Quality of Life Indicators Quiz

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Questions and Answers

What factors are included in the indicators of quality of life?

  • Access to luxury goods and designer clothing
  • Access to transportation and internet
  • Access to entertainment and video games
  • Access to education and healthcare (correct)

What does the Human Development Index (HDI) measure?

  • GDP growth rate
  • Gross National Income (GNI)
  • Literacy, life expectancy, and income (correct)
  • Population density

Which of the following is a primary industry?

  • Agriculture and farming (correct)
  • Textile industry
  • Automobile production
  • Consumer electronics manufacturing

Which factor does not affect wealth according to the text?

<p>Education level of the population (D)</p> Signup and view all the answers

What is the primary focus of secondary industry?

<p>Manufacturing consumer goods (C)</p> Signup and view all the answers

What is Gross National Income (GNI) calculated as?

<p>Total income divided by population (A)</p> Signup and view all the answers

What industry focuses on the application of ideas and knowledge?

<p>Quaternary industry (C)</p> Signup and view all the answers

Which economic system combines aspects of both capitalism and socialism?

<p>Mixed (C)</p> Signup and view all the answers

What is the key feature of a market economic system?

<p>Supply and demand directing production (B)</p> Signup and view all the answers

Which type of trade involves buying and selling of goods and services?

<p>Global Trade (A)</p> Signup and view all the answers

What characterizes a command economic system?

<p>Centralized government control of production (B)</p> Signup and view all the answers

Which term refers to the process of growing connections around the world?

<p>Globalization (A)</p> Signup and view all the answers

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