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AP HUG Unit 7 Flashcards | StudBud
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AP HUG Unit 7
AP HUG Unit 7
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1
What is the term for industries that lose weight during the manufacturing process?
Agglomeration economies
Labor-oriented industries
Bulk-reducing industries
Bulk-gaining industries
2
Which economic principle suggests that nations should produce what they can make most efficiently?
Comparative advantage
Absolute advantage
Economic determinism
Market efficiency
3
The concept of "just-in-time delivery" is most associated with:
Colonial Economies
Subsistence Agriculture
Post-Fordism Production
Fordism
4
The Gender Inequality Index (GII) measures:
Workplace discrimination rates
Multiple dimensions of gender-based disadvantage
Economic disparities between nations
Educational differences only
5
The Human Development Index (HDI) does NOT consider:
Standard of living
Life expectancy
Education levels
Military spending
6
The multiplier effect refers to:
Trade deficit increases
Population growth rates
Industrial pollution levels
The spread of economic growth through an economy
7
Microlending primarily targets:
International banks
Small-scale entrepreneurs
Large corporations
Government agencies
8
Maquiladoras are typically found in:
Eastern Europe
Mexico
Southeast Asia
Western Africa
9
. The informal sector of an economy is characterized by:
. High tax revenue generation
Unregulated economic activity
Heavy government regulation
Corporate ownership
10
Technopoles are best described as:
Agricultural processing zones
Mining communities
High-technology industrial parks
Traditional manufacturing centers
11
In Wallerstein's World Systems Theory, the semi-periphery:
Leads global innovation
Contains only poor nations
Is economically independent
Acts as a buffer between core and periphery
12
The Rust Belt refers to:
Areas of high technological development
A region of declining industrial activity
Places where raw materials are processed
Regions of active mining
13
Containerization has revolutionized global trade by:
Slowing shipping times
Limiting trade routes
Increasing labor needs
Reducing transportation costs
14
What type of economic zone is specifically designed to promote exports?
Export Processing Zone
Industrial Park
Free Trade Zone
Special Economic Zone
15
Transnational/Multinational corporations (TNCs) are characterized by:
Government control
Global operations and influence
Operating in single countries
Local ownership only
16
Which economic sector involves the extraction of raw materials from the earth?
Tertiary Sector
Primary Sector
Quaternary Sector
Secondary Sector
17
Which economic measurement includes income earned by citizens working abroad?
Gross National Income (GNI)
Net National Product
Gross Domestic Product (GDP)
National Income
18
Which theory suggests that countries remain poor because of exploitation by wealthy nations?
Rostow's Stages of Growth
Least Cost Theory
Multiplier Effect Theory
Dependency Theory
19
Ecotourism aims to:
Increase industrial development
Develop large resorts
Protect local environments while providing economic benefits
Maximize visitor numbers
20
Sustainable development focuses on:
Industrial growth only
Short-term economic gains
Meeting present needs without compromising future needs
Maximum resource extraction