Question: True or False only. Please answer all. 51. A nation free of poverty can be started by economic policies, programs and actions.* 52. Families in

True or False only. Please answer all.

51. A nation free of poverty can be started by economic policies, programs and actions.*

52. Families in rich nations have good lives and essentially live without pressures and risks.*

53. Agriculture all over the world today is characterized as subsistence economy.*

54. Happiness according to Amartya Sen is both a being and a doing.*

55. Economic growth is a necessary condition but not a sufficient condition for development.*

56. Development is multidimensional for which reason it should be approached both from a quantitative and qualitative perspectives.*

57. The process of development entails following the methodology of economics.*

58. Development process is personal, communal, institutional and structural.*

59. The ultimate purpose of development economics is to understand developing economies and help them improve their lives.*

60. Income per capita is the best measure to determine whether development reaches the less privilege sectors of a society.*

61. Zero marginal productivity in agriculture is indicative of the presence of disguised unemployment.*

62. The capabilities of a person are sourced from himself, his family, the community and the national and international economic and political environments.*

63. The core values of development are achieved in sequential manner.*

64. The core values of development could be realized simultaneously.*

65. Gender Inequality Index is a measure of development.*

66. Social fractionalization is developing countries may be caused by politics*

67. Investment in health and nutrition of people is investment in human capital.*

68. Autarky when not managed well can result to the economic isolation of a country which could trigger its underdevelopment.*

69. Market fundamentalism is geared towards veering away from the control of government relative to economic policies and practices.*

70. Malnutrition, child mortality and life expectancy are the primary indicators of the health of people regardless of which nation they are from.*

71. Decolonization is a relevant part of development for the colonized countries but not for the colonizing countries.*

72. There are adverse economic effects of manpower exports for the importing country but not for the exporting country.*

73. A nation which is a technological follower will necessarily have difficulty achieving development.*

74. Late entrants in the use of technology often benefit from the investments of those who came ahead of them.*

75. Countries that bank on their comparative advantage tend to develop slow.*

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