Question 1

In contrast to the progress seen in Singapore, Hong Kong, South Korea, and Taiwan, which area of the world has been deteriorating for a generation, with over 40 percent of its people living on less than a dollar a day?

Accepted Answer

A)  Latin America 
B)  China 
C)  sub-Saharan Africa 
D)  Pakistan

Question 2

In the 1970s, which of the following were seen as challenges to the Keynesian model of economic development?

Accepted Answer

A)  a lack of government services 
B)  high inflation and stagnant economies 
C)  an anticorporate business climate 
D)  low interest rates

Question 3

Review both neoliberal development strategies and Keynesian economic strategies. Then form a synthesis of both to propose your own theory of development.

Accepted Answer

The answer of Review both neoliberal development strategies and Keynesian...

Question 4

The International Comparison Project undertook an extensive analysis of price levels in most Asian countries. Which of the following reflects the conclusion of this work?

Accepted Answer

A)  Inflation has crippled the ability of the poor to purchase basic necessities, including food. 
B)  Price levels in Asia were lower than anticipated. 
C)  Price levels in Asia were higher than anticipated. 
D)  High inflation corresponded with wage increases and so purchasing power was unchanged.

Question 5

Offer a critical analysis of Jared Diamond's thesis of historical and geographic influences on development.

Accepted Answer

The answer of Offer a critical analysis of Jared Diamond's...

Question 6

Discuss the successes and the drawbacks inherent in China's economic growth. Explain how economic development does not necessarily lead to prosperity for all.

Accepted Answer

The answer of Discuss the successes and the drawbacks inherent...

Question 7

Why was estate agriculture more of an impediment to development than were agrarian structures dominated by small family farms?

Accepted Answer

The answer of Why was estate agriculture more of an...

Question 8

A professor presented the following argument: "The reason it took Brazil so long to develop was that the citizens did not have the drive and 'need for achievement' necessary to develop business and industry." Which theoretical approach is this professor drawing arguments from?

Accepted Answer

A)  capitalist theory 
B)  modernization theory 
C)  dependency theory 
D)  underdevelopment theory

Question 9

Structural adjustment programs (SAPs), sponsored by the World Bank and the International Monetary Fund, were introduced to assist with economic growth in the global south. What kind of successes have these programs had?

Accepted Answer

A)  Growth rates in the south were higher in the decade prior to SAPs. 
B)  Governing structures in the developing world have strengthened. 
C)  Since their inception, there has been dramatic growth in countries with SAPs. 
D)  Civil society has improved tremendously in states with SAPs.

Question 10

According to Paul Bairoch, which countries were the largest industrial powers in 1830?

Accepted Answer

A)  countries of the global west 
B)  countries of the global south 
C)  countries of the global east 
D)  countries of the global north

Question 11

After watching a commercial that requested viewers to sponsor a child in Africa, Joshua asserts that the child poverty problem would be solved if the people in Africa would utilize birth control, rather than expecting other countries to pay for raising their families. Which theory of development does Joshua ascribe to?

Accepted Answer

A)  stages of development theory 
B)  modernization theory 
C)  dependency theory 
D)  independency theory

Question 12

The government of Country X is fighting a popular rebellion against the president's oppressive policies. The United States is sending military aid to the government because of its economic interests in Country X. According to the text, how could this situation influence development in the country?

Accepted Answer

A)  Military aid accelerates it because peace is needed for economic development. 
B)  Military aid stifles it because war takes attention away from economic development. 
C)  Military aid has no effect on economic development. 
D)  Military aid offers only marginal assistance for economic development.

Question 13

From a neoliberal perspective, which of the following would be considered a barrier to a free market?

Accepted Answer

A)  a dollar an hour increase in the minimum wage 
B)  a company's inadequate marketing strategies for selling goods 
C)  a movement focused on the promotion of social values that do not support initiative and discipline 
D)  a lack of inventiveness on the part of business people

Question 14

A big winner in the global neoliberal economy is Mexican Carlos Slim Helu, who, in 2007, was declared to be richer than Bill Gates.

Accepted Answer

A) True 
 B)False

Question 15

If the world's population were to shrink to 100 people, which of the following proportional statements would reflect the social condition of those 100 people?

