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- 1. Multiple Choice1. Situation costs are critical to a firm that wishes toavoid skilled laborers.minimize production costs inside the plant.minimize transport costs.identify unique characteristics of a particular industry.
- 2. Multiple ChoiceProducers of automobiles select assembly plant locations primarily for their closer access togovernment subsidies.raw materialswater transportation.labor markets.
- 3. Multiple Choice
Soda bottling is an example of a
perishable industry.
labor intensive industry.
bulk-gaining industry.
communications-oriented industry.
- 4. Multiple ChoiceThe Chicago area became a significant asset for the Western Great Lakes region owing to its steel industries and itslarge market area.
access to the nation's transportation network.greater distance from raw materials essential for the steel industry.skilled labor force. - 5. Multiple ChoiceA company which uses more than one mode of transport will often locate near what?FactoryConsumer ProductsRaw materialsBreak-of-bulk Point
- 6. Multiple ChoiceWhy are the factories in Mexico close to the border?Where the best resources areThe geography is best thereEasy to ship in and out
- 7. Multiple ChoiceWhat are the factories in Mexico called?MariachiMaquiladorasCommercial FactoriesNo factories in Mexico
- 8. Multiple ChoiceAccording to Alfred Weber, which one of the following costs of production is the most important factor in locating a new industry?LaborTransportationRaw MaterialsAgglomeration Costs
- 9. Multiple ChoiceTargets generally have Best Buys, Sally Beauty Salons, Famous Footwear, JC Penny, & Petsmarts near them. This is known as what?Maquiladora IndustiresJust-in-time planningAgglomerationsOutsourcing
- 10. Multiple ChoiceAT&T having their call centers stationed in India and China is known as what industry practice?AgglomerationsOutsourcingNAFTASpecial Economic Zones
- 11. Multiple ChoiceIf a product is heavier when it arrives at the factory than when it leaves (trees--> paper, potatoes-->chips) then the factory will be ____________ to the marketcloserfarther
- 12. Multiple ChoiceA Doctor or Lawyer would be in which economic sector?PrimarySecondaryTertiaryQinary
- 13. Multiple ChoiceAnother word for progress. . . This describes the wealth and well being of a country as it grows and prospers.Dependency RatioPrimary SectorGNIDevelopment
- 14. Multiple ChoiceShows the influence of women in a society by measuring women's income, participation in labor force, and political influence.Human Development IndexGNPGender Empowerment IndexGDP
- 15. Multiple ChoiceThe set of goals that were made by the UN in 2000 and were revisited in recent years to evaluate progress on development of LDC's in the world.HDIMillennium Development GoalsInformal EconomyUNHCR
- 16. Multiple ChoiceThe term used for a country with high birth rates, high death rates, little economic growth, and a high population in the primary sector.MDCLDCHDIGNP
- 17. Multiple ChoiceMining and farming are part of which economic sector?PrimarySecondaryTertiaryQuaternary
- 18. Multiple ChoiceWhat job sector is teaching in?PrimarySecondaryTertiaryNone
- 19. Multiple ChoiceWhat makes up the human development index?life expectancyper capita incomeeducation level and literacy rateall of the above
- 20. Multiple ChoiceWhat is life expectancy?the oldest a person is expected to live in a countrythe average number of years a person in a country is expected to live
- 21. Multiple ChoiceWhat factors affect life expectancy?level of povertydiet and nutritionnumber of doctorsall of the above
- 22. Multiple ChoiceNewly industrialized countries (NICs) like Brazil and Mexico are considered part of theCorePeripherySemi-PeripheryExternal
- 23. Multiple ChoiceWhose development model consists of a 5 stage process that countries go through as they develop economically?LoschRostowWallersteinWeber
- 24. Multiple ChoiceWhich movement has aims to improve economic prospects for producers and laborers in LDCs?fair trademaquiladora movementsustainability initiativeWorld Trade Organization
