TRUE or FALSE 1. For urbanization to be economically sound, there must be efficient urban scaling. 2. Urbanization generally rules out the use of labor- intensive technology. 3. In every place, rural or urban, there are formal and informal sectors. 4. Philippine history reflects that Quezon City enjoyed the first city bias so does Baguio City. 5. Urban bias does not affect all the milieus of a nation's life. 6. Urban giantism is a natural phenomenon that cannot be prevented or controlled. 7. When quality of education is not a direct impact of urbanization, then good quality education outside urban centers plays a crucial role in rural development. 8. Higher increases of wages in urban centers assures increase in the labors' efficiency in these urban centers. 9. Human resource planning is required to reduce job mismatch, underemployment, unemployment and all other economic problems. | 10. Decentralization of development requires policy changes, devolution of government functions and redistribution of revenue.

TRUE or FALSE 1. For urbanization to be economically sound, there must be efficient urban scaling. 2. Urbanization generally rules out the use of labor- intensive technology. 3. In every place, rural or urban, there are formal and informal sectors. 4. Philippine history reflects that Quezon City enjoyed the first city bias so does Baguio City. 5. Urban bias does not affect all the milieus of a nation's life. 6. Urban giantism is a natural phenomenon that cannot be prevented or controlled. 7. When quality of education is not a direct impact of urbanization, then good quality education outside urban centers plays a crucial role in rural development. 8. Higher increases of wages in urban centers assures increase in the labors' efficiency in these urban centers. 9. Human resource planning is required to reduce job mismatch, underemployment, unemployment and all other economic problems. | 10. Decentralization of development requires policy changes, devolution of government functions and redistribution of revenue.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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