1) Which of the following scenarios explain economic development? a) Improvement in the distribution system b) Improvement in the technology c) Improvement in the production d) All of the above 2) Scarcity of capital, unemployment and technological backwardness are generally found in ________ economies. a) Underdeveloped b) Developed c) Partly developed d) None of the above 3) Which of the following is not an indicator of an economically developed nation? a) High levels of literacy b) Low death rate c) High per capita income d) A high proportion of labour in the primary sector

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