AP HG U7 Vocabulary 2020-2021

Which of the following is the best example of Outsourcing? 

• An El Salvadorian immigrant illegally immigrates to the USA to find work
• An American Tech Company fires it's American Employees and hires people in Bangladesh to do the same job for 1/4 the cost 
• A European worker moves to the USA and gets a high paying job at a tech company. 
• An American company decides to change it's steel contracts from Japanese companies to Chinese companies 

What allowed for the creation of Maquiladoras?

• NAFTA
• NATO
• ANSEAN
• HDI

Which country would be most likely to advertise Ecotourism? 

• South Korea
• Costa Rica
• China
• Netherlands

Why do most restaurants clump together in shopping malls and on busy street corners?

• Agglomeration
• Ease of Access
• More Capital
• Laws of Location 

Where was the hearth of the Industrial revolution? 

• Germany
• USA
• Russia
• England

Targets generally have Best Buys, Sally Beauty Salons, Famous Footwear, JC Penny, & Petsmarts near them. This is known as what? 

• Maquiladora Industires
• Just-in-time planning
• Agglomerations
• Outsourcing

the ability of a group to carry out an economic activity more efficiently than another economic activity

• Comparative advantage

• Mercosur

• World Trade Organization (WTO)

• Multiplier Effects

• Neoliberal policies

Which economic measure of development divides the total value of goods and services produced within a country in a given year by its population?

• GDP
• GDP per capita 
• Purchasing Power Parity 
• GINI coefficient

Created by Wallerstein to show that the world is interconnected and that we are all interdependent on each other.  Divides us into three tiers of economic prosperity.

• Dependency Theory
• Neo liberal counterrevolution
• structural adjustment loan
• World Systems theory

in World's Systems Analysis, the ___________________are the least economically developed countries that have little influence over the world's economy

• Core

• Periphery

• Semi-Periphery

• Least Developed

• Third world countries