Economic Development Answers

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6

According to the excerpt, what is the organization’s primary purpose?

A
to serve as a banking institution for countries that do not have banking systems
B
to provide loans directly to people living in poverty
C
to reduce global poverty and improve the standard of living in developing countries
D
to provide technical assistance to developed countries
9

Which factor is likely to be of concern in a developed economy in the twenty-first century?

A
low GDP
B
higher unemployment among less-skilled workers
C
populations that are growing too quickly
D
a labor shortage in manufacturing industries
11

According to the excerpt, what is the organization’s primary purpose?

A
to serve as a banking institution for countries that do not have banking systems
B
to provide loans directly to people living in poverty
C
to reduce global poverty and improve the standard of living in developing countries
D
to provide technical assistance to developed countries
13

at least $5,000✔ less than $10,000X more than $10,000

Answers:
According to the chart, most of the countries in the world have a GDP of per person.About countries have a GDP greater than $50,000 per person.:less than $10,000
According to the chart, most of the countries in the world have a GDP of per person.About countries have a GDP greater than $50,000 per person.:10
15

X developed✔ developing

Answers:
For each statement, determine if it is an indicator of a developed or developing nation. The country's population is growing quickly and is expected to double in twenty years. The country has a high p:developing
For each statement, determine if it is an indicator of a developed or developing nation. The country's population is growing quickly and is expected to double in twenty years. The country has a high p:developed
For each statement, determine if it is an indicator of a developed or developing nation. The country's population is growing quickly and is expected to double in twenty years. The country has a high p:developing
16

Which factor is likely to be of concern in a developed economy in the twenty-first century?

A
low GDP
B
higher unemployment among less-skilled workers
C
populations that are growing too quickly
D
a labor shortage in manufacturing industries

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