The prosperity of any country chiefly depends on:
- athe size of its population
- bthe nature and amount of its national resources
- cits geographical location
- dits political stability
153 questions · 14 sections
The prosperity of any country chiefly depends on:
To understand the economic system of a country, one should first know about its:
National wealth refers to all natural and man-made economic resources that are considered the:
To be termed a resource, any goods must possess utility, insufficiency, visibility, and:
The ability of a commodity to fulfil any need is called:
Shirts, pants, and saris satisfy human want for clothing, which proves they have:
When the supply of any goods or service is less than the demand, it is called:
Why is air not considered a resource?
Why is mere health not treated as a resource?
Health becomes a resource when:
People pay money for food because food has:
The features required for any goods to be called a resource are:
Resources or assets are classified into how many main classes?
Which of the following is a personal asset?
Which of the following is a collective resource?
Why are personal intellect and skills, though non-transferable, treated as personal assets?
Which of the following are collective resources?
National resources are jointly composed of:
Which of the following is included as a national resource as a "qualifying characteristic of the nation"?
Resources that do not belong to any state and can be enjoyed by every nation are called:
Which of the following is an example of an international resource?
Scientific invention and technology are examples of which type of resource?
Equal rights and equal obligations exist among all citizens for:
The two main sources of national resources are:
Which of the following is a "gift of nature" resource?
The land inside and outside the geographical boundary of a country is treated as:
Citizens transform natural resources into assets by using their:
Cultivating land to produce crops, fruits and trees is an example of:
Which of the following is a man-made national resource?
Roads, factories, machinery and embankments are usually constructed by:
Aquatic animals and plants in natural water bodies are an example of:
"Preservation" mainly means:
The preservation of national resources means the preservation of:
Why does an individual specially protect his own property?
Which of the following is part of an individual's preservation responsibilities?
To prevent wastage of his own resources, an individual:
Which of the following is a personal asset that an individual usually keeps with special care?
Which of the following is included in collective assets?
Who collectively own roads, bridges, hospitals and state-owned forests?
The state ensures development and welfare by using collective resources in a:
Whose duty is it to be especially careful in preserving collective resources?
Organisations or institutions in charge of collective resources should:
Ensuring recycling and reusing of resources is an example of:
If a citizen finds a bridge or office building unsecured, he should:
Which of the following is true about conservation of forest and animal diversity?
Cutting down trees illegally from a preserved forest is considered:
Hunting birds and beasts in a preserved area is regarded as:
To check the misuse of state-supplied water, electricity and gas, citizens should:
Awareness should be enhanced so that:
Necessary training to perform duties of preservation should be provided to:
Preserving national resources is not hard if every citizen:
Need is created from the insufficiency of meeting:
Production is defined as the:
Making a chair from wood is an example of:
The four factors required for production are land, labour, capital and:
In economics, "land" means:
The physical and mental ability of man usable in production work is called:
The "produced factor of production" that is not directly consumed but used to produce more is:
Which of the following is an example of capital?
The combination of land, labour and capital to conduct production is called:
The man who organises production is called:
The risk or uncertainty of production is shouldered by the:
The income of land is:
The income of labour is:
The income of capital is:
The income of the organiser/entrepreneur is:
The desire or wish to get any goods or service is called:
The process of distributing produced resources among the four factors of production is called:
The correct sequence of stages of economic activity is:
If the distribution system is faulty and discriminatory, the result is:
The system or structure under which the ownership of factors of production is determined and the process of distribution and consumption is accomplished is called:
How many main types of economic system are effective in the present world?
Which of the following is NOT one of the four economic systems mentioned?
In the capitalist economic system, the ownership of land, labour, capital and organisation is:
The capitalist economy is also called:
In the capitalist system, production, distribution and consumption are mainly operated on the basis of:
In the capitalist economic system, decisions about ownership and consumption are taken by:
In the capitalist system, the price of goods is determined through:
The main aim of production in the capitalist economic system is:
Investment in capitalist economy means the addition of new capital with:
In the capitalist economy, capitalists try to keep production cost low mainly by:
The "surplus wage" of labourers in capitalism is accumulated by the capitalists as:
Inequality and disparity in the distribution of produced asset in capitalism is caused mainly because:
In a capitalist economy, who decides which goods and how much amount the consumer will consume?
