Global Economic Development Practice Test

In the 1960s–1990s, the “Green Revolution” introduced high-yield crop varieties, chemical fertilizers, pesticides, and irrigation to parts of Asia and Latin America. Food production rose, but small farmers sometimes struggled with costs and unequal access to water and credit. Which outcome best reflects how this affected global economic development?

From 1870 to 1914, many industrial states adopted the gold standard, fixing currencies to gold and facilitating predictable exchange rates. This stability encouraged cross-border investment and trade, but it also constrained governments’ ability to expand money supplies during downturns. Which conclusion about global economic development is best supported by this evidence?