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
icon
Related questions
Question

Write if the statement is TRUE or FALSE

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.
Transcribed Image Text: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.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Arrow's Impossibility Theorem
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education