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Economic Geo Review

Total questions: 50

Worksheet time: 26mins

Name
Class
Date
1.
The measure of gender inequality in a country. I hope you know your acronyms!
a)
API
b)
GRDI
c)
GINI
d)
GII
2.
The measure of inequality income by ratio
a)
Gini Co-Efficent
b)
Gii
c)
GDP
d)
GEM index
3.
Compares the ability of women and men to participate in E/S/P decision making in an country. 
a)
IMR
b)
Gii
c)
Gini
d)
GEMI
4.
Least Cost Theory studies how companies use land space for research purposes. 
a)
t
b)
f
5.
Products made at home, by hand, usually one at a time.
a)
cottage industry
b)
break of bulk
c)
Research Triangle industry
d)
commercial industry
6.
High tech companies in places like North Carolina, California and Texas that build office space where land is affordable. 
a)
Maquiladoras
b)
Research Triangles
c)
Silicon Cities
d)
Growth Poles
7.
A footloose industry is one that is not tied to any location, it can change locations quickly to minimize costs of production. 
a)
t
b)
f
8.
The clustering of people or activities that benefit from their proximity for shared production costs, etc...
a)
agglomeration
b)
growth pole
c)
International division of labor
d)
Zone of profitability
9.
Bid Rent is the amount of $ land is valued at - gets higher as you get closer to the city.
a)
t
b)
f
10.
The portion of the economy concerned with services such as transportation, communications, utilities, and the provision of goods and services.
a)
primary
b)
secondary
c)
tertiary
d)
quaternary
11.
Research and development are an example of which sector?
a)
Secondary
b)
Tertiary
c)
Quaternary
d)
Quinary
12.
A CEO is an example of which sector?
a)
secondary
b)
tertiary
c)
quaternary
d)
quinary
13.
Which of the following is a job from secondary sector?
a)
mining, fishing, forestry
b)
manufacturing
c)
retail
d)
research and development
14.
Which of the following is an example of primary sector?
a)
mining, fishing, forestry
b)
manufacturing
c)
retail
d)
research and development
15.
Japan would be in what stage of Rostow's Ladder of Development?
a)
Stage 2
b)
Stage 3
c)
Stage 4
d)
Stage 5
16.
In Rostow's Ladder of Development, Stage 4, Drive to Maturity in characterized by
a)
subsistence, barter, agriculture
b)
industrialization, growing investment, political change
c)
specialization, surpluses, infrastructure
d)
diversification, innovation, less reliance on imports
17.
Zones established by many countries in the periphery and semi-periphery where they offer favorable tax, regulatory, and trade arrangements to attract foreign trade and investment with no selling of product within the country.
a)
Export Processing Zones
b)
Special Economic Zones
c)
Maquiladoras
18.
SEZ and EPZ have foreign investors building infrastructure that creates
a)
Formal economy
b)
Informal Economy
c)
Islands of development
d)
Maquiladoras
19.
Which of the following is NOT an example of a cost of development?
a)
Pesticides
b)
Tourism
c)
Pollution
d)
Connectivity/Accessibility
20.
Microcredit loans are most often issued in developing countries to women.
a)
True
b)
False
21.
Continuation of economic dependency despite political independence
a)
Colonialism
b)
Imperialism
c)
Neo-Colonialism
d)
Neo-Imperialism
22.
Many United States high tech companies have been outsourcing many of their technical support and other tertiary jobs to which of the following countries? 
a)
India
b)
China
c)
South Africa
d)
Saudi Arabia
23.
Weber’s least cost location theory uses all of the following factors to determine optimum location of a manufacturing facility except 
a)
labor cost
b)
transportation cost
c)
agglomeration effects
d)
global division of labor
24.
 Computer technical support jobs are increasingly being outsourced to India, because of improvements in telecommunication technology. Which term best exemplifies this trend? 
a)
Space-time compression. 
b)
Agglomeration
c)
Absolute distance
d)
Multiplier effect
25.
Which of the following is the best example of a bulk reducing industry? 
a)
Automobile assembly
b)
Copper mining
c)
Toy manufactoring
d)
Soft-drink bottling
26.
In the context of industrial location, which of the following best describes the concept of situation? 
a)
The number of jobs that an industry will create in a region. 
b)
The location of an industry in relation to other industries. 
c)
A force that attracts industries to a specific location. 
d)
The location of an industry in relation to resources used in production including its market.
27.
All of the following are advantages of outsourcing except 
a)
it can take advantage of low cost overseas labor. 
b)
it creates competitive market for parts and supplies. 
c)
it provides more flexibility for companies. 
d)
it simplifies logistics of transportation of parts and products. 
28.
According to Hotelling's Model of Industry where will competitors place their business?
a)
Far from market competition
b)
Near market competition
c)
Isolated market regions
d)
Closest to cheap labor source.
29.
Maquiladoras provide which of the following benefits to producers? 
a)
Duty-free production in a low wage country. 
b)
