Methods of Development (Grade 11 NSC Matric Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What does economic development mean?
What does economic development mean?
Raising living standards for everyone
How does economic development differ from economic growth?
How does economic development differ from economic growth?
Development benefits all; growth may not
What challenge do developing countries commonly face?
What challenge do developing countries commonly face?
Rapidly growing populations
Which indicator measures the average income per person?
Which indicator measures the average income per person?
Per capita income
What is beneficiation?
What is beneficiation?
Transforming basic products into finished goods
What does beneficiation achieve for a country?
What does beneficiation achieve for a country?
Creates jobs and generates more income
Which subjects should education focus on for labour development?
Which subjects should education focus on for labour development?
Mathematics and science
What is an example of direct capital investment?
What is an example of direct capital investment?
Purchasing modern machinery for factories
What does indirect capital investment focus on?
What does indirect capital investment focus on?
Roads, bridges, ports, and networks
What benefit does promoting entrepreneurship bring?
What benefit does promoting entrepreneurship bring?
Increased innovation and employment