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Unit VI – Test Review (Chapters 9 & 11)
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China has a large percentage of its population involved the in the primary sector. What does this indicate?
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China would be a Less Developed Country (LDC).
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According to the international trade approach, should a developing country think of limiting their imports as an asset?
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No, they should open themselves to international trade
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What are traditional barriers to trade?
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Quotas, taxes on imports (tariffs) or exports, requiring licenses for importers.
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What are indicators of global gender inequality?
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Any inequality that is not worldwide such as lower salaries in MDC’s and low percentage of female managers in LDC’s.
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Would a country with a per capita GDP of $400 be an MDC or an LDC?
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An LDC
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A major reason people are more productive in MDC’s is:
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The people have access to more technology.
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Generally speaking, is the per capita GDP between MDC’s and LDC’s growing or shrinking?
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It is widening.
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Which type of country has the majority of its workers in primary sector jobs?
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Less Developed Countries
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What is the value of a product minus the costs of raw materials and energy?
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Value added
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What is one area of the world that was seriously affected by colonialism?
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Africa/Sub-Saharan Africa
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What sector of jobs deals with providing goods and services?
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Tertiary Sector
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What was a major reason Japan was able to become a more developed country?
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Abundant Supply of Labor
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A country that has a large % of its workforce in computer information would be considered in what sector?
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In the tertiary sector of the economy.
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A major problem with the International Trade Approach is:
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Unequal distribution of resources.
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Mining would fit into what sector of the economy?
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Primary Sector
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What is the improvement in material conditions called?
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Development
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Which type of country has the higher dependency rates?
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Less Developed Countries
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Why do less developed countries have problems getting loans from banks?
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Inability to repay the loans.
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The value of the total output of goods and services in one year is a country’s:
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Gross Domestic Product
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Which of the following does not fit Anglo-America?
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Entertainment Industry Petroleum Industry Food Industry Information Processing Industry
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If a copper concentration mill is a bulk-reducing industry would it locate near a copper mine or their market?
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Near a copper mine.
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The location a company using more than one mode of transportation would seek to locate.
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Break-of-bulk point
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Final product weighs more that the inputs
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Bulk-gaining industry
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Location factors that favor locating to the northeastern United States and northwestern Europe.
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Skilled labor and proximity to markets.
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Mass production; worker assigned one specific task to perform.
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Fordist Production
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Post-Fordist Production?
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More flexible work rules
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I think we are finished!!!
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