Question 1

High-tech industries have tended to become regionally concentrated.

Accepted Answer

A) True 
 B)False

Question 2

The totality of physical facilities and public services existing at a place are known as that locale's

Accepted Answer

A)  service framework.
B)  operational medium.
C)  infrastructure.
D)  support base.

Question 3

What is meant by the term "comparative advantage?" How does the concept help us to understand current world trends in manufacturing and trade?

Accepted Answer

Comparative advantage implies the concen...

Question 4

Classical location theories have proven to be as applicable to high-tech activities as to traditional secondary industries.

Accepted Answer

A) True 
 B)False

Question 5

High-tech industries are NOT typified by

Accepted Answer

A)  Robotics
B)  Electronic controls
C)  Computer-aided designs
D)  Lower worker productivity

Question 6

What has been the impact of high technology industries on the patterns of economic geography? List three locational tendencies of these industries.

Accepted Answer

The impact of high technology industries...

Question 7

Foreign Direct Investment (FDI)has been a significant engine of globalization.

Accepted Answer

A) True 
 B)False

Question 8

A characteristic of modern economic growth is

Accepted Answer

A)  That the importance of agriculture as an employer of labor increases.
B)  Subsistence societies bypass secondary-stage processing and move to tertiary activities.
C)  Secondary activities are replaced by service activities.
D)  Service activities are replaced by secondary activities.

Question 9

Just-in-time manufacturing is a characteristic of flexible production systems.

Accepted Answer

A) True 
 B)False

Question 10

In general,the more economically advanced a society is,the more its output will be concentrated in

Accepted Answer

A)  agriculture.
B)  manufacturing.
C)  services.
D)  transportation and communications.

Question 11

The four Asian tigers are:

Accepted Answer

A)  South Korea,Hong Kong,Singapore,Taiwan
B)  North Korea,Afghanistan,Iran,and Iraq
C)  Thailand,Malaysia,Haiti,Philip[pines
D)  China,India,Japan,Pakistan

Question 12

Economies of agglomeration refer to

Accepted Answer

A)  vertical integration of economic production.
B)  clustering of firms to take advantage of shared infrastructure,services and skilled workers.
C)  the spatial orientation tendencies of bulk-gaining secondary activities.
D)  the comparative advantage of transnational corporations.

Question 13

In planned economies,the location of manufacturing

Accepted Answer

A)  is relatively immobile compared to market economies.
B)  may be determined by other than competitive market forces.
C)  is determined by availability of labor and by regional comparative advantage.
D)  need pay no attention to cost of inputs.

Question 14

Industrial location theory assumes that

Accepted Answer

A)  Industries are market-oriented
B)  Industries agglomerate
C)  Manufacturers are not concerned with profit
D)  Consumers are economically rational

Question 15

The supply curve indicates that as the price of a good increases,

Accepted Answer

A)  more of it will be offered for sale.
B)  there will be fewer producers.
C)  greater specialization will occur.
D)  the demand for it will increase.

Question 16

For the world as a whole at the end of the 20th century,"services"

Accepted Answer

A)  represented over 60% of gross global product.
B)  accounted for less than 50% of gross global product.
C)  was declining in importance as less-developed countries became industrialized.
D)  was overwhelmingly characterized by the "place utility" functions of wholesaling and retailing.

Question 17

The developing world's share of gross global product has remained the same over the past fifty years.

Accepted Answer

A) True 
 B)False

Question 18

Of the following,the state with the highest concentration of high-technology industry is

Accepted Answer

A)  California.
B)  Ohio.
C)  Pennsylvania.
D)  Florida.

Exam 10: Economic Geography: Manufacturing and Services

What is meant by the term "comparative advantage?" How does the concept help us to understand current world trends in manufacturing and trade?

Correct Answer
verified
Comparative advantage implies the concen...
View Answer

The totality of physical facilities and public services existing at a place are known as that locale's

Correct Answer
verified

Industrial location theory assumes that

Correct Answer
verified

Of the following,the state with the highest concentration of high-technology industry is

Correct Answer
verified

Just-in-time manufacturing is a characteristic of flexible production systems.

Correct Answer
verified

Foreign Direct Investment (FDI)has been a significant engine of globalization.

Correct Answer
verified

The developing world's share of gross global product has remained the same over the past fifty years.

Correct Answer
verified

What has been the impact of high technology industries on the patterns of economic geography? List three locational tendencies of these industries.

Correct Answer
Answered by ExamLex AI
The impact of high technology industries...
View Answer

High-tech industries have tended to become regionally concentrated.

Correct Answer
verified

For the world as a whole at the end of the 20^th century,"services"

Correct Answer
verified

Economies of agglomeration refer to

Correct Answer
verified

A characteristic of modern economic growth is

Correct Answer
verified

In planned economies,the location of manufacturing

Correct Answer
verified

The four Asian tigers are:

Correct Answer
verified

High-tech industries are NOT typified by

Correct Answer
verified

Classical location theories have proven to be as applicable to high-tech activities as to traditional secondary industries.

Correct Answer
verified

The supply curve indicates that as the price of a good increases,

Correct Answer
verified

In general,the more economically advanced a society is,the more its output will be concentrated in

Correct Answer
verified

Exam 10: Economic Geography: Manufacturing and Services

What is meant by the term "comparative advantage?" How does the concept help us to understand current world trends in manufacturing and trade?

Correct AnswerverifiedComparative advantage implies the concen...View AnswerShow Answer

The totality of physical facilities and public services existing at a place are known as that locale's

Correct AnswerverifiedShow Answer

Industrial location theory assumes that

Correct AnswerverifiedShow Answer

Of the following,the state with the highest concentration of high-technology industry is

Correct AnswerverifiedShow Answer

Just-in-time manufacturing is a characteristic of flexible production systems.

Correct AnswerverifiedShow Answer

Foreign Direct Investment (FDI)has been a significant engine of globalization.

Correct AnswerverifiedShow Answer

The developing world's share of gross global product has remained the same over the past fifty years.

Correct AnswerverifiedShow Answer

What has been the impact of high technology industries on the patterns of economic geography? List three locational tendencies of these industries.

Correct AnswerAnswered by ExamLex AIThe impact of high technology industries...View AnswerShow Answer

High-tech industries have tended to become regionally concentrated.

Correct AnswerverifiedShow Answer

For the world as a whole at the end of the 20th century,"services"

Correct AnswerverifiedShow Answer

Economies of agglomeration refer to

Correct AnswerverifiedShow Answer

A characteristic of modern economic growth is

Correct AnswerverifiedShow Answer

In planned economies,the location of manufacturing

Correct AnswerverifiedShow Answer

The four Asian tigers are:

Correct AnswerverifiedShow Answer

High-tech industries are NOT typified by

Correct AnswerverifiedShow Answer

Classical location theories have proven to be as applicable to high-tech activities as to traditional secondary industries.

Correct AnswerverifiedShow Answer

The supply curve indicates that as the price of a good increases,

Correct AnswerverifiedShow Answer

In general,the more economically advanced a society is,the more its output will be concentrated in

Correct AnswerverifiedShow Answer

Correct Answer
verified
Comparative advantage implies the concen...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
The impact of high technology industries...
View Answer

Correct Answer
verified

For the world as a whole at the end of the 20^th century,"services"

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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