- 25. Multiple ChoiceCountries in _____ and _____ would likely have the highest rates of gender equality.North America: Western EuropeSouth America: Western EuropeNorth America: South AmericaEast Asia: South America
- 26. Multiple Choice
Sub-Saharan Africa has all of the following problems, EXCEPTCorrupt and/or inefficient governmentsLow levels of female empowermentA lack of mineral resourcesA relatively uneducated populace - 27. Multiple ChoiceMexico, China, Russia, India, Brazil, and South Africa are allperipheral countriesMDCscore countriessemi-peripheral countries
- 28. Multiple ChoiceWhere are most core countries located?Western HemisphereEastern HemisphereNorthern HemisphereSouthern Hemisphere
- 29. Multiple ChoiceFarming, mining, fishing, and forestry are all considered to bePrimary Economic ActivitiesSecondary Economic ActivitiesTertiary Economic ActivitiesQuaternary Economic Activities
- 30. Multiple ChoiceWhich country in the world uses the most fossil fuels per capita?ChinaAustraliaUnited StatesIndia
- 31. Multiple ChoiceWhich of the following is NOT a major source of electricity in the United States?petroleumnatural gascoalnuclear power
- 32. Multiple ChoiceThe increase in time and cost with distance is referred to asproduction costsfriction of distancedistribution costsfrustration
- 33. Multiple ChoiceThe United States has petroleum productionsufficient to meet its needs without futher importsat significant levels but must still import oil from other countriesinferior to nearly every other countryat levels greater than any other country.
- 34. Multiple ChoiceNorilsk Nickel was a leading mining company in Russia in 2015. This is a form of _________.Primary SectorSecondary SectorTertiary SectorQuaternary Second
- 35. Multiple ChoiceTheory developed by economist Harold Hotelling that suggests competitors, in trying to maximize sales, will seek to constrain each others territory which will therefore lead them to locate adjacent to one another in the middle of their customer base.vertical integrationlocational interdependencelocal exchange trading systemhoizontal integration
- 36. Multiple ChoiceWhat is the best title for this chart?Export-Oriented IndustrializationImport-Oriented IndustrializationProduct Life CycleIndustrial Innovation
- 37. Multiple ChoiceThis pros/cons list describes which economic alliance?NAFTANATOEUASEAN
- 38. Multiple ChoiceThe process by which a national economy shifts away from manufacturing to production dominated by the service industry is calleddeindustrializationquaternary economyRust Beltdivision of labor
- 39. Multiple ChoiceAll of the following are considered site factors EXCEPTland costslabor costscapital/start-up coststransportation costs
- 40. Multiple ChoiceWhat is the BEST title for this image?Site FactorsSituation Factors
- 41. Multiple ChoiceAs a result of NAFTA, hundreds of thousands of Mexicans work in the ____ just south of the U.S. border, transforming raw materials into finished goods.maquiladora districttrade districtcolonia districtindustrialized district
- 42. Multiple ChoiceSkilled work forces have higher rates ofliteracy and educationprimary and secondary workersavailability to resourcesentry level/basic training jobs
- 43. Multiple ChoiceAccording to Weber's Least Cost Theory, the location of bulk-gaining soda bottling plant should be located closer to _____ to maximize profits.Market / city centerRaw Ingredients of sugar and cornCorn fieldsSuburbs
- 44. Multiple ChoiceThe production of potato chips is a ________ industry, since potatoes and salt are heavier in their raw state than the finished bag of potato chips.bulk-reducingbulk-gainingWeight-neutralsalty
- 45. Multiple ChoiceCompanies that operate factories in countries other than the one in which they are headquartered are called ___transnational companiesglobal companiestrading bloc companiesEU companies
- 46. Multiple ChoiceWhich is not a viable outlook for a sustainable future?plan to prevent or mitigate environmental damageuse technological advances to reduce wastehold companies responsible for public health or environmental crisesGive up- if we want the benefits of industry, we have to live with the environmental damage.
