O-LevelEconomicsEconomic development2281/11 · May/June 2012 · Q361 Mark

What is most likely to be found in both developed and developing economies?

AAdult literacy rates are more than 90%.

Bhigh proportion of wealth is owned by a few people.

CEarnings from agriculture and mining contribute most to GDP.

DThose who live in rural areas have access to proper sanitation.

✓ Correct answer

B: high proportion of wealth is owned by a few people.

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Topic: Economic development, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2012 Paper 1 Variant 1, question 36.

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