Open competition in capitalism arises because:
In the capitalist system, government interference in economic decisions is:
Which of the following are characteristics of the capitalist economic system?
In the socialist economic system, all assets including factors of production are under the:
Socialism is described as the:
In socialism, all production activity is conducted according to:
The main aim of the socialist economic system is:
In the socialist economy, basic decisions about which goods to produce and at what price are taken by the:
The consumer's freedom in a socialist economy is:
In the socialist economy, the rent from land and interest from capital is deposited in:
Wages to labourers in a socialist economy are paid by the:
The wage policy of the socialist economy is:
There is no unemployment in the socialist system because:
Compared to capitalism, in the socialist economic system the equality of income is:
A possible disadvantage of the socialist economic system is:
In socialism, waste of asset is comparatively less because:
The mixed economy is based on the combination of:
In a mixed economy, the ownership pattern is best described as:
Which of the following sectors usually remain mainly under government control in a mixed economy?
In a mixed economy, agricultural goods, clothes, processed foods and personal vehicles are mainly produced by:
In a mixed economy, the price of goods is mainly fixed by:
Why is monopoly in essential goods restricted in a mixed economy?
The main goal of private enterprise in a mixed economy is:
In emergency or disaster periods, the government in a mixed economy may:
Class inequality is reduced in a mixed economy due to:
Which of the following are characteristics of a mixed economic system?
In a mixed economy, the state-controlled sector primarily aims at:
Why does income disparity sometimes still appear in a mixed economy?
The foundation of the Islamic economic system is:
In the Islamic economic system, the personal ownership of asset is:
Which of the following are prohibited in the Islamic economic system?
The basic principles of economic activities in the Islamic system are determined according to the:
In the Islamic economic system, instead of interest, the system emphasises:
To reduce inequality between the rich and the poor, the Islamic system encourages:
Zakat is:
The least amount of assets that makes Zakat compulsory is called:
The transaction of interest in the Islamic economic system is:
In Islamic banking, deposits and loans are:
In the Islamic economic system, the objective of production is to:
If a sector lacks individual or private initiative in the Islamic economy, then:
In the Islamic economic system, due wages of labourers are:
The economic system mainly prevailing in ancient Bengal, the Muslim and the British rule was:
The feudal economic system was centred around:
The owners of large areas of land in the feudal system were called Zamindars in the:
The Zamindari system was abolished in the:
After the abolition of the Zamindari system, the dominant economic system was:
Bangladesh achieved independence in:
After independence in 1971, Bangladesh initially took initiatives to establish a:
After independence, which of the following sectors were brought under state ownership and control?
After independence, the nationalised industries faced loss mainly because:
Denationalisation of nationalised industries in Bangladesh started during:
At present, the economic system of Bangladesh emphasises:
A remarkable characteristic of the present economic system of Bangladesh is that:
Prices of goods in present-day Bangladesh are mainly determined by:
The major portion of capital required for production inside Bangladesh is collected from:
At present, some sectors of the economy in Bangladesh are managed under:
The sum of rent, wage, interest and profit is called:
In Bangladesh, the owner of capital and the organiser of production are mostly:
In the distribution of income in Bangladesh, the wage of labourers is:
Which feature of capitalism is observed in the workers' wage in Bangladesh?
Wages of labourers are more secure in Bangladesh in:
The lower standard of living of the labourer class in Bangladesh has been:
Which of the following are major causes of unequal distribution of wealth in Bangladesh?
The economy of Bangladesh can be best described as:
Which of the following is a collective resource?
Which of the following groups consists only of personal resources?
The characteristics of a mixed economic system are:
Tanvir of Bakulpur village caught people cutting down trees from the forest and handed them over to the police. His action is which kind of initiative for the conservation of national resources?
By taking such an initiative —