All Free Economics MCQs with Answers

• A. sociology
• B. psychology
• C. archaeology
• D. economics

Explanation: Psychology relies heavily on controlled experiments to study behaviour, making it commonly regarded as the most experimental social…

• A. archaeology
• B. cultural geography
• C. history
• D. ornithology

Explanation: Archaeology reconstructs the lives and societies of people through material remains such as tools, buildings and graves, especially where…

• A. equal to that of women
• B. less than that of women
• C. considerably more than that of women
• D. slightly more than that of women

Explanation: Women generally file more divorce petitions than men, so the percentage filed by men is lower. The exact gap can vary by country and period.

• A. income
• B. the ability to earn income
• C. occupational prestige
• D. all of the above

Explanation: Marriage combines several resources, not just current income: each spouse may contribute earning capacity and occupational status as well.

• A. experience a decline in martial satisfaction
• B. spend more time together and are more content
• C. shift their focus toward their own relationship
• D. all of the above

Explanation: The transition to parenthood and child-rearing commonly reduce marital satisfaction, even though satisfaction may recover later.

• A. norms
• B. illusions
• C. orders
• D. scripts

Explanation: Marital scripts are culturally learned expectations about how husbands and wives should behave.

• A. cannot occur
• B. has not been positively sanctioned in any society
• C. reflects the norms and values of Pakistan society
• D. is considered a sin by all religions of the world

Explanation: In the traditional sociological view, societies have generally linked legitimate reproduction to marriage and the family, so reproduction…

• A. is widespread in several societies
• B. is practiced among Australian aborigines
• C. has been a consistent feature in Western societies
• D. has never been consistently or extensively practiced

Explanation: Although group marriage has been reported in anthropological discussions, it has not been shown to be a consistently widespread or…

• A. discourage marriage
• B. encourage marriage
• C. accept all kinds of man-women unions
• D. pay couples to have children

Explanation: Marriage is encouraged in most societies because it organises family life, inheritance and child-rearing.

• A. two social science disciplines
• B. ways of studying institutions
• C. social limitations placed on marriages
• D. practiced only by select groups in society

Explanation: Endogamy requires marrying within a specified group, while exogamy requires marrying outside it.

• A. Polyandry
• B. Polygyny
• C. Polygamy
• D. Monogamy

Explanation: Monogamy involves one spouse at a time and is therefore not a form of plural marriage.

• A. natural resources are increasing in proportion to an increased demand for them
• B. natural resources are decreasing as demand for them increase
• C. natural resources can be substituted with artificial ones
• D. humans are capable to adapt to other resources when the old ones disappear

Explanation: Environmental depletion occurs when stocks of natural resources decline because extraction or use rises faster than replenishment.

• A. Water
• B. Air
• C. Land
• D. all of the above

Explanation: Pollution can damage all major parts of the environment, including air through emissions, water through waste and chemicals, and land…

• A. the way humans found the earth
• B. the totality of natural conditions and resources that occur in a specific area
• C. the total complex of manmade elements in an area
• D. mountains oceans rivers and deserts

Explanation: The natural environment means the complete set of naturally occurring conditions and resources in a particular area, such as climate…

• A. dysfunctions in the earth,s atmosphere
• B. ignorance on the part of the underdeveloped nations
• C. human actions that have harmful consequences
• D. unknown bacteria and viruses

Explanation: Pollution results from human activities such as industrial production, transport, and waste disposal that impose harmful effects on others…

• A. By a command system
• B. According to tradition
• C. Through a price system
• D. By executive fiat

Explanation: In a market economy, prices convey information about scarcity and demand, guiding consumers and producers toward their production and…

• A. The more elderly widowers
• B. Women who derived their identity from being someone's wife
• C. Women living in large cities those with small incomes and those who are fairly young
• D. all of the above

Explanation: The loss of a spouse can be especially severe for elderly widowers, women whose identity depended heavily on marriage, and relatively…

• A. irreversible
• B. the inevitable outcome of modernization
• C. a reasonable response to the declining intellectual performance that occurs after age 55
• D. none of the above

Explanation: Early retirement is not necessarily irreversible or an inevitable result of modernization, nor is it simply a rational response to…

• A. oligopolies
• B. trusts
• C. interlocking directorates
• D. restraint of trade

Explanation: When executives or directors serve on the boards of several companies, the firms are linked through common decision-makers.

• A. increase consumption
• B. create brand awareness and direct consumption
• C. create demand
• D. All of the above

Explanation: Advertising is intended to raise consumption by creating brand awareness, directing consumers toward particular products, and stimulating…