- 47. Multiple ChoiceDuring the Industrial Revolution, the textile industry benefited from both _______ powered machines.steamcoalnuclearpetroleum
- 48. Multiple ChoiceWhich natural resource was most important to the Industrial Revolution?CoalNatural GasWaterArable Soil
- 49. Multiple ChoiceIn comparison to primary industry, secondary industry is less dependent on resource location.TrueFalse
- 50. Multiple ChoiceWhich of the following strategies have the Four Tigers used most successfully?Import oriented industrializationDeglomerationSubstitution principleExport oriented industrialization
- 51. Multiple ChoiceA clustering of hotels and restaurants near airports is best explained by the benefits ofeconomic developmentagglomerationvalue added productivitydeindustrialization
- 52. Multiple ChoiceBoth Weber's least cost theory and von Thunen's agricultural model are examples ofvariable revenue analysissubstitution theorylocation theorymodernization theory
- 53. Multiple ChoiceWhich is an example of a footloose activity?real estate officea steel milluniversityaluminum smelter
- 54. Multiple ChoiceWhich country has NOT been significantly impacted by the modern trend towards deindustrialization?United StatesBritainJapanSouth Korea
- 55. Multiple ChoiceOne impact of the industrial Revolution on Britain during the 19th century was tostimulate the growth of seaports in the northpromote migration of people from cities to the suburbsstimulate the growth of cities at railroad hubsshift economic power from the north to the south
- 56. Multiple ChoiceThe governments of many countries in the global periphery and semi periphery have set up special manufacturing export zones which offer favorable tax, regulatory, and trade agreements to foreign firms is called...MaquiladorasExport Processing Zones (EPZs)Special economic zonesNAFTA
- 57. Multiple ChoiceThese specific zones in Mexico are mainly sited directly across the border from the United States because these zones attract a mix of manufacturing operations, depending on skill levels of the labor force and available infrastructure is called....MaquiladorasNAFTADollarizationSecondary Sector
- 58. Multiple ChoiceThe transition from cottage industries to the Industrial Revolution and wanting to generate a greater profit by producing larger quantities of the goods in high demand, which in turn decreased the average cost of producing the good is called....Economies of ScaleIndustrial RevolutionDollarizationSpillover Effect
- 59. Multiple ChoiceA set of processes that are increasing interactions, deepening relationships, and heightening interdependence without regard to country borders is called...GlobalizationBig Mac IndexDollarizationTransitional economies
- 60. Multiple ChoiceThe process of incorporating every aspect of production for example raw materials, to assembly, distribution, and marketing is called...Vertical IntegrationHorizontal integrationleast cost theorylocation theory
- 61. Multiple ChoiceThe increase in time and cost that usually comes with increased distance over which commodities must travel is called....Friction of distanceLocation theoryAgglomerationLeast Cost Theory
- 62. Multiple ChoiceThe impact of a function or an activity will decline as one moves away from its point of origin and suggests that manufacturing plants should be more concerned with serving the markets nearby places than more distant places is called...Distance DecayAgglomerationLeast Cost TheoryLocation Theory
- 63. Multiple ChoiceFocused on factory owner's desire to minimize three categories of costs such as, transportation, labor, and agglomeration is called...Least Cost TheoryLocation TheoryDistance DecayVertical Integration
- 64. Multiple ChoiceGlobalized production in which a defined segment of the commodity chain is contracted abroad is called...OutsourcingTime-space compressionSpatial FixDistance Decay
- 65. Multiple ChoiceA process by which companies move industrial jobs to other regions is called....DeindustrializationIntermodal ConnectionsGlobal sourcingCommodity chain
- 66. Multiple ChoiceWhich of the following might best characterize the Maquiladora districts in MexicoSpecial Economic Zones (SEZ)Export Processing Zones (EPZ)Islands of DevelopmentTrade Districts
- 67. Multiple ChoiceAn area where labor laws and environmental laws are relaxed and taxes are loweredSpecial Economic Zone (SEZ)Export Processing Zone (EPZ)Free Trade Zone (FTZ)Island of Development
- 68. Multiple ChoiceDeglomeration occurs when a locationExperiences a natural disasterIs saturated with businesses offering similiar servicesSees an increase in large firms moving inexperiences a rapid lose in manufacturing activity
- 69. Multiple Choice
To attract foreign trade, a country will set up:
export processing zones (EPZs)
factories
higher tariffs
stricter laws
- 70. Multiple Choice
In the zone of profibility income is ___ and cost is ____.
core, periphery
periphery, core
high, low
low, high
- Answer choicesTagsAnswer choicesTags