APHUG Unit 7 Review

Which of the following is considered a primary economic sector activity?

• Banking

• Farming

• Retail

• Software Development

What is the main focus of the secondary economic sector?

• Extraction of raw materials

• Manufacturing and processing

• Providing services

• Research and development

Which of the following is a direct effect of globalization?

• Decreased international trade

• Increased cultural isolation

• Enhanced global communication

• Reduced technological advancement

Identify a major industrial region known for its automobile manufacturing.

• Silicon Valley

• Ruhr Valley

• Wall Street

• Hollywood

Which practice is considered sustainable in industrial development?

• Overfishing

• Deforestation

• Recycling

• Fossil fuel consumption

What was a significant outcome of the Industrial Revolution?

• Decrease in urbanization

• Increase in manual labor

• Rise of factory systems

• Decline in technological innovation

How does globalization affect local economies?

• It isolates them from global markets

• It integrates them into global supply chains

• It reduces their economic growth

• It eliminates local businesses

Explain the concept of agglomeration in industrial regions.

• The dispersion of industries across rural areas

• The concentration of industries in a particular area

• The decline of industries in urban centers

• The relocation of industries to foreign countries

What role does outsourcing play in the global economy?

• It decreases international collaboration

• It increases production costs

• It allows companies to reduce expenses

• It limits access to foreign markets

Discuss the impact of interdependent economies on global trade.

• They lead to trade barriers

• They promote economic isolation

• They enhance trade partnerships

• They reduce the need for imports