Industrialization and Economic Theories

The video explores the transformation of Earth's landscape from agriculture to industrialization, highlighting the impact of the Industrial Revolution. It contrasts modernization and dependency theories in economic development and discusses globalization's role in altering economic activities. The video also examines factors affecting industry location and addresses sustainability challenges in industrial development.

What major shift in economic activities began in the late 18th century?

• The development of renewable energy

• The expansion of global trade

• The onset of industrialization

• The rise of digital technology

Which country was the first to industrialize during the Industrial Revolution?

• England

• Germany

• United States

• France

According to the modernization theory, what is considered the greatest barrier to economic development?

• Lack of resources

• Political instability

• Geographical location

• Tradition

What is the primary focus of the dependency theory?

• Environmental sustainability

• Technological advancements

• Exploitation by industrialized nations

• Cultural changes

What phenomenon is described as the reduction in time it takes to spread something to a distant place due to improved communication and transportation?

• Globalization

• Space-time compression

• Industrialization

• Modernization

What is a key factor in determining the location of industries according to Alfred Weber's least cost theory?

• Technological innovation

• Political stability

• Transportation costs

• Cultural influence

What is the term for industries that should be located closer to the buyer due to higher transportation costs of finished products?

• Capital-intensive industries

• Labor-intensive industries

• Bulk-gaining industries

• Bulk-reducing industries

What are fossil fuels primarily composed of?

• Renewable resources

• Synthetic materials

• Residues of plants and animals

• Minerals

What is a major issue faced by industrial development in terms of energy?

• Excessive energy storage

• Depletion of fossil fuel reserves

• Lack of technological innovation

• Overproduction of renewable energy

What is one way to practice sustainable development?

• Implementing government policies to protect the environment

• Increasing fossil fuel consumption

• Ignoring population growth

• Expanding urban areas without planning