Unit 7 Vocabulary Practice

What is the primary sector of an economy?

• Portion of the economy involved in providing services

• Portion of the economy employed in extracting natural resources

• Portion of the economy focused on manufacturing

• Portion of the economy involved in research and development

Answer explanation

The primary sector of an economy is focused on extracting natural resources, such as agriculture, mining, and fishing. This distinguishes it from the secondary sector (manufacturing) and tertiary sector (services).

Which sector is responsible for processing natural resources?

• Primary sector

• Secondary sector

• Tertiary sector

• Quaternary sector

Answer explanation

The secondary sector is responsible for processing natural resources into finished goods. It includes manufacturing and construction, which transform raw materials from the primary sector into usable products.

What characterizes newly industrialized countries (NICs)?

• Economies primarily based in agriculture

• Economies transitioning to goods-producing industries

• Economies focused on service industries

• Economies with declining industrial sectors

Answer explanation

Newly industrialized countries (NICs) are characterized by economies transitioning to goods-producing industries, moving away from agriculture and developing their industrial sectors.

What are maquiladoras?

• Local businesses in rural areas

• Export processing zones with special regulations in Mexico

• Large multinational corporations

• Government-owned factories

Answer explanation

Maquiladoras are export processing zones in Mexico that operate under special regulations, allowing foreign companies to manufacture goods for export while benefiting from tax incentives and lower labor costs.

What is the focus of ecotourism?

• Maximizing tourist numbers

• Protecting local ecosystems and educating visitors

• Building large resorts

• Promoting urban tourism

Answer explanation

The focus of ecotourism is on protecting local ecosystems and educating visitors about the environment, rather than maximizing tourist numbers or building large resorts.

Why was the Research Triangle developed in North Carolina?

• Due to its proximity to the ocean

• Because of three major research universities

• For its agricultural potential

• Due to its historical significance

Answer explanation

The Research Triangle was developed in North Carolina primarily because of the presence of three major research universities: Duke University, North Carolina State University, and the University of North Carolina at Chapel Hill, fostering innovation and collaboration.

What is a bulk-reducing industry?

• An industry where the final product weighs more than the inputs

• An industry where the final product weighs less than the inputs

• An industry that focuses on increasing the volume of inputs

• An industry that does not change the weight of inputs

Answer explanation

A bulk-reducing industry transforms raw materials into products that weigh less, such as mining or lumber. Therefore, the correct choice is that the final product weighs less than the inputs.

What does labor-market participation measure?

• The number of jobs available

• The percentage of people working

• The average salary of workers

• The number of industries in a region

Answer explanation

Labor-market participation measures the percentage of people working in the labor force, indicating how many individuals are engaged in employment compared to the total working-age population.

What is commodity dependence?

• Reliance on manufacturing goods

• Reliance on the export of primary commodities

• Dependence on imported goods

• Focus on technological products

Answer explanation

Commodity dependence refers to reliance on the export of primary commodities, which are raw materials or agricultural products. This contrasts with manufacturing or technological goods, making the correct choice the second option.

What characterizes a high-tech industry?

• Reliance on traditional methods

• Use of advanced scientific research

• Focus on manual labor

• Production of basic goods

Answer explanation

A high-tech industry is characterized by the use of advanced scientific research, which drives innovation and development of cutting-edge technologies, unlike traditional methods or manual labor.