Economic Development Answers

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3

One sign of transition is the establishment of.

A
fair labor
B
government restrictions
4

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
7

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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