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Unit 5: Industry & Development Review Flashcards | StudBud
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Unit 5: Industry & Development Review
Unit 5: Industry & Development Review
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Answers
1
Which of the following is NOT one of the three areas of consideration in regards to the Least-Cost Model?
Transportation
Labor Costs
Production costs
Agglomeration
2
Bulk-reducing industries locate their factories
Close to the market
Close to where my employees live
Close to the airport/shipping ports
Close to where I extract the natural(raw) resources
3
According to Wallerstein, countries can be classified by all of the following, except?
Periphery
Core
Semi - Periphery
Quaternary
4
When an industry leaves a city, abandoned warhouses and fields can be known as...
factories on hold
urban Brownfields
Urban lottery
Rural areas
5
The GII measures what?
Gender income
Gender empowerment
Gender agglomeration
Gender inequality
6
A country in the "Drive to Maturity" stage would have the most workers in what economic sector?
Tertiary
Secondary
Quinary
Primary
7
Which of the following best describes the disaggregation or dismantling of production
All manufacturing is done at one plant in Detroit
Creating a Free trade zone in my region
Setting up a Maquiladora in Mexico and a refinery in China
Closing factories in other cities and moving employees to one city
8
All of the following are effects of globalization, except?
Most countries develop isolationist policies
Supranational governments evolve to help control global trade
More access to resources
Manufacturing jobs leave for low-cost locations
9
Germany buys iphones from China rather than Vietnam because they produce them more cheaply, this is an example of
Exploitation
Commodity theory
least cost theory
Comparative advantage
10
When a company uses more than one method of transportation they often locate near:
Markets
Hydroelectric power
Break-of-bulk points
Raw Materials
11
Agriculture and extraction of Natural resources are associated with which economic sector?
Quinary
Tertiery
Primary
Secondary
12
Rostows model is concerned with a countries what...
economic decline
economic development
colonialism
Supranationalism
13
Multiple factories located in the same city so they can benefit from the railway lines, is an example of...
Economic Spatial preference
Agglomeration
Mutual Economic partnership
Peripheral location management
14
Services, consumerism and insurance are associated with which economic sector?
Secondary
Quinary
Primary
Tertiary
15
England can be considered the home of what...?
Steamboat
Industrial Revolution
Modern Economics
Post-Fordism
16
Where is the largest concentration of LDC's?
Middle East
Asia
Africa
Latin America
17
China has leased a large portion of Sudan to set up commercial farming and make a profit. This is known as
Neocolonization
Imperialism
International division of labor
Free Trade partnership
18
Which of the following economic activities is improperly categorized with its sector?
secondary-manufacturing
Tertiart-service
primary - farming
Quaternary-fishing
19
An example of a "technopole" is the:
Death Valley
Bible Belt
Silicon Valley
Gold Coast
20
Production that relies on innovation, outsourcing and automation instead of mass production is known as
Fordism
specialization
Post-Fordism
formal sectors
21
The two most important resources for 19th & 20th Century industrialization were...
Natural Gas and Rubber
Iron Ore and Coal
Oil and Natural Gas
Limestone and Wood
22
When a U.S. company establishes branches of its company in different parts of the world, it is called...
Exploitation
International Division of Labor
Colonialism
Maquiladoras
23
Export/processing centers located on U.S./Mexican border that take advantage of low cost labor are...
Development Zones
Special Economic Zones
Ecotourism Centers
Maquiladoras
24
My company can produce products at a cheaper price and more efficiently for a few different reasons. This is know as
Just in time delievery
Comparative advantage
Economies of Scale
Supply and Demand
25
An area in a foreign country that offers a lower tax rate and other business/trade incentives is known as a
International monetary position
break-of-bulk point
free trade zone
Special Economic Zone
26
GDP + what revenue a company makes by selling to other countries is known as
GNI
GNP
RNI
GDP+
27
Horizontal integration can best be described as...
When a company moves to another market in a new location.
Taking over a company at a lower level of production
When a company does not make a profit, therefore stays at the same level
When a company takes over another company that operates at the same level.
28
What is a synonym of contemporary Manufacturing?
International division of Labor
Assembly lines
Consolidation
Free trade
29
If a company merges with another company in the supply or production process, this is known as
Vertical Integration
Agglomeration
Horizontal integration
A Monopoly
30
What are the three measures of a countries HDI
Life expectancy, Literacy Rate and GNI
GNI, GDP and Literacy Rate
Life Expectancy, Production Quotas, GNI
Literacy Rate, Cost of living and GDP
31
If a
industry
can be in any location without effect from factors such as resources or transport. It is known as a
Footloose company
Bulk-gaining industry
Bulk-reducing industry
Agglomeration
32
The product I sell is heaviest at the end, right before it goes to market, where would my factory be?
Close to where my employees live
Close to where I extract my Natural Resources
Close to the market
Close to an airport/Shipping port
33
A major characteristic of a tertiary economy is a (an)
Increase in manufacturing jobs
decrease in service jobs
increased deindustrialization
decrease in outsourcing
34
According to the Dependency Theory...
Core countries help periphery countries develop
Periphery Countries are self-sustainable
Core Countries exploit periphery countries
Periphery countries exploit Core countries
35
GINI Coefficient measures....
How religion influences the economy
Climate influences on the market
Income distribution and growth
Gender inequality
36
Manufacturing is associated with which type of economic sector?
Quaternary
Secondary
Tertiary
Primary
37
Which of the following is NOT a reason a company would relocate its labor to an SEZ?
Agglomeration with other industries in the SEZ's
Cheap labor
Easy access to ports for trade
Creating fair trade relationships with semi-peripheral countries