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Economic Backwardness in Historical Perspective
Contributed by: Casey
  • 1. Which country is often cited as a case of late industrialization?
A) Russia.
B) Germany.
C) United States.
D) Japan.
  • 2. In historical terms, which region is often associated with prolonged economic backwardness?
A) Sub-Saharan Africa.
B) East Asia.
C) North America.
D) Western Europe.
  • 3. Which historical event marked a significant shift towards industrialization for many European countries?
A) The Industrial Revolution.
B) The Cold War.
C) The French Revolution.
D) World War I.
  • 4. Which theory focuses on the role of institutions in economic development?
A) New Institutional Economics.
B) Neoclassical Economics.
C) Marxian Economics.
D) Classical Economics.
  • 5. Which approach argues that backwardness is primarily due to cultural factors?
A) Historical materialism.
B) Economic liberalism.
C) Cultural determinism.
D) Structuralism.
  • 6. Which country is often cited as an example of successful late industrialization?
A) United Kingdom.
B) Italy.
C) South Korea.
D) India.
  • 7. Which economic policy is likely to encourage development in backward economies?
A) Maintaining high tariffs on imports.
B) Investment in education and infrastructure.
C) Encouraging emigration of skilled workers.
D) Reducing state involvement in the economy.
  • 8. What is an essential feature of 'catch-up' growth?
A) Total isolation from global markets.
B) Rejection of foreign ideas.
C) Adoption of existing technologies.
D) Only focusing on agriculture.
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