17 Questions
According to the World Bank World Development Report of 1982, what were the growth rates of agriculture and GDP in the Asian economies during the 1970s?
Agriculture: 3%; GDP: 5%
What does the sectoral distribution of GDP employment as a percentage of the labor force in Taiwan indicate?
A transformation from agriculture to industry, and services to industry
Which stage in land preparation helps prevent the growth of grass and snails in a rice field?
Levelling of the rice field
According to the World Bank World Development Report of 1982, which Asian countries demonstrated agricultural growth of 1-3% and GDP growth of 3-5% in the 1970s?
Bangladesh, India, Pakistan, and Sri Lanka
What is the second principal factor in the economic development of a country?
Microeconomic policies and the role of each sector in the economy
What was the overall trend in the sectoral distribution of GDP employment as a percentage of the labor force in Taiwan?
Transformation from agriculture to industry, and services to industry
What are some factors that contributed to increased agricultural productivity in Asia according to the text?
Improved irrigation, double-cropping, and increased farm size
Which of the following is considered a tenancy agreement based on the text?
Tenant agrees to purchase land after a certain period
Is there an inverse relationship between farm size and overall farm productivity in agriculture?
False
In Southeast Asian countries like the Philippines, Malaysia, and Thailand, was the initial emphasis on industrial-based exports?
False
According to Timmer (1991), what characterizes the early phases of industrial development in terms of productivity gap?
Wide productivity gap between agriculture and the rest of the economy
Which sector's growth contributes to the expansion of the non-agricultural sector?
The agricultural sector
Which of the following policies did the Asian miracle economies adopt towards the agricultural sector?
They pursued policies in favor of the agricultural sector
What is the crucial stage in the process of rice production?
None of the above
Which of the following best illustrates foreign exchange from agriculture?
Importation of capital equipment
What was one reason for the slower economic growth in South Asia compared to the miracle economies?
South Asian countries did not adopt inward-looking policies early in development
What is the significance of the agricultural sector's growth for the overall economy?
It provides surplus for transfer to the non-agricultural sector
Test your knowledge on economic growth statistics with questions about agriculture and GDP percentages in Asian economies and sectoral distribution of GDP employment in Taiwan.
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