Accepted Answer

A)  Thirty people could afford to own an automobile. 
B)  Thirty-three people would have access to clean, safe drinking water. 
C)  Fifty people would be literate. 
D)  Sixty people would receive 75 percent of the world's income.

Question 16

Prior to the Industrial Revolution, manufacturing consisted largely of rural and labour-intensive activities. Consequently, what was the global manufacturing situation of that time?

Accepted Answer

A)  The majority of manufacturing existed in the global north. 
B)  Eastern European countries accounted for most manufacturing. 
C)  Western European countries accounted for most manufacturing. 
D)  The majority of manufacturing existed in the global south.

Question 17

Dependency theorists assume that the economic backwardness of countries in the global south is due to the inability of citizens to adopt the work ethic, mindset, and virtues of the developed North.

Accepted Answer

A) True 
 B)False

Question 18

Paulo is a political candidate in Argentina. The media has reported that he is highly likely to be elected, solely due to his stance on economic policy. What position has Paulo taken?

Accepted Answer

A)  He is in favour of neoliberal economic policies. 
B)  He is opposed to neoliberal economic policies. 
C)  He promises to introduce neoliberal economic policies. 
D)  He promises to welcome foreign investment.

Question 19

A major research study involving 38 percent of the world's population in developing countries concluded that prices in these countries were much higher than expected. What are the implications of these higher costs in those areas?

Accepted Answer

A)  These economies are growing. 
B)  Neoliberal policies are working. 
C)  Wages are matching prices. 
D)  Inequality is increasing.

Question 20

Dependency theorists and their supporters like to blame developing countries for their lack of progress.

Accepted Answer

A) True 
 B)False

Exam 9: Development and Underdevelopment

In contrast to the progress seen in Singapore, Hong Kong, South Korea, and Taiwan, which area of the world has been deteriorating for a generation, with over 40 percent of its people living on less than a dollar a day?

In the 1970s, which of the following were seen as challenges to the Keynesian model of economic development?

Review both neoliberal development strategies and Keynesian economic strategies. Then form a synthesis of both to propose your own theory of development.

The International Comparison Project undertook an extensive analysis of price levels in most Asian countries. Which of the following reflects the conclusion of this work?

Offer a critical analysis of Jared Diamond's thesis of historical and geographic influences on development.

Discuss the successes and the drawbacks inherent in China's economic growth. Explain how economic development does not necessarily lead to prosperity for all.

Why was estate agriculture more of an impediment to development than were agrarian structures dominated by small family farms?

A professor presented the following argument: "The reason it took Brazil so long to develop was that the citizens did not have the drive and 'need for achievement' necessary to develop business and industry." Which theoretical approach is this professor drawing arguments from?

Structural adjustment programs (SAPs) , sponsored by the World Bank and the International Monetary Fund, were introduced to assist with economic growth in the global south. What kind of successes have these programs had?

According to Paul Bairoch, which countries were the largest industrial powers in 1830?

The government of Country X is fighting a popular rebellion against the president's oppressive policies. The United States is sending military aid to the government because of its economic interests in Country X. According to the text, how could this situation influence development in the country?

From a neoliberal perspective, which of the following would be considered a barrier to a free market?

A big winner in the global neoliberal economy is Mexican Carlos Slim Helu, who, in 2007, was declared to be richer than Bill Gates.

If the world's population were to shrink to 100 people, which of the following proportional statements would reflect the social condition of those 100 people?

Prior to the Industrial Revolution, manufacturing consisted largely of rural and labour-intensive activities. Consequently, what was the global manufacturing situation of that time?

Dependency theorists assume that the economic backwardness of countries in the global south is due to the inability of citizens to adopt the work ethic, mindset, and virtues of the developed North.

Paulo is a political candidate in Argentina. The media has reported that he is highly likely to be elected, solely due to his stance on economic policy. What position has Paulo taken?

A major research study involving 38 percent of the world's population in developing countries concluded that prices in these countries were much higher than expected. What are the implications of these higher costs in those areas?

Dependency theorists and their supporters like to blame developing countries for their lack of progress.