United Arab Emirates Economy Trivia Quiz!

1. Emphasis on the most significant Emirati traditions and values is one of the characteristics of the development process in UAE.

True

False

The given statement suggests that the development process in the UAE places a strong emphasis on the most significant Emirati traditions and values. This implies that the country's progress and growth are rooted in preserving and promoting its cultural heritage. By prioritizing these traditions and values, the UAE is able to maintain its unique identity while still progressing economically and socially.

Explanation

The given statement suggests that the development process in the UAE places a strong emphasis on the most significant Emirati traditions and values. This implies that the country's progress and growth are rooted in preserving and promoting its cultural heritage. By prioritizing these traditions and values, the UAE is able to maintain its unique identity while still progressing economically and socially.

2. Only the Emirati people enjoyed better living condition during its developmental period and afterwards.

True

False

During its developmental period and afterwards, not only Emirati people enjoyed better living conditions. This suggests that there were other groups or individuals who also experienced improvements in their quality of life. Therefore, the statement that only Emirati people enjoyed better living conditions is false.

Explanation

During its developmental period and afterwards, not only Emirati people enjoyed better living conditions. This suggests that there were other groups or individuals who also experienced improvements in their quality of life. Therefore, the statement that only Emirati people enjoyed better living conditions is false.

3. What is the main reason that led to the rapid growth of UAE economy?

Formation of federal state

Tourism

Foreign investments

Immigration

The formation of a federal state is the main reason that led to the rapid growth of the UAE economy. This political structure allowed for the consolidation of resources, decision-making, and coordination among the seven emirates, leading to greater stability and economic development. It facilitated the implementation of unified policies, regulations, and infrastructure projects, attracting foreign investments and promoting tourism. Additionally, the federal state encouraged immigration, which brought in skilled labor and further contributed to the growth of various sectors in the country.

Explanation

The formation of a federal state is the main reason that led to the rapid growth of the UAE economy. This political structure allowed for the consolidation of resources, decision-making, and coordination among the seven emirates, leading to greater stability and economic development. It facilitated the implementation of unified policies, regulations, and infrastructure projects, attracting foreign investments and promoting tourism. Additionally, the federal state encouraged immigration, which brought in skilled labor and further contributed to the growth of various sectors in the country.