quiz 3 Flashcards
(47 cards)
According to Malthus, there is a series of steps that is undergone by a country in achleving growth form underdevelopment stage to development stage. This is called “takeoff into self-sustaining growth.”
true or false?
false
The theory of self discovery of a country depicts the concept of no one size fits all all
true or false?
true
Human development index is a socioeconomic development based on income per capita, education and health
true or false?
true
The magnitude of absolute poverty results from a combination of high per capita
true or false?
bonus
Absolute poverty is the inability to meet the minimum levels of income, food, clothing, health care, sheiter and other
true or false?
false
When familles struggle to send multiple children to class, female children are often prioritized. Many boys in developing countries are oppressed by traditional gender roles that marginalize a male’s role in the
true or false?
false
Self-sustaining growth means that economic growth continues over the long run based on saving, investment, and complementary private and public activities
true or false?
true
Poor countries are countries with poor people. Poverty is negatively related with per capita income. This means that if people gets higher income, poverty increases. This happens when the countries resources are used to tackle the problems of poverty. High absolute poverty incidences can halt the progress of a country.
true or false?
false
Girls’ education in developing countries reduces gender gap found in the workplaces of many progressing countries.
true or false?
true
Educationai equality reduces rates of child malnutrition and decreases the wage gap between men and women in many developed countries.
true or false?
true
Governments and consumers will increasingly hold organizations accountable for CO2 emissions and other non-sustainable behaviors. This is under cilmate change.
true or false?
bonus
Artificial intelligence, robotics, energy storage, DNA sequencing, blockchain technology, and material sitances are bound to happen over the next 5 to 10 years. These are the new trends under fracturing world.
true or false?
bonus
Gini coefficient is a graph depicting the variance of the size distribution of income from perfect equality
true or false?
false
Productive investments in people, such as skills, values, and health resulting from expenditures on education, OJT training programs, and medical care are bad invastments for the government.
true or false?
false
Scale Independence principle means that our measure of inequality should not depend on the size of the economy or the way we measure its income. Subsistence economy in which production is mainly for personal consumption and yields little more than basic necessitles of life.
true or false?
true
The age composition of a given population. For example, in LDCs, the population is typified by a large portion of population under 15 years old, a slightly smaller proportion aged between 15 and 45 years, and a very small proportion above 45 years old
age structure
Cost advautages to producers and consumers from: location in cities and towns, which take the forms of urbanization economies and localization economies
agglomeration economies
the attainment of literacy, arithmetic competence, and elementary vocational
basic education
A 10% portion of any numerical quantity; a population divided into 10 equal numeric
deciles
The proportion of the total population aged 0 to 15 and 65+, which is considered economically unproductive and therefore not counted in the labor force. In many LDCs, the population under the age of 15 accounts for almost half of the total population, thus posing a burden to the generally small productive lahor force and to the government, which has to allocate resources on such things as education, public healti, and housing for the consumption of people who don’t contribute to production
dependency ratio
Male-female differences in school access and completion.
educational gender gap
A dynamic latent process of population increase that continues even after a fall in birthrates because of a large youthful population that widens the population’s parent base. Fewer children per couple in the succeeding few generations will not mean a smaller or stable population size because at the same time there will be a much larger number of childbearing couples. Hence a given population will not stabilize until after two or three generations
hidden momentum of population growth
A deliberate effort to replace major consumer imports by promoting the emergence and expansion of domestic industries such as textiles, shoes, and household appliances. requires the imposition of protective tariffs and quotas to get the new industry started.
import substitution
A graph depicting the variance of the size distribution of income from perfect equality.
lorenz curve
