Concept A
What are the three economic sectors?
Primary, secondary, and tertiary
What are the three classifications assigned to countries in the World Systems Theory model?
Periphery, Semi-periphery, and Core
Before industrialization, were countries MDCs or LDCs?
Less Developed Countries (LDCs)
Is industrialization, for the most part, good or bad for sustainability?
Bad
What group made the eight Millenium Development Goals?
United Nations (UN)
What was the main effect of the Industrial Revolution?
Better standards of living
What is the total percentage of a population that can read or write referred to as?
Literacy rate
Is there an increase or decrease in global manufacturing jobs?
Decrease
What are the three main sources of energy that account for 5/6ths of the world's energy resources?
Coal, petroleum, and natural gas
Who made the Least Cost Theory and the Least Cost Model?
Alfred Weber
What was the catalyst of the industrial revolution?
Technology
What are the five Stages of Economic Growth in order?
1. Traditional society
2. Precondition for takeoff
3. Take-off
4. Drive to maturity
5. High mass consumption
Name three of the Old Asian Tigers.
Japan, South Korea, Taiwan, Hong Kong, and Singapore
Name a country that runs primarily on hydroelectric power.
Brazil or Canada
Who developed the World Systems Theory and Model?
Immanuel Wallerstein
What two segments is the tertiary sector divided into?
Quarternary and Quinary sectors
What is the monetary worth of goods and services produced by a country within a given year?
Gross Domestic Product (GDP)
What is another name for an Export Processing Zone?
Free Trade Zone or Special Economic Zone
What type of renewable energy is impractical?
Nuclear fusion
Who made the modernization model detailing the Stages of Economic Growth?
Walt W. Rostow
Prior to the Industrial Revolution, what home-based manufacturing system was used?
The cottage industry system
What is the name of the income inequality scale?
GINI Coefficient or GINI Index
What is the negative impact of technopoles?
Brain drain
What is the organization formed to allow oil-rich countries gain more control over their oil?
(Give the full name, not only the acronym)
Organization of Petroleum Exporting Countries (OPEC)
What Argentine geographer developed the Dependency Theory?
Raul Prebisch