Economic Growth and Development (AQA A-Level Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is the key difference between economic growth and economic development?
What is the key difference between economic growth and economic development?
Growth measures output; development is broader
What does 'sustainable growth' mean?
What does 'sustainable growth' mean?
Growth not compromising future generations
Which three dimensions does the HDI measure?
Which three dimensions does the HDI measure?
Life expectancy, schooling, GNI per capita
What is the maximum value of the HDI?
What is the maximum value of the HDI?
1 (or unity)
How does training differ from education?
How does training differ from education?
Training focuses on specific work skills
How does corruption act as a barrier to development?
How does corruption act as a barrier to development?
Raises costs and creates mistrust
What is human capital?
What is human capital?
Skills, knowledge, experience of workers
What are property rights?
What are property rights?
Exclusive authority over resource use
What characterizes soft loans as a form of aid?
What characterizes soft loans as a form of aid?
Below-market interest rates
What is capital flight?
What is capital flight?
Sudden withdrawal of money from a country