WorksheetsAPHUG Unit 7
Total questions: 46
Worksheet time: 29mins
PPP shows...
The total income of a country
How much people earn on average
How much you can buy with your money
Woven goods that are made largely in India and China
Sauces
Spices
Spiders
Textiles
Police and firefighters are examples of
Insurance industry jobs
Business services jobs
Public services jobs
Government services jobs
Situation costs are critical to a firm that wishes to
avoid skilled laborers
minimize production costs inside the plant.
minimize transport costs.
.identify unique characteristics of a particular industry.
How would you describe a Less Developed Country?
More developed than Suriname and Mali
A country that has begun transitioning from primarily agricultural to primarily manufacturing
Also known as a developing country, a country that is at a relatively early stage in the process of economic development.
A country characterized by high income per person
Which of the following is the best example of Outsourcing?
An El Salvadorian immigrant illegally immigrates to the USA to find work
An American Tech Company fires its American Employees and hires people in Bangladesh to do the same job for 1/4 the cost
A European worker moves to the USA and gets a high-paying job at a tech company.
If John sells five lemons that are five dollars each, he makes $23?
Which of the following is not an economic measure of development?
GDP
PPP
GNP
RMR
GNI
Select all jobs/activities that fall under the Primary Economic Sector
waiters at an expensive steakhouse
miners in Bangladesh
farmers in Iowa
commercial fisherman in Nova Scotia
customer service representatives at a bank
How did the Chicago area become a significant asset for the Western Great Lakes region in relation to its steel industries?
a large market area
commercial walleye fishing boats on Lake Superior
access to the nation's transportation network
philanthropists catalyzing surges in productivity
The set of goals that were made by the UN in 2000 and were revisited in recent years to evaluate progress on development of LDC's in the world.
HDI
HDMI 2
Millennium Development Goals
New Years Resolutions
Kansas Nebraska Act
What are factories placed along the USA/Mexico border that ships products into the USA called?
Chihuahuas
Maquiladoras
fábricas comerciales
warehouses
Where was the hearth of the Industrial revolution?
Papua New Guinea
The Dominican Republic
England
France
Luxembourg
How would you describe a More Developed Country?
At a higher level of economic development, while having crumbling infrastructure and primitive tools that are used to harvest animals
A country that has a developed economy with advanced technological infrastructure relative to other less industrialized nations
A country that distributes tariffs at the will of its mother country to limit the power of the mother country's adjacent countries
Rich, prosperous, happy, overly populated, with a dispersed population density
What is an example(s) of a bulk-reducing industry?
McDonald's
KFC
The lumber industry
The soft drink industry
In one word, what economic sector would the jobs of a doctor, teacher, and lawyer be situated in?
(a)
True or False... NAFTA allowed for the creation of Maquiladoras in Mexico
True
False
It was not NAFTA or any agreement
The second amendment of Australia
Targets generally have Best Buys, Sally Beauty Salons, Famous Footwear, JC Penny, & Petsmarts near them. This is known as what?
Agribusinesses
Agglomerations
Agromania
Agriculture
A company that uses more than one mode of transport will often locate near what?
Factory
Consumer Productions
Break-Of-Bulk Point
DIY projects
What factor determines why maquiladoras are placed along the USA/Mexico border?
convenient shipping lengths
imperialistic trade routes
problems resulting from the overproduction of choke points
historically significant trade routes
Which economic alliance is formed between Canada/Mexico/USA?
TEAM
CCMD
EUSA
USMCA
What county is most likely to promote ecotourism?
Pakistan
Finland
China
Costa Rica
(a) is an unrenewable resource that was the main source of fuel during the Industrial Revolution.
What example best displays the Cottage Industry?
Making textiles by hand in your homes
Farming enough food for your family and your family alone
Hunting animals with primitive tools and searching for strawberries
Having a community bakesale with your neighborhood friends
What is the most important factor in Alfred Weber's theory of Least Cost represented in his Locational Triangle?
transportation costs
labor costs
production costs
raw material extraction costs
If a country has a total population of 51,726,927 people and only 2,973,727 of the population can read, the ______ ____ is considerably low.
economic exception
literacy rate
rich people
anti-federalist policies
An example of "this word" is a large American company firing its employees and finding employment in another country for a cheaper cost.
(a)
Created by Wallerstein to show that the world is interconnected and that we are all interdependent on each other. Divides us into three tiers of economic prosperity.
The Anti Aardvark Policies
Dependency Theory
Hidden insurance fees
World Systems Theory
True or false, soda bottling is an example of a bulk-reducing industry?
(a)
More developed countries commonly have higher literacy rates.
True
False
There is no correlation between higher literacy rates and levels of development.
Never true
Are dogs better overall pets than hampsters for a family of four with low income in Uganda?
Yes
No
I don't Know
Both are equally as beneficial and as detrimental at the same time.
Whose development model consists of a 5 stage process that countries go through as they develop economically?
Losch
Rostow
Weber
Wallerstein
What is a set of statistics or numbers that rank countries by their development?
National Development Ranking (NDR)
Human Development Ranking (HDR)
Natural Restoration Ranking (NRR)
Federal Bureau of Invention (FBI)
In one word, what type of countries rely primarily on primary economic activities like farming, mining, and fishing?
(a)
Producers of automobiles select assembly plant locations primarily for their closer access to
government housing
government subsidies
government research facilities
labor markets
Select all qualities of Free-Trade Zones.
Goods are auctioned off to the highest bidder
Goods are traded without tariffs
Goods are sold without trade barriers
Goods are traded with trade barriers that are free
(a) is a measurement of all gross products produced (only) inside the borders of a country in one year.
About 50% of all Americans are employed by
Public/Private Services
Business Services
Consumer Services
Industrial Services
Gender (a) are the differences in privileges given to males/females in a certain society.
The portion of the economy that is not monitored by the government.
informal government
formal government
restricted government
free government
tree government
There are ___ countries in the World Trade Organization (WTO).
152
162
143
164
True or false... health problems can affect global trade?
(a)
These are special manufacturing zones that attract TNCs and MNCs.
Import Selling Destinations
Export Processing Zones
England Importing Scones
Export Manufacturing Blocs
Due to non-base economic activities, doing ________ helps to recirculate money in a centralized area.
buying books on Amazon
throwing away unwanted toys
working at a nonprofit foodbank
shopping at a local grocery store
Rostow's Stages of Economic Development has (this many) stages.
*Enter the number of stages
(a)
A commodity-dependent country has over ___% of their exports being raw materials.
60
50
70
35.7
Neo-liberal policies economically reduce _________?
taxation and government regulations
foreign tariffs and taxes
economic interdependency and tariffs
socioeconomic imbalances and government regulations
