Unit VI – Test Review (Chapters 9 & 11). China has a large percentage of its population involved the in the primary sector. What does this indicate?

Unit VI – Test Review(Chapters 9 & 11)

China has a large percentage of its population involved the in the primary sector. What does this indicate?

China would be a Less Developed Country (LDC).

According to the international trade approach, should a developing country think of limiting their imports as an asset?

No, they should open themselves to international trade

What are traditional barriers to trade?

Quotas, taxes on imports (tariffs) or exports, requiring licenses for importers.

What are indicators of global gender inequality?

Any inequality that is not worldwide such as lower salaries in MDC’s and low percentage of female managers in LDC’s.

Would a country with a per capita GDP of $400 be an MDC or an LDC?

An LDC

A major reason people are more productive in MDC’s is:

The people have access to more technology.

Generally speaking, is the per capita GDP between MDC’s and

LDC’s growing or shrinking?

It is widening.

Which type of country has the majority of its workers in primary

sector jobs?

Less Developed Countries

What is the value of a product minus the costs of raw materials

and energy?

Value added

What is one area of the world that was seriously affected by

colonialism?

Africa/Sub-Saharan Africa

What sector of jobs deals with providing goods and services?

Tertiary Sector

What was a major reason Japan was able to become a more

developed country?

Abundant Supply of Labor

A country that has a large % of its workforce in computer

information would be considered in what sector?

In the tertiary sector of the economy.

A major problem with the International Trade Approach is:

Unequal distribution of resources.

Mining would fit into what sector of the economy?

Primary Sector

What is the improvement in material conditions called?

Development

Which type of country has the higher dependency rates?

Less Developed Countries

Why do less developed countries have problems getting loans from

banks?

Inability to repay the loans.

The value of the total output of goods and services in one year is

a country’s:

Gross Domestic Product

Which of the following does not fit Anglo-America?

Entertainment IndustryPetroleum Industry

Food IndustryInformation Processing Industry

If a copper concentration mill is a bulk-reducing industry would it locate near a copper mine or their market?

Near a copper mine.

The location a company using more than one mode of transportation would seek to locate.

Break-of-bulk point

Final product weighs more that the inputs

Bulk-gaining industry

Location factors that favor locating to the northeastern United States and northwestern Europe.

Skilled labor and proximity to markets.

Mass production; worker assigned one specific task to perform.

Fordist Production

Post-Fordist Production?

More flexible work rules

I think we are finished!!!