100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
SCHOOL OF HUMANITIES AND SOCIAL SCIENCES DEPARTMENT OF DEVELOPMENT STUDIES $15.99   Add to cart

Exam (elaborations)

SCHOOL OF HUMANITIES AND SOCIAL SCIENCES DEPARTMENT OF DEVELOPMENT STUDIES

 2 views  0 purchase
  • Course
  • SCHOOL OF HUMANITIES AND SOCIAL SCIENCES DEPARTME
  • Institution
  • SCHOOL OF HUMANITIES AND SOCIAL SCIENCES DEPARTME

SECTION A: OBJECTIVE. Circle the correct answer. 2 marks for a correct answer, -1 mark for a wrong answer and zero (0) for a ‘not sure’ response. 1. Gini-coefficient measures (a). equality levels (b). Income Discrepancy (c).Inequality levels (d). Not sure 2. Micheal Todaro defines devel...

[Show more]

Preview 2 out of 9  pages

  • August 4, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SCHOOL OF HUMANITIES AND SOCIAL SCIENCES DEPARTME
  • SCHOOL OF HUMANITIES AND SOCIAL SCIENCES DEPARTME
avatar-seller
StudyCenter1
THE UNIVERSITY OF ZAMBIA

SCHOOL OF HUMANITIES AND SOCIAL SCIENCES

DEPARTMENT OF DEVELOPMENT STUDIES

DEV 1150 REVISION TEST 1

INSTRUCTIONS: READ THE INSTRUCTIONS ON EACH SECTION CAREFULLY

DATE: FRIDAY 28/02/2014 DURATION: 45 MINUTES (17HRS- 17:45HRS)

SECTION A: OBJECTIVE. Circle the correct answer. 2 marks for a correct answer, -1 mark for a
wrong answer and zero (0) for a ‘not sure’ response.

1. Gini-coefficient measures

(a). equality levels (b). Income Discrepancy (c).Inequality levels (d). Not sure

2. Micheal Todaro defines development as a multidimensional process involving changes in National
Institutions, Social Structures, Popular Attitudes as well as an acceleration in economic growth,
reduction in inequality and eradication of poverty.

(a). True (b) False (c) Not sure

3. Gross National Product (GNP) and Gross Domestic Product (GDP) are used interchangeably to
mean the same.

(a). True (b). False (c). Not sure

4. GDP, GNP and Human Development Index (HDI) are all economic measures that measure the
wellbeing of people in a country.

(a). True (b). False (c). Not sure

5. The difference between capital inflows and outflows in an economy is

(a). Net Income per Capita (b). Net Factor Income (c) National Factor Income Index (c). Not Sure

6. But for inflation discounts, real GDP and nominal GDP would be the same

(a) True (b). False (c) Not sure

7. The major variables of HDI are literacy rates, life expectancy, income per capita and inequality
rates

(a) True (b). False (c) Not sure

8. W.W. Rostow also sees development as a nonlinear paradigm (a). True (b) False (c) Not sure

Page 1 of 9

, 9. Economic Growth precedes economic development (a) True (b) False (c) Not sure

10. The second stage of development according to Marxism is capitalism (a) True (b) False (c) Not
sure

SECTION B: SHORT ANSWERS ONLY

11. List the five (5) stages of development according to W.W. Rostow. (5 marks)

12. Mention any four (4) criticisms of modernization theory (4marks)

13. What is the difference between chronic poverty and acute poverty? (2 marks)

14. What is food security? Mention the four (4) levels of food security. (5 marks)

15. Name the two renowned proponents of HDI. (2 marks)

16. Outline four (4) key characteristics of emerging markets (4 marks)

17. What are Nonviable National Economies (NNEs)? (2 marks)

18. Differentiate economic development from economic growth (2 marks)

19. Briefly define the following terms: (a) Nominal GDP (b) Real GDP (c) Inflation [3 marks]

20. Outline the three (3) core values of development according to Denis Goulet. (3 marks)

21. Define social formation according to Marxism. (2 marks)

22. Name the two (2) major financial lending institutions in the world. (2marks)

23. Briefly state the difference between development and underdevelopment (2 marks)

24. List any two (2) features of pre-conditions for takeoff stage according to W.W. Rostow. (2 marks)

25. Differentiate modernization from westernization. (2marks)

END OF WARM UP TEST

Prepared by: J. Nchungo




MARKING KEY

SECTION A

1 C 2 B 3 B 4 B 5 B
6 A 7 B 8 B 9 A 10 B




Page 2 of 9

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller StudyCenter1. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75759 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$15.99
  • (0)
  Add to cart