M C Q s D r i v e

Economics Mcqs 4423 MCQs [All-Courses]

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Economics MCQs cover fundamental concepts of microeconomics and macroeconomics, including demand and supply, inflation, national income, and economic policies.
This section is designed to strengthen analytical skills and conceptual understanding for competitive examinations.
Highly useful for PPSC, FPSC, NTS, OTS, KPPSC, and other testing services preparation.

In industrial societies consumption ?
A must always be limited
B maintains and fuels demand
C is not a factor
D is viewed unfavorably
Correct Answer: maintains and fuels demand
Professionalization means__________________?
A excessive upward mobility
B interlocking directorates
C racial polarization
D a combination of theoretical knowledge and training
Correct Answer: a combination of theoretical knowledge and training
What does one call property owned by the state in the name of the people ?
A public
B private
C common law
D communal
Correct Answer: public
A society’s economic system is largely determined by its concept of________________?
A truth
B property
C happiness
D justice
Correct Answer: property
Resources are defined as___________________?
A anything that is manmade
B anything that is produced in factories
C anything that is derived from natural including
D everything that is needed for the production of goods and services including human energy
Correct Answer: everything that is needed for the production of goods and services including human energy
Anger is_______________?
A an innate human response to deprivation and frustration
B a definite sharply defined emotion
C subject to manipulation
D all of the above
Correct Answer: all of the above
Absence of body contact and stimulation in infants inhibits_______________?
A instinctual development
B development of higher learning functions
C biological drives
D aggressive behavior
Correct Answer: development of higher learning functions
Personality may be seen as a circular system in that____________?
A every adult experience cycle back to childhood
B personality affects roles and vice-versa
C all feelings revolve around the self
D all experience is based on preconceptions
Correct Answer: personality affects roles and vice-versa
When the lk of Uganda lost their traditional hunting grounds they ?
A rapidly became shepherds
B their formerly outgoing personalities changed
C became savage warriors
D became outgoing accomplished entrepreneurs
Correct Answer: their formerly outgoing personalities changed
Abraham Maslow and Carl Rogers are associated with the following theories of personality.
A development
B stressing self-concept and self-actualization
C psychoanalytic
D environmental determinism
Correct Answer: stressing self-concept and self-actualization