Explore topic-wise MCQs in Economics.

This section includes 1267 Mcqs, each offering curated multiple-choice questions to sharpen your Economics knowledge and support exam preparation. Choose a topic below to get started.

1.

Which of the following would fit Charles Horton Cooley’s classification of a primary group ?

A. Redheads
B. Tourists visiting a resort
C. A married couple
D. A sales clerk and a customer
Answer» B. Tourists visiting a resort
2.

Which perspective assumes that actors other than states are also important and s whether states are unitary actors ?

A. Realism
B. Globalism
C. Pluralism
D. Idealism
Answer» D. Idealism
3.

Which perspective assumes that the state speaks with one voice and has one policy ?

A. realism
B. pluralism
C. globalism
D. all of the above
Answer» C. globalism
4.

Which perspective looks at the world-wide context and emphasizes economic factors ?

A. Realism
B. Neo-realism
C. Globalism
D. Pluralism
Answer» D. Pluralism
5.

Which religion includes a hierarchy of gods?

A. Christianity
B. Shintoism
C. Zoroastrianism
D. Hinduism
Answer» E.
6.

Which resources are scarce in every society ?

A. Fertile land
B. Wheat and com
C. Food shelter and protective coverings
D. Sufficient males to mate with all the females
Answer» D. Sufficient males to mate with all the females
7.

Which society lacks social classes totally ?

A. The Soviet Union
B. China
C. The United States
D. none of the above
Answer» E.
8.

Which statement appears to be most correct__________________?

A. gender roles have been reversed
B. in a marriage spousal role are egalitarian
C. housekeeping and childcare are still considered women’s work
D. sex roles are blurred
Answer» D. sex roles are blurred
9.

Which statement is an example of stereotyping ?

A. Judge each individual on his own merits
B. All blacks are good basketball players
C. There are good and bad among all ethnic or racial groups
D. Talent is not the exclusive property of any ethnic group
Answer» C. There are good and bad among all ethnic or racial groups
10.

Which statement is false regarding prejudice ?

A. It may be culture-conditioned or character -conditioned
B. It may reflect the norms of the community
C. Its source may be the personality of a specific person
D. it is almost never found in persons with an authoritarian personality type
Answer» E.
11.

Which statement is FALSE ?

A. In simple societies social differences among individuals are nonexistent
B. Slavery serfdom and caste are all instances of inequalities that are social in nature
C. People rank themselves according to wealth prestige and power
D. Stratification occurs in every society that has produced a surplus
Answer» B. Slavery serfdom and caste are all instances of inequalities that are social in nature
12.

Which statement is wrong regarding diplomacy? It_____________?

A. is a recent addition to international relations?
B. has a long history predating the creation of the nation state?
C. and diplomats have been quite radically altered in recent years
D. has little to do with the failure to solve basic problems among nations
Answer» B. has a long history predating the creation of the nation state?
13.

Which statements is FALSE ?

A. Blacks still lag behind whites in life chances particularly in the economic sector
B. The black underclass finds itself in the situation of being a minority within a minority
C. Relations between blacks and whites are 100 percent improved
D. The civil rights movement has raised black consciousness and helped decrease self hatred
Answer» D. The civil rights movement has raised black consciousness and helped decrease self hatred
14.

Which status is in transition and difficult to classify in corporate relationships ?

A. Foreman
B. Union official
C. Stock holder
D. CEO
Answer» B. Union official
15.

Which subject is NOT studied by demography ?

A. Birthrates death rates sex rates
B. Age groups marriage incidence divorce frequency
C. Human mobility
D. Rock forming land shaping soil forming
Answer» E.
16.

Which two factors have engendered problems that threaten the environment ?

A. overpopulation and urban life
B. agriculture and horticulture
C. fishing and mining
D. low population growth and low density
Answer» B. agriculture and horticulture
17.

Which women are most likely to report feeling unhappy after their divorce ?

A. elderly women
B. childless middle-aged women
C. young mothers
D. none of the above
Answer» D. none of the above
18.

Who really owns the corporation? the_________________?

A. Government
B. stockholders
C. banks
D. founders
Answer» C. banks
19.

Why is the private ownership of property deemed beneficial ?

A. It is the American way
B. Greed makes the world go around
C. keeping up with the Joneses leads to success
D. None of the above
Answer» E.
20.

With the shift from family capitalism to industrial capitalism the important unit became the_______________?

A. corporation
B. government
C. commune
D. union
Answer» B. government
21.

Without stabilized prices_______________?

A. product market demand is problematic
B. resource market demand is problematic
C. the distribution of income becomes more inequitable
D. all of the above
Answer» E.
22.

Women after divorce_______________?

A. need not do any of the menial housework
B. have a more difficult psychological adjustment than men
C. experience a 45 percent drop in income
D. all of the above
Answer» D. all of the above
23.

Women are a minority group insofar as_______________?

A. they are treated unequally and are aware of their minority status
B. they are residentially segregated
C. they control few resources
D. all of the above
Answer» B. they are residentially segregated
24.

Women first assumed subordinate roles when they_________________?

A. stayed home when men hunted
B. ceased to gather the majority of the food supply
C. assumed primary child-care responsibilities
D. left home to gather food
Answer» C. assumed primary child-care responsibilities
25.

