Exploring Economic Development
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Questions and Answers

Which of the following best describes economic development?

  • Improvement in productivity
  • Only economic growth
  • Increase in goods and services
  • Total process including social, political, cultural, and spiritual aspects (correct)

    • What are some indicators of economic development?

  • Increase in a country's wealth and standard of living
  • Higher literacy rates and better public education
  • Improved productivity
  • All of the above (correct)

    • Who is credited with writing Kennedy's famous 'New Frontier' speech?

  • American Economist
  • World War II
  • Office of Strategic Services
  • Walt Whitman Rostow (correct)

    • Which stage of economic growth is characterized by an unyielding and static economy with limited technology and resistance to change?

    <p>Tradition Society</p> Signup and view all the answers

    What are the preconditions for take off in economic growth?

    <p>All of the above</p> Signup and view all the answers

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