Economics Practice Quiz 92
10 questions · 12 minutes
Q1.Which of the following assets was owned by Berlusconi's company, as per the provided text?
Q2.Muhammad Yunus, mentioned in the passage, is a famous economist from which country?
Q3.According to the provided text, what was the trend in economic growth rates when comparing democracies and dictatorships during the fifty years between 1950 and 2000?
Q4.What is the observed difference in the rates of economic development between less developed countries with dictatorships and democracies?
Q5.Based on the overall assessment in the provided text, what can be concluded about democracy as a guarantee of economic development?
Q6.While democracy is not a guarantee of economic development, what expectation does the text set regarding its economic performance compared to dictatorships?
Q7.Based on Table 1 for the period 1950-2000, what was the observed difference in economic growth rates between poor countries under dictatorship and poor countries under democracy?
Q8.According to Table 2, which two democratic countries showed the highest degree of income inequality, with the top 20% of the population taking more than 60% of the national income?
Q9.Based on Table 2, which two countries had the lowest percentage share of national income for the top 20% and the highest for the bottom 20%, indicating a better income distribution?
Q10.As per Table 2, what percentage of the national income was taken by the top 20% of the population in South Africa?