18/19 Vocab
Authored by Matt McMain
Geography
9th - 12th Grade
Used 1+ times
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Commodity Dependence
An aspect of dependency theory, when 60% of a country's exports and economic health is tied to one or two resources.
The ability of a country to produce a good at a lower cost than another country can.
When two regions through an exchange of commodities can specifically satisfy each other's demands
A process by which a firm moves some of its work to a location outside of the home country, so that work can be done more efficiently and less expensively.
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Agglomeration
an urban center with certain attributes that, if augmented by a measure of investment support, will stimulate regional economic development in it's hinterland
a duty-free and tax-exempt industrial park created to attract foreign corporations and create industrial jobs.
process by which companies move industrial jobs to other regions with cheaper labor, leaving their home region lacking in manufacturing jobs, leading to a switch to service industry jobs.
Clumping or clustering together of industries for mutual advantage
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Tertiary Sector
the sector of the economy that involves services, rather than goods
the part of the economy that extracts raw materials. Farming and Mining.
the part of the economy focused on manufacturing and assembling products from raw materials.
the emergence of service industries that require high levels of specialized knowledge or technical skill, i.e scientific research
network of business transactions that are not reported and therefore not included in a country's GDP, economic projection, and aren't taxed by the government.
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Primary Sector
the part of the economy that extracts raw materials. Farming and Mining.
the part of the economy focused on manufacturing and assembling products from raw materials.
the sector of the economy that involves services, rather than goods
the emergence of service industries that require high levels of specialized knowledge or technical skill, i.e scientific research
network of business transactions that are not reported and therefore not included in a country's GDP, economic projection, and aren't taxed by the government.
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Secondary Sector
the part of the economy focused on manufacturing and assembling products from raw materials.
the part of the economy that extracts raw materials. Farming and Mining.
the sector of the economy that involves services, rather than goods
the emergence of service industries that require high levels of specialized knowledge or technical skill, i.e scientific research
network of business transactions that are not reported and therefore not included in a country's GDP, economic projection, and aren't taxed by the government.
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Quinary Sector
the emergence of service industries that require high levels of specialized knowledge or technical skill, i.e scientific research
the part of the economy that extracts raw materials. Farming and Mining.
the part of the economy focused on manufacturing and assembling products from raw materials.
the sector of the economy that involves services, rather than goods
network of business transactions that are not reported and therefore not included in a country's GDP, economic projection, and aren't taxed by the government.
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Quaternary Sector
service sector jobs concerned with the collection, processing and manipulation of information and capital, ie finance, administration, insurance, legal services.
the part of the economy that extracts raw materials. Farming and Mining.
the part of the economy focused on manufacturing and assembling products from raw materials.
the sector of the economy that involves services, rather than goods
the emergence of service industries that require high levels of specialized knowledge or technical skill, i.e scientific research
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