85% of the world’s population lives in developing countries and receives about _____ of the world’s income?

Related Mcqs:

Experiences over the last three decades has suggested that in order for economic development to occur, it is necessary for an economy to ?

A. stress agricultural development over industrial development B. promote industrial development over agriculture C. use a balanced strategy that promotes both agricultural and industrial development D. stress the importation of agricultural products and the export of manufactured goods...

Low agricultural productivity in developing countries is mainly caused by ?

A. shortages of inputs including land B. an over-investment in farm equipment C. migration from rural areas to urban areas D. a lack of effective demand for food products...

The main reason why land reform increase agricultural output is that is ?

A. encourages mechanization B. allows the farmers to set the prices for their agricultural products C. enables farmers to escape the problem of diminishing return D. makes farmers owners of the land instead of tenants and owners’ farmers are more productive than tenant farmers...

Which of the following is NOT one of the problems facing most developing nations ?

A. Food shortages B. Foreign debt C. Rapid population growth D. Labor shortages...

Structuralist economists who study developing countries focus their attention on ?

A. changes in industrial structure over time B. specific barriers to development and how to overcome them C. The impact of international trade structures on developing countries D. the caste of class structure and discrimination in the labor market...