All Free Economics MCQs with Answers

Every Economics question in the bank, across all chapters, each with the correct answer and a written explanation. Free and unlimited, with no account needed.

4,037 questions · page 26 of 202

  • A. the way inanimate objects are placed into the natural system
  • B. a systematic application of the economy
  • C. the way living things interact and interrelate with each other and their environments
  • D. what Hobbes called the "state of nature"

Explanation: An ecosystem consists of living organisms interacting with one another and with their physical environment.

Correct answer: the way living things interact and interrelate with each other and their environments
  • A. means that the number of births equals the number of deaths in country in any given year
  • B. signifies that the deaths exceed the births
  • C. is the term used when there are no births in any given year in a specific county
  • D. means that population stop growing because of an epidemic such as the Black Death or AIDS

Explanation: Zero population growth means that population additions and reductions balance, commonly expressed in a basic closed-population model as…

Correct answer: means that the number of births equals the number of deaths in country in any given year
  • A. defined as the number of deaths per 1000 people per country per year
  • B. the rate at which infants survive past their first year
  • C. deaths of infants before they are one year old
  • D. the rate a which the elderly die in any given year

Explanation: The death rate measures deaths in a population, conventionally expressed as the number of deaths per 1,000 people per year.

Correct answer: defined as the number of deaths per 1000 people per country per year
  • A. New York
  • B. Africa
  • C. Pacific Islands
  • D. Eurasia

Explanation: Eurasia, particularly its Asian portion, contains the world’s largest population concentrations, including China and India.

Correct answer: Eurasia
  • A. a dramatic increase in population
  • B. a visible decrease in population
  • C. the systematic migration of populations to different areas
  • D. a return to an agrarian way of life

Explanation: Technological revolutions improve food production, medicine, and living conditions, causing a major rise in population.

Correct answer: a dramatic increase in population
  • A. traditional values
  • B. government subsidies for large families
  • C. low infant mortality
  • D. women's rights

Explanation: Traditional religious and social values may favour large families and discourage the use of contraception.

Correct answer: traditional values
  • A. infinite
  • B. finite
  • C. ready to support many more billions of people
  • D. dispensable

Explanation: Natural resources are finite because the stock of oil, minerals, forests, and other resources is limited, even though some can be renewed.

Correct answer: finite
  • A. constant increase
  • B. environmental depletion
  • C. environmental pollution
  • D. price stability

Explanation: Oil reserves decline as extraction continues, so U.S. oil supplies are subject to depletion.

Correct answer: environmental depletion
  • A. greater rainfall
  • B. greater crop yields
  • C. climate changes
  • D. fluorochlorocarbon production

Explanation: Ozone-layer depletion allows more ultraviolet radiation to reach Earth and can contribute to atmospheric and climate changes.

Correct answer: climate changes
  • A. the ecosystem is disturbed
  • B. biological capital is lost
  • C. the environment is degraded
  • D. all of the above

Explanation: Pollution disrupts the lake’s ecosystem, destroys biological resources such as fish, and degrades the environment.

Correct answer: all of the above
  • A. provided good housing for the poor
  • B. secured many jobs for the poor
  • C. eliminated housing discrimination
  • D. moved residents but not improved conditions

Explanation: Urban renewal has often displaced existing residents without providing equivalent improvements for them, especially in poor…

Correct answer: moved residents but not improved conditions
  • A. slums
  • B. a concentration of one racial group in an area
  • C. residents who make up an economic underclass
  • D. all of the above

Explanation: A ghetto is primarily an area where a particular racial or ethnic group is concentrated, so that is the defining feature.

Correct answer: a concentration of one racial group in an area
  • A. a standard metropolitan area
  • B. a megalopolis
  • C. an ecological city
  • D. a repetition of the Greek polis

Explanation: When neighbouring metropolitan areas expand until they merge, they form a megalopolis, which is a large continuous urban region made up of…

Correct answer: a megalopolis
  • A. several small towns
  • B. a central city and surrounding suburbs and small towns
  • C. the city only
  • D. a city with a subway system

Explanation: A metropolitan area includes a central city together with its suburbs and nearby smaller towns that are economically and socially linked…

Correct answer: a central city and surrounding suburbs and small towns
  • A. skin color only
  • B. homogeneous families
  • C. social class
  • D. the grass being greener in the suburbs

Explanation: Contemporary suburbanization is strongly associated with social class, as households with different incomes and resources settle in…

Correct answer: social class
  • A. are doomed to total disorganization
  • B. are too expensive
  • C. stimulate creativity
  • D. will revert to rural areas within a short time

Explanation: Unlike the Chicago school’s emphasis on urban disorder, modern urban sociologists often stress that cities bring diverse people and…

Correct answer: stimulate creativity
  • A. 20 percent
  • B. 49 percent
  • C. 50 percent
  • D. 80 percent

Explanation: By 2005, approximately 49 percent of the world’s population lived in urban areas, making 49 percent the closest figure.

Correct answer: 49 percent
  • A. has been reinforced by recent studies
  • B. is based on stereotypes
  • C. helped democratic representation in the states
  • D. gave urban dwellers an inferiority complex

Explanation: The traditional praise of rural life as morally superior is largely based on stereotypes, such as viewing rural communities as more…

Correct answer: is based on stereotypes
  • A. factories
  • B. the continued improvements in agricultural methods
  • C. population size
  • D. the favor of the local tyrant

Explanation: Improved agricultural methods increased productivity while reducing the need for farm labour, encouraging rural workers to move to towns…

Correct answer: the continued improvements in agricultural methods
  • A. the central city suburbs and satellites
  • B. one with a recycling enter
  • C. one containing a clean water supply for the area
  • D. where urban planning originates

Explanation: In this classification, an ecological city is understood as an urban system comprising the central city, its suburbs, and satellite…

Correct answer: the central city suburbs and satellites