Economic Development

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  • 1/4 Questions

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

    • To compete with locals for jobs
    • To provide expertise that Singapore lacks such as arts and crafts
    • So that Singapore will remain multi-ethnical
    • Because there is a lack of foreigners in Singapore
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  • 2. 

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

  • 3. 

    How does Singapore promote local entrepreneurship?

    • Give talks on benefits of starting your own business

    • Provide loans to entrepreneurs

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

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

    Correct Answer
    A. Give recognition to outstanding entrepreneurs and inspire other entrepreneurs to achieve greater success
  • 4. 

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

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