📊Economics MCQs
Economics MCQs
451 MCQs301
Which tropical fruit is Latin named musa ?
Acoconut
BPassion fruit
Ccassava
Dbanana
302
Which state is in the US produces the most blueberries ?
ANew York
BAlabama
CTexas
DNew Jersey
303
For which agricultural produce, Sudan is famous and which comes under Tropical Grassland Region ?
ACoffee
BMillets
CBarley
DCotton
304
Which of the following is an agricultural produce of Taiwan ?
ACoffee
BMaize
CRice
DNone of these
305
In which of the crops Russia does not lead ?
ACotton
BWheat
CBarley
DSurgarcane
306
The economic policy of mercantilism first developed during the ?
AAge of Exploration
BEnlightenment
CCold War
DGreen Revolution
307
Which statement best describes how a command economy functioned in the Soviet Union ?
AThe laws of supply and demand controlled the economy
BTrade policies mandated that imports exceed exports
CThe success of the agricultural sector controlled the price of manufactured goods
DA central authority determined the type and quantity of goods to be produced
308
Which statement best explains China’s economic shift towards capitalism in the 1980s and early 1990s ?
AChina’s economic policies were directly influenced by the success of the Soviet economic System
BThe Tiananmen Square massacre resulted in Major economic reforms in China
CThe success of the Cultural Revolution resulted in the increased westernization of china
Dcommunist economic policies were not meeting the needs of the society
309
Economic development in Japan after World War II and in Communist China since the 1980s in similar in that both nations have sought to ?
Aend foreign investment
Bdevelop their vast natural resources to achieve economic growth
Cutilize the concepts of capitalism to improve their economies
Dnationalize most major industries and restrict competition
310
Since World War II, people in both Africa and Latin America have moved from rural to urban areas, The major cause of this movement has been the ?
Arejection of traditional custom
Bexpectation of improved economic opportunities
Cguarantee of better housing
Dfear of civil war