#1
Which historical era marked the onset of the Industrial Revolution?
Renaissance
Middle Ages
Enlightenment
18th century
#2
Which economic theory emphasizes the role of government intervention in promoting industrialization?
Laissez-faire economics
Mercantilism
Classical economics
Keynesian economics
#3
Which factor is often considered a downside of rapid industrialization?
Environmental degradation
Increased cultural diversity
Enhanced social equality
Improved public health
#4
Which economic policy encourages the government's active role in industrial planning and development?
Laissez-faire
Free-market capitalism
Planned economy
Market socialism
#5
Which economic concept emphasizes the importance of consumer demand in driving industrialization?
Supply-side economics
Demand-side economics
Austrian economics
Monetarism
#6
Which of the following is considered a primary factor driving industrialization?
Agricultural practices
Rural development
Technological advancements
Cultural heritage
#7
In the context of industrialization, what does the term 'economies of scale' refer to?
The production of unique, high-quality goods
The increase in production efficiency as the scale of production increases
The reduction in the variety of goods produced
The focus on small-scale production for niche markets
#8
Which sector typically experiences growth during the later stages of industrialization?
Agriculture
Service
Mining
Cottage industry
#9
What is the role of foreign direct investment (FDI) in industrial development?
It hinders industrial growth
It only benefits large corporations
It can stimulate economic growth and industrialization
It has no impact on industrialization
#10
Which industrialization model emphasizes the sequential progression from agriculture to industry to services?
Linear model
Cyclical model
Stages of growth model
Random growth model
#11
What role does infrastructure play in fostering industrialization?
No significant role
Hinders industrialization
Facilitates industrial growth
Reduces global trade
#12
Which factor is a common obstacle to sustainable industrialization in developing countries?
Access to technology
Abundant natural resources
Effective government policies
Global economic stability
#13
What is the significance of human capital in the process of industrialization?
It hinders industrial growth
It has no impact on industrialization
It contributes to innovation and productivity
It increases environmental pollution
#14
In the context of industrialization, what does the term 'deindustrialization' refer to?
The expansion of manufacturing industries
The decline of manufacturing industries in a region
The establishment of cottage industries
The growth of the agricultural sector
#15
What is the role of innovation in driving industrialization?
It impedes industrial progress
It has no impact on industrialization
It fosters economic growth and industrial development
It leads to deindustrialization