Women’s rate of diagnosed depression is__________________?

A. twice as high as men’s
B. half that of men
C. the same as men’s
D. similar in duration to that of men
Answer» B. half that of men
26.

World overpopulation could be prevented by_________________?

A. zero population growth worldwide
B. the elimination of the demographic transition
C. natural change
D. a return to preindustrial medicine
Answer» B. the elimination of the demographic transition
27.

Young couples who have children very soon after marriage_______________?

A. are quite content with their lot
B. spend very little time together
C. experience constant elation
D. all of the above
Answer» C. experience constant elation
28.

Zero population growth_________________?

A. means that no more children are born
B. indicates that the fertility rate has dropped below the replacement level
C. must be achieved by all nations by the year 2005
D. is actively pursued by many of the underdeveloped nations
Answer» E.
29.

Zero population growth______________?

A. means that the number of births equals the number of deaths in country in any given year
B. signifies that the deaths exceed the births
C. is the term used when there are no births in any given year in a specific county
D. means that population stop growing because of an epidemic such as the Black Death or AIDS
Answer» B. signifies that the deaths exceed the births
30.

Which of the following refers to Piaget,s developmental theory ?

A. Personality development acts independently of physical development
B. Personality development proceeds in stages related to sensorimotor maturation
C. Behavior is the product of genetic predispositions
D. The most important influence on personality development is social class
Answer» C. Behavior is the product of genetic predispositions
31.

Which of the following programs are particularly dependent upon state resources ?

A. Corporate growth
B. The Social Security system
C. Public education
D. Public housing
Answer» D. Public housing
32.

Which of the following processes includes isolation of the minority population ?

A. acculturation
B. accommodation
C. segregation
D. assimilation
Answer» D. assimilation
33.

Which of the following nations can be trusted NOT to explode atomic bombs on the surface of the earth ?

A. China
B. France
C. Russia
D. none of these
Answer» E.
34.

Which of the following is NOT within the secondary economic sector ?

A. Home construction
B. Oil drilling
C. Salmon canning
D. All of these
Answer» C. Salmon canning
35.

Which of the following is NOT true of primary relations ?

A. they cannot exist in secondary groups
B. they are always harmonious
C. the family is the only source of primary relation
D. all of the above
Answer» E.
36.

Which of the following is NOT true of minority groups ?

A. They are recognizable by their visible ascribed traits or cultural customs
B. They are subject to differential treatment
C. They are not aware of their minority status
D. They are aware of a common group identity
Answer» D. They are aware of a common group identity
37.

Which of the following is NOT an interest group ?

A. The National Rifle Association
B. The American Association of Retired people
C. Lobbyists of America
D. The Southern Christian Leadership Conference
Answer» D. The Southern Christian Leadership Conference
38.

Which of the following is NOT an example of a subject investigated by social scientists ?

A. The functioning of supply and demand
B. Case study of an urban gay community
C. The interaction of various drugs in humans
D. The course of population growth and decline
Answer» D. The course of population growth and decline
39.

Which of the following is NOT a predominant goal of American society ?

A. a desirable mix of windfall profits
B. a leisure-based society
C. spectacular growth
D. none of the above are dominant goals
Answer» E.
40.

Which of the following is NOT a characteristic of an upwardly mobile individual ?

A. Urban resident
B. More educated than parents
C. Comes from a large family of several brothers and sisters
D. Marries later and limits family to no more than two children
Answer» D. Marries later and limits family to no more than two children
41.

Which of the following is likely to be an involuntary group? The____________?

A. Boston Bruins
B. Ku Klux Klan
C. campaign staff working for presidential candidate
D. the Smith family
Answer» E.
42.

Which of the following is identified with the elitist view _____________?

A. C.Wright Mills
B. Karl Marx
C. Paul Samuelson
D. BOTH Mills and Marx
Answer» E.
43.

Which of the following is FALSE? Scientific observation ?

A. must proceed systematically
B. must occur under controlled conditions
C. yields valid date with classification organization or recording
D. is open to anyone who wants to pursue it
Answer» E.
44.

Which of the following is an unintended function of education ?

A. Reinforcement of society’s stratification system
B. Understanding mathematical concepts
C. Reinforcement of grammatical forms in language
D. Formation of youth leadership groups
Answer» B. Understanding mathematical concepts
45.

Which of the following is an injection into the economy ?

A. Investment
B. Savings
C. Taxation
D. Imports spending
Answer» D. Imports spending
46.

Which of the following is an index crime ?

A. being in a football pool
B. speeding
C. robbery
D. all of the above
Answer» D. all of the above
47.

Which of the following is an example of material culture ?

A. A football games
B. The football itself
C. The NFL rules
D. “competition is good for you”
Answer» C. The NFL rules
48.

Which of the following is an example of a sociological theory of deviant behavior ?

A. Freud,s theory that anatomy is destiny
B. Mead,s theory of inherited criminality
C. Cooley,s theory of original sin
D. None of the above
Answer» E.
49.

Which of the following is an example of a culture trait ?

A. the family
B. marriage
C. wedding rings
D. BOTH rings and exchanging wedding vows
Answer» E.
50.

Which of the following is an example of a culture complex ?

A. a football
B. goal posts
C. team uniforms
D. playing football
Answer» E.