Allows access to high skill labor markets. 
c)
Concentrates production in the highest order cities. 
d)
Levels the economic playing field for factories located in America and China.
30.
The movement of activity, usually industry, away from agglomerations, perhaps when congestion makes further agglomeration in a region difficult and expensive. 
a)
Least-Cost Theory
b)
Deglomeration
c)
Cumulative Causation
d)
Manquiladora
31.
Grouping together of many firms in a single area for collective or cooperative use of infrastructure and sharing of labor resources. Agglomeration leads to multiplier more firms locate to the same place providing jobs both within the firm and in ancillary activities, or services that support the firm. Can have a positive effect on the local tax base. 
a)
Agglomeration Economies
b)
Cottage Industry
c)
Footloose Industry
d)
Fordist
32.
The earliest country in East Asia to industrialize was - 
a)
Japan
b)
Singapore
c)
China
d)
Korea
33.
In the 200 years following the Industrial Revolution, heavy industry was found in all of the following locations EXCEPT - 
a)
North America
b)
Russia
c)
France
d)
Northern Africa
34.
An international organization headquartered in Washington, D.C. that fosters global monetary cooperation, secure financial stability, more international trade, high employment and reduction of poverty throughout the world.
a)
International Trade 
b)
World Bank 
c)
US Department of the Treasury 
d)
International Monetary Fund
35.
The illegal and untaxed business that includes many street vendors and the black market.
a)
Secondary Economic Activities 
b)
Formal Economic Activities 
c)
Informal Economic Activities 
d)
Illegal Marketing 
36.
In this stage of development there exists new leadership, greater flexibility, openness, and diversification of finished goods.
a)
Process of Development
b)
Take Off
c)
Preconditions for Take-Off
d)
Step One
37.
The approach to development that is characterized by rejection of international trade. In this model, countries spread investment throughout the economy, protect fledgling industries, and limit imports and exports. This approach is often marred by inefficiency and a swelling bureaucracy.
a)
International Trade Approach 
b)
Self-Sufficiency Approach 
c)
Laid Back Approach 
d)
United States Approach 
38.
The stage of development dominated by industrial revolution and sustained growth, urbanization increases, technology and mass production breakthroughs occur.
a)
Industrial Revolution 
b)
Traditional Society 
c)
Preconditions for Take Off 
d)
Take Off 
39.
A package of economic and institutional measures designed to solve macroeconomic problems in developing countries by reducing government intervention in the economy, correcting the borrowing country's deficits and opening the country's economy to the global market, all in return for financial aid.
a)
Treasury Department 
b)
Structural Adjustment Program 
c)
Treasury Adjustment Program 
d)
Monopolies
40.
The stage of development in which the dominant economic activity is subsistence farming, rigid social structure, limited technology.
a)
Industrial Revolution 
b)
Traditional Society 
c)
Preconditions for Take Off 
d)
Take Off 
41.
A United Nations international finance institution that provides loans to developing countries for the purpose of reducing poverty through the globe and increasing foreign investment and international trade.
a)
International Monetary System
b)
World Bank
c)
United Nations Children's Fund
d)
UN Women
42.
In this stage of development technology diffuses, industrial specialization occurs
a)
Drive to Maturity 
b)
Take Off
c)
Slow World 
d)
Technological Revolution 
43.
The main goal of NAFTA has been to
a)
More closely integrate the economies of Mexico, Canada, and the United States
b)
Strengthen the competitiveness of the Mexican economy
c)
Increase trade restrictions between Mexico, Canada, and the United States
d)
Restrict immigration across international borders in North America
44.
Based on Wallerstein's world-systems theory, which of the following countries would be considered a core country in the 21st century?
a)
Afghanistan
b)
Germany
c)
China
d)
Australia
45.
What stage of the DTM is most associated with the industrialization of a country's economy?
a)
Stage 1
b)
Stage 2
c)
Stage 3
d)
Stage 4
46.
Where did the Industrial Revolution begin?
a)
United States
b)
Germany
c)
United Kingdom
d)
France
47.
A company that has headquarters/factories all over the world is known as a
a)
special economic zone
b)
primary activity
c)
secondary activity
d)
transnational corporation
48.
When a good requires 2 or more methods of transportation.  This is known as
a)
Break of Bulk
b)
Intermodal Connection
c)
Bulk reducing
d)
Bulk gaining
49.
During the 1800s Industrial Revolution, the most important fuel source for manufacturing was 
a)
Coal
b)
Oil
c)
hydro-electric
d)
solar
50.
Computer technical support jobs are increasingly being outsourced to India, because of improvements in telecommunication technology. Which term best exemplifies this trend?
a)
Agglomeration.
b)
Absolute distance.
c)
Multiplier effect.
d)
Space-time compression.