Industrialization & Development

Question 1

Which institution is most well known for giving some microloans to poor, rural women to start their own business?

Accepted Answer

The Grameen Bank

Question 2

Weber's least cost theory focused on a factory owner's desire to minimize what three costs?

Accepted Answer

labor, transportation, agglomeration

Question 3

Refers to countries which are all rapidly growing economies in the developing world

Accepted Answer

BRICS

Question 4

Term for system of standardized mass production (ex. assembly line)

Accepted Answer

Fordism

Question 5

Location where large shipments are broken up into smaller containers/switch transport modes

Accepted Answer

break-of-bulk point

Question 6

The Industrial Revolution began in

Accepted Answer

northern England and Southern Scotland

Question 7

Refers to economic, political, or military dependencies that exist between LDCs & MDCs

Accepted Answer

neocolonialism

Question 8

The location decision of bulk-reducing industry is most likely to be affected by the

Accepted Answer

proximity to resources

Question 9

Describes the emergence of connections between core, periphery, & semiperiphery countries

Accepted Answer

Wallerstein's World Systems Analysis

Question 10

NAFTA and the EU represent two of the world's largest

Accepted Answer

trading blocs

Question 11

Abandoned and polluted industrial sites are known as

Accepted Answer

brownfields

Question 12

An industry that is located in a wide variety of places without a significant change

Accepted Answer

Footloose Industry

Question 13

Which sector? The research and distribution of information.

Accepted Answer

Quaternary

Question 14

According to Rostow's Model, at this stage, preconditions for take-off occur

Accepted Answer

Stage 2

Question 15

Total value of goods & services produced within a country, usually within a year

Accepted Answer

gross domestic product

Question 16

What often hinders foreign investment in a developing country?

Accepted Answer

lack of infrastructure

Question 17

Which of these countries has the largest % of its workforce engaged in the tertiary sector?

Accepted Answer

Germany

Question 18

The US textile industry has moved from the NE to the SE, and then Appalachia in order to

Accepted Answer

seeking low-cost labor

Question 19

Which did Weber say was most important?

Accepted Answer

transportation

Question 20

A clustering of hotels and restaurants near airports is BEST explained by the benefits of

Accepted Answer

agglomeration

Question 21

According to Rostow's theory, one consequence of the drive to technological maturity is a(n)

Accepted Answer

slowing in the rate of population growth

Question 22

An industry which locates within a region but sells outside the region is known as a

Accepted Answer

basic industry

Question 23

In contrast to LDCs, MDCs have

Accepted Answer

higher worker productivity

Question 24

Which of the following sectors of the economy grows the fastest as a country industrializes?

Accepted Answer

Secondary

Question 25

Early steel industries needed to have local availability of large amounts of

Accepted Answer

coal

Question 26

Which of the following is negatively correlated with GDP Per Capita?

Accepted Answer

infant mortality

Question 27

The process by which companies move jobs to other regions for cheaper labor is called

Accepted Answer

offshoring

Question 28

The establishment of maquiladoras is an example of the new international division of labor btwn

Accepted Answer

US & Mexico

Question 29

A composite statistic of life expectancy, education, and wealth used to rank countries

Accepted Answer

HDI

Question 30

Term for investment made by a foreign country/MNC in the economy of another country

Accepted Answer

Foreign Direct Investment

Question 31

If an industry is _, the processing plant should be near the market.

Accepted Answer

bulk gaining

Industrialization & Development

Questions 31

Industrialization & Development

Questions 31