Exam 19: Economic Development.

One of the reasons why poor nations have not been able to close the development gap is _____

Which of the following is true about the GNI of the United States?

Historically, more than _____ of the funds distributed by USAID have gone to governments, whose leaders assume responsibility for distributing these funds.

Gloria, who lives in a developing country, is likely to _____

A problem for developing countries is that the prices of primary products fluctuate more widely than the prices of finished goods because _____

Most developing countries are also known as _____

If Eddie Li is a skilled worker employed in a low-skill job, he is _____

Erbia is a developing country. Erbia's neighbor Glassen is also a developing country, which is growing at a fast rate by adopting existing technology. Unlike Glassen, Erbia is not growing as fast as it should. Which of the following could be one of the reasons for the slower growth in Erbia?

Which of the following is a consequence of low income?

Convergence may be a long process because the roots of development go back centuries.

Industrial market countries are also referred to as _____

In the United States, farmers account for only _____ of the labor force but can work hundreds of acres.

Labor productivity depends on _____

Foreign aid includes loans that _____

In developing nations, about _____ of the combined urban and rural workforce is either unemployed or underemployed.

The World Bank classifies countries into the three following major groups:

Which of the following is true?

Growth is limited for developed countries like the United States because _____

In 2016, low-income countries made up _____ of the world's population, but accounted for just _____ of world output.

_____ is one of the clearest ways of distinguishing between industrial and developing countries.