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
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
