Explore key concepts of economic development with this Geography quiz. Questions delve into international trade, self-sufficiency approaches, and challenges in development financing, enhancing understanding of global economic structures.
Begins when an elite group initiates innovative activities.
Attempts to result in uneven resource development. and market correction indices.
Suffers from market stagnation.
Attempts to spread investment through all sectors of the economy.
Attempts to identify appropriate developmental stages.
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Trade negotiations with more developed countries.
Identifying unique economic assets.
Inability to repay loans.
Promoting dependency.
Currency inflation.
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Increased demand for many goods.
Increased price of petroleum.
Regional cooperation.
Unequal distribution of resources.
Consumer demand expanding faster than manufacturing can increase.
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Abundant agricultural products
High quality manufactured goods
Imports that it should limit
International consumer preferences
Abundant mineral resources
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Low taxes on imports.
Making domestic goods more expensive.
Eliminating quotas on imports.
Requiring licenses for importers.
Strong domestic and international demand.
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