Industry

Basket weaving is an example of

• small scale industry

• cottage industry

• large scale industry

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 

Where was the hearth of the Industrial revolution? 

• Germany
• USA
• Russia
• England

Why does Coca-Cola have bottling plants all over the world and not just one major plant? 

• Because Coca Cola is a Bluk Reducing Industry
• Because Coca Cola is a Bulk Gaining Industry 
• Because Coca Cola is a Footloose industry
• Because Coca Cola is a Basic Industry 

A company which uses more than one mode of transport will often locate near what?

• Factory
• Consumer Products 
• Raw materials 
• Break-of-bulk Point

What are the factories in Mexico called?

• Mariachi
• Maquiladoras
• Commercial Factories
• No factories in Mexico

Prior to the Industrial revolution, people made household tools, clothing, and agricultural equipment in their homes, which is known as the_________

• Home-Bound Industry

• Sustainable Development

• Fair Trade Industry

• Cottage Industry

A company faces 2 geographic costs- __________ in which a firm seeks to reduce the cost of transporting inputs to factories and finished products to market; and _______ which firms seek a location with unique characteristics

• situation factors; site factors

• Input factors; output factors

• More developed factor; less developed factor

• bulk-gaining factors; bulk reducing factors

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

A Doctor or Lawyer would be in which economic sector?

• Primary
• Secondary
• Tertiary
• Qinary