Tawain’s focus on __________ has led to their economic success on a global scale:

Which of the following best describes outsourcing of labor from more developed countries to less developed countries in order to take advantage of cheaper labor costs?

“New to Arlington's thriving Entertainment District is Texas Live!, a unique attraction that combines entertainment, restaurants, and accommodations into one exciting destination. Perfect for sports fans, the complex is nestled between two legendary arenas, AT&T Stadium and Globe Life Park in Arlington. An upscale experience in an unbeatable location, Texas Live! is the place you'll want to be before, after, or during a game.”

The idea behind Texas Live’s proximity to AT&T Stadium and Globe Life Park in Arlington can be best associated with which concept:

Weber’s model assumes that the cost of labor is a key factor that influences where industries choose to locate. It also includes the availability of industrial capital: machinery and the money to purchase the tools and workers the factory needs. On the contrary, ___________ is applied when an industry moves to access lower labor costs, even though transportation costs might increase as a result. In the long run, theses companies will save more because of the cheaper labor.

Which concept best fits the idea above?

Weber noted that as agglomeration began to increase the competition for land at a given setting, escalating rent prices (or land prices) start to overcome the locational advantages of that place. In such a situation, many firms might decide to locate away from similar industries in order to gain access to less expensive land.

This process is known as:

Once a small, ancient village with a population of 30,000, the modern city of Shenzhen has evolved into a state-of-the-art tech and financial global epicenter. In 1980, the then-Communist Party leader Deng Xiaoping designated the southern town as an area with particular economic advantage. Shenzhen and other similar areas receive special tax benefits and preferential treatment for foreign investment. Shenzhen grew exponentially and its GDP per capita grew 24,569% from 1978 to 2014. Shenzhen's GDP surpassed U.S.$338 billion in 2017 because of its successful tech sector, and this growth exceeded that of Hong Kong and Singapore.

Shenzhen would be an example of:

The map above shows China’s fuel refinery locations and sources of electric power. Even though these industries require raw materials, the energy demands are so high that factories are built in close proximity to major sources of abundant, cheap power. These industries are also classified as:

The concept is simple enough. Dell, the second-largest PC seller behind Hewlett-Packard Co., only builds computers that have already been ordered. Customers make their purchases through Dell's Website, phone banks and corporate sales force. Based on those orders, Dell gives itself three days maximum to build the computers. Dell's computers keep track of what components customers have ordered for their machines. If the company receives orders for an unusually large number of a component, such as a certain kind of Pentium 4 chip, Dell goes on red alert, rushing to wring out emergency shipments from suppliers.

The Dell concept being described above could be identified as:

Silicon Valley in Northern California is famous as the home to many businesses that produce high-tech products or serve high-tech companies. This demonstrates the principle of