Economics Mcqs
A social movement which becomes a formal organization is said to have undergone________________?

A. Cooptation
B. Incorporation
C. Oligarchization
D. Bureaucratization

Change may be experienced on three levels__________________?

A. Personal impersonal social
B. Invention discovery exploration
C. Micro middle and macro
D. Planning reform revolution

It is correct to say that__________________?

A. Change is only a recent situation
B. The more things change the more they remain the same
C. The rate of change has increased in recent years
D. Change has been the downfall of societies

Modernization means that a society becomes________________?

A. Democratic
B. Affluent
C. Agricultural
D. Industrial

The first airplane was a (n)________________?

A. Discovery
B. Invention
C. Diffusion
D. Miracle

How are decisions about production made in a market economy ?

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

When one culture borrows traits from another culture the borrowing culture tends to be________________?

A. Grateful
B. Selective in borrowing
C. Nonselective in borrowing
D. Gullible and impressionable

The Industrial Revolution was based on_______________?

A. The invention of basic machines
B. The discovery of new material
C. New sources power
D. All of the above

The Industrial Revolution began with_________________?

A. The invention of a few basic machines
B. The overthrow of the british
C. The founding of sony in japan
D. The proletariat in russia