Industrial Revolution
Economic Models
Globalization
Core/periphery
Environmental Concerns
100
Where did the first Industrial Revolution begin?
Great Britain
100
Who created the least cost theory?
Alfred Weber
100
Outsourcing is based on which economic principle? a)Comparative Advantage b) Aggregation c) Outsourcing d) Tapering principle
A) Comparative Advantage
100
Does Core or Periphery countries benefit more from global prosperity?
Core
100
What is 2+2?
4
200
Which invention during the Industrial Revolution had the most impact?
Steam engine
200
What are two factors affecting transportation?
Weight and distance
200
On a global scale, what sector do most people work in?
Primary
200
How is population growth different in core and periphery?
Core population growth is declining steadily while periphery is increasing rapidly
200
Give an example of pop culture
Varies
300
Which industry was the first to increase production through use of the steam engine?
Iron
300
What are the three factors of the least cost theory?
Transportation, labor, and agglomeration
300
What is outsourcing?
Cutting costs by getting services or products from an outside supplier
300
How does core and periphery countries’ workforce differ?
Core countries majority of the workforce work in tertiary sector, while the majority of the workforce is primary in Periphery
300
Is “I Can’t Believe It’s not Butter” really Butter?
No, It is a butter substitute
400
Who had a big impact in the Industrial Revolution
James Watt
400
Which factors did --- not account for?
Taxes, Substitution principle, Specialization, and others( If explained properly
400
What type of city is New York, in relation to Globalization?
Globalization
400
Name 3 periphery countries that are not in Africa
SE Asia, North Asia. West South America
400
What is the airspeed velocity of an unladen swallow?
African or European
500
How did the Industrial Revolution transform textile industry?
From dispersed cottage industry to a concentrated factory system
500
What issue was Hotelling involved with?
Locational interdependence
500
How has NAFTA helped globalization?
The US can trade with Mexico and Canada more easily and for less money with the lessened/disappeared trade barriers and tariffs
500
Name 3 periphery countries that isn't in North America, or West Europe.
Japan, Australia
500
What time is it?
What time is is where?