#1
Which of the following is NOT a characteristic of a developed country?
High GDP per capita
Low life expectancy
High literacy rate
Advanced infrastructure
#2
What is the main focus of economic geography?
Analyzing physical features of the Earth
Studying economic activities across different regions
Exploring historical events that shaped economies
Investigating political systems in various countries
#3
What is the primary goal of economic development?
Increase government regulations
Maximize corporate profits
Improve living standards
Expand military power
#4
Which region is known for its high concentration of manufacturing industries?
Sub-Saharan Africa
Southeast Asia
Northern Europe
South America
#5
What is the term for a group of countries that have joined together to promote economic integration?
Trade alliance
Economic coalition
Customs union
Monetary bloc
#6
Which economic theory suggests that wealth is distributed unequally due to inherent structural factors in the economy?
Marxist theory
Keynesian theory
Neoclassical theory
Monetarist theory
#7
What does GINI coefficient measure in economic geography?
Growth rate of GDP
Income inequality
Cost of living
Export-import ratio
#8
What is the term for a government's control over foreign trade and investment?
Protectionism
Liberalization
Privatization
Deregulation
#9
Which factor is NOT considered a measure of human development according to the Human Development Index (HDI)?
Life expectancy
Gross domestic product (GDP) per capita
Education level
Gender ratio
#10
What is the term for the geographical concentration of related industries and businesses?
Economic agglomeration
Spatial dispersion
Decentralization
Economic segregation
#11
Which term refers to the transfer of money from foreign workers to their home countries?
Foreign direct investment (FDI)
Microfinance
Remittances
Trade deficit
#12
What is the term for the process of economic transition from agriculture to manufacturing and services?
Agricultural revolution
Industrialization
Globalization
Urbanization
#13
What is the term for the relocation of businesses and jobs to countries with lower labor costs?
Offshoring
Outsourcing
Nearshoring
Reshoring
#14
Which economic sector involves the extraction and production of raw materials?
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
#15
What is the term for the economic concept that suggests a country should specialize in producing goods and services in which it has a comparative advantage?
Mercantilism
Comparative advantage
Absolute advantage
Trade liberalization