Unit 7 Industrial & Economic Development

What is the term for the concentration of industries in a particular area to benefit from shared services and facilities?

• Agglomeration

• Deindustrialization

• Ecotourism

• Dual economies

Which organization is a regional grouping of Southeast Asian nations?

• African Union

• ASEAN

• European Union

• NAFTA

What is the economic theory that suggests a country should specialize in producing goods where it has a lower opportunity cost?

• Dependency theory

• Comparative advantage

• Economic imperialism

• Complementarity

What is the term for industries that decrease in weight or bulk during the production process?

• Core industries

• Bulk-reducing industries

• Cottage industries

• Capital resources

What is the term for the decline of industrial activity in a region or economy?

• Agglomeration

• Deindustrialization

• Economic imperialism

• Ecotourism

What does the acronym GDP stand for?

• Gross Domestic Product

• Global Domestic Product

• General Domestic Product

• Gross Development Product

Which index measures gender disparities in a country?

• Gender Inequality Index (GII)

• Gross National Product (GNP)

• Human Development Index (HDI)

• Gross Domestic Product (GDP)

What is the primary focus of the Human Development Index (HDI)?

• Measuring human development

• Calculating gross national income

• Assessing gender disparities

• Evaluating export processing zones

Which term refers to areas where goods can be manufactured and exported without the intervention of customs authorities?

• Free Trade Zones (FTZs)

• Formal/Informal Sector

• Growth Poles

• Grameen Bank

What is the main purpose of the Grameen Bank?

• Providing microloans to the poor

• Calculating gross national income

• Measuring gender development

• Assessing human resources