Welcome to your Grade 12 Economics chapter 7
After carefully reading the following 30 questions, choose the correct answer.
1.
Which period in Ethiopian history was characterized by the implementation of three successive Five-Year National Development Plans?
2.
What was the primary focus of the Third Five-Year Development Plan (1968–1973) in Ethiopia?
3.
Which development challenge involves the inability to balance domestic savings with investment requirements?
4.
Which of the following is considered a major strategic pillar of the ten-year (2021-2030) development plan?
5.
What is identified as an advantage of a decentralized system in governance?
6.
Which macroeconomic reform objective aims to make Ethiopia an "African Beacon of Prosperity"?
7.
Which factor is listed as a potential disadvantage of fiscal decentralization?
8.
During the Socialist Period (1974-1991), what was the status of rural land and productive assets?
9.
Which overarching objective was NOT part of the first Growth and Transformation Plan (GTP I)?
10.
In a decentralized system, what provides incentives for public managers to produce efficiently?
11.
What was the main reason the Third Five-Year Plan shifted its focus to agriculture?
12.
Which of these is a key strategic pillar of the 2021-2030 development plan regarding social equity?
13.
What does "experimentation and innovation" in a decentralized system refer to?
14.
Which period in Ethiopian planning was characterized by "Macroeconomic Reforms" and "Home-grown" strategies?
15.
What happens when public managers in a decentralized system fail to attract productive citizens?
16.
The Ten-Year Development Plan (2021-2030) aims to ensure structural economic transformation. Which is a component of this?
17.
Which of the following describes the first Five-Year National Development Plan (1957-61)?
18.
What is a stated goal of sustainable development financing in the 2021-2030 plan?
19.
In the context of Ethiopian reforms, what does the term "inclusive institutions" refer to?
20.
Which of the following was a major development challenge for Ethiopia in recent years?
21.
One of the pillars of the 2021-2030 plan is "Quality Economic Growth". What does this imply?
22.
What is the historical period defined as 1974-1991 in Ethiopian economic planning?
23.
Fiscal decentralization is believed to make local government more responsive because:
24.
Which strategic pillar of the Ten-Year plan addresses the financial aspect of development?
25.
What happened to the Ethiopian economy in 2018-2020 regarding reforms?
26.
Which goal is NOT part of the Ten-Year Development Plan (2021-2030)?
27.
In the Imperial period, how many Five-Year plans were there?
28.
A "home-grown" reform implies that the strategy is:
29.
The Savings-Investment gap in Ethiopia refers to:
30.
Which period ended in 1974 with the change to a Socialist system?
