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Economic Geography
Economic Geography
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1
The production of goods and services is determined by a central government:
Traditional Economy
Command Economy
Market Economy
2
The three major categories of resources are:
Capital, Machines, and Buildings
Natural, Renewable, and Non-renewable
Human, Capital, and Natural
Human, Capital, and Renewable
3
What is a disadvantage of solar and wind power?
they are not aesthetically pleasing
they are only available to developing countries
they are not renewable
they are too expensive
4
Production of goods and services is determined by demand from consumers.
Market Economy
Command Economy
5
This picture is an example of a
Tertiary Economic Activity
Secondary Economic Activity
Primary Economic Activity
6
All of the following are disadvantages of economic unions EXCEPT:
difficulty solving transportation issues
agribusiness replacing family farms
difficulty agreeing on economic policy
concentration of industries
7
All the following are advantages of forming economic unions EXCEPT:
access to resources
more efficient industries
value of money increases
access to larger markets
8
Countries with little land area will always be poor b/c they don't have many natural resources
False
True
9
These are all NON-renewable resources EXCEPT:
gold
fish
oil
iron
10
Developing countries have high infant mortality rates, high birth rates, and low education
False
True
11
Resources are equally distributed throughout the world.
False
True
12
Materials on or in the earth that have economic VALUE.
per capita income
infrastructure
GDP
natural resources
13
All of the following jobs are examples of tertiary economic activities EXCEPT:
Retail
Oil refinery worker
Sales
Lawyer
14
The basic facilities needed for a country and its economy to operate (ex: roads) is known as:
commodity
command force
infrastructure
population workforce
15
A bartering economy is also known as a ______________ economy.
commerce
traditional
mixed
secondary
16
When a log is cut into boards at a sawmill it is an example of:
a primary economic activity
a secondary economic activity
a tertiary economic activity
17
All of the following are renewable resources except:
plants
minerals
soil
water
18
Which one of these countries is highly industrialized despite a lack of natural resources?
Japan
Guatemala
Russia
China
19
The production and exchange of goods and services among a group of people.
central business district
urbanization
economy
cultural hearth
20
A planned economy is also known as a ____________ economy
mixed
demand
free
command
21
Which one of the following countries is NOT a developed country?
Japan
Mexico
Norway
Germany
22
When a country can produce a product faster and cheaper than another country, this is known as:
market economy
inexhaustible energy resources
Quaternary activities
comparative advantage
23
Improvements in transportation and communication have promoted:
civil wars
hunger and poverty
globalization
communism
24
All of the following are considered costs of using resources EXCEPT:
environmental degredation
resource depletion
health problems
development of technologies
25
All of the following are renewable energy sources except:
coal
wind
water
the sun
26
Which countries belong to the economic union NAFTA?
U.S.
Mexico
Guatemala
Canada
27
Money, buildings, machines, and tools are all considered what type of resource?
capital
natural
human
28
Resources that are the result of solar or planetary processes and are unlimited (ex: sunlight)
quarternary economic activities
Inexhaustible energy sources
Gross Domestic Product
non-renewable energy sources
29
The total value of all goods and services produced within a country in a given period of time:
GDP
Currency Report
Gross Domestic Product
Consumer Price Index
30
Basic support systems
needed
to keep a country going (power, transportation, communication)
GNP
infrastructure
GDP
renewable resources
31
What term refers to a nation that is completely surrounded by other countries and has no ports?
landlocked
command economy
infrastructure
GNP
32
What type of economic activity do developing countries rely on?
Primary and Tertiary
Tertiary
Primary and Secondary
Secondary and Tertiary
33
As developing countries become more advanced, the # of people working in agriculture decreases.
True
False
34
Which one of the following statements is NOT TRUE about developing countries?
developing countries have high infant mortality rates
most developing countries are highly industrialized
developing countries have poor infrastructures
many developing countries have single commodity economies
35
Natural gas, petroleum, and coal are all considered fossil fuels.
True
False
36
This picture is an example of:
Secondary Economic Activity
Primary Economic Activity
Tertiary Economic Activity
37
Is the economic activity shown below primary, secondary, or tertiary?
Tertiary
Secondary
Primary