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Vocab
Theories and Models
Development/Diffusion
Real World
Miscellaneous
100
Export processing centers located on the US/Mexican border that take advantage of low cost labor are called:
Malquiladoras
100

The 3 major parts of Wallernsteins Dependency Model are:

Core Periphery Semi-Periphery

100

Why would a country TRY to de-industrialize (have less factory/secondary sector jobs)?

To make way for another sector of economy usually tertiary sector.

100

The Rhine-Rhur Valley is an example of a major industrial area in:

Western Europe

100

A factory located far away from the market and creates products that have less mass and volume than the raw materials used to make them indicates a _______________ industry

Bulk Reducing

200

What were some of the first industries impacted by industrialization?

Textiles...

200
In Weber's Least Cost Theory what did he say was the leading cost factor in plant location?
Transportation
200

The primary focus of Rostow's Theory of Development.

Economic development in one country. 

200
The most expensive type of transportation via manufactured goods is:
Air Travel
200

A company might outsource a factory because another country...

Has cheaper wages for workers, less environmental laws, less strict labor laws, etc. 

300

Creating products in an assembly line fashion with little training and job security for workers

Fordism or Fordist Production

300

What do companies have to balance when transporting goods in Weber's Least Cost Theory when creating a factory?

Cost of transporting raw materials and finished products

300

Name two statistics that are looked at to get a countries HDI.

Life expectancy, Literacy rate/education, GNI per capita

300
Name the Four Asian Tigers
South Korea Taiwan Singapore Hong Kong
300

Name the region you are most likely to find less developed countries.

Sub-Saharan Africa

400
The clustering of industries and firms that depend on each other or are related in some way is called:
Agglomeration
400
The "Drive to Maturity" stage in Rostow's Model would support workers in what economic sector?
Manufacturing or Secondary
400

The Industrial Revolution began in what country?

England (UK)

400

What is outsourcing and how has it affected manufacturing in the USA

Companies move their factories abroad, less factory jobs/secondary sector jobs in US


400
Explain the relationship between someone in the quarternary and quinary sectors.

Quarternary sector analyzes data and informs quinary sector who makes decisions. 


500
When a company is so large it uses more than one method of transportation it all must go to one location first, this is called:
Break of Bulk Point
500

The last stage of Rostow's Theory?

Mass Consumption

500
Give an example of a occupation paired with each economic sector: Primary Secondary Tertiary Quaternary
Responses may vary: Primary- Farming Secondary- Welding Steel Tertiary- Teacher Quaternary- College President
500

What is microfinancing/microloans? Who is most likely to receive these loans?

Small loans given to typically female or minority owned businesses in developing countries. 

500

Name a GEOGRAPHIC FEATURE near an area that produces large amounts of oil.

Persian Gulf, Caspian Sea, Gulf of Mexico, North Sea, Arabian Sea (Pretty much anything near the Middle East, Northern Europe, Russia, or Southeast US)