -
- 18.
Most developing nations display both more poverty and more income inequality than
- A.
Korea
- B.
China
- C.
The United States
Correct Answer
C. The United States -
- 19.
In comparison to the United States, some developing nations display more poverty but similar or even less income inequality.
- A.
True
- B.
False
Correct Answer
A. True -
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 20, 2022Quiz Edited by
ProProfs Editorial Team -
Apr 30, 2012Quiz Created by
Simon.milberg
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