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1. What is the primary focus of development in economics?
Economic growth · Environmental sustainability · Social welfare · Technological advancement
2. Which indicator is commonly used to measure economic development?
Gross Domestic Product (GDP) · Population density · Inflation rate · Unemployment rate
3. What does HDI stand for?
Human Development Index · Human Development Indicator · Human Development Income · Human Development Initiative
4. Which of the following is NOT a component of HDI?
Life expectancy · Education level · Income · Employment rate
5. What is a key characteristic of developed countries?
High literacy rates · Low industrialization · High population growth · Low life expectancy
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