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What was the Industrial Revolution?
A series of technological improvements that improved all aspects of life like communication and transportation.
What are the 5 sectors a country’s economy can be divided into?
primary, secondary, tertiary, quaternary, quinary
What can you infer about a country with 23% quinary jobs, 34% tertiary, and 43% secondary?
They are a highly developed country and a wealthy nation.
What type of jobs are in the quaternary sector?
Financial, planning, blogging, business consulting. Anything related to service jobs that require special knowledge.
What type of jobs are in the secondary sector?
Manufacturing, construction workers.
What is ecotourism?
When a country gives a tour of their natural environment while protecting it and giving jobs to local communities.
What is development?
The way of life chracterized by social and economic conditions of a location.
What does the United Nations use to measure development in a country?
Human Deveopment Index
What measures are included in the HDI?
Avg years of schoolong, literacy rates, life expectancy, fertility rates, infant mortality rates, GNI and GDP.
Is a HDI score for a country .23 good?
No, that means they are poorly developed.
What is the gender inequality index?
It is a score that measures the loss of human development from the rates of inequality between men and women.
What are the indicators GII uses to measure?
Adolescent fertility rates, Maternal mortality rates, seats in parliament, secondary education, and labor market participation.
What is a country’s ideal score for their HDI and GII?
A high score on the HDI and low score on the GII.
Whats the Dependency theory?
A theory that states countries may have to depend on each other for economic survival.
What is an example of a dependency theory?
A LDC relies on the higher developed countries for primary and secondary jobs while MDC rely on LDC for low cost items like produce.
What is commodity dependence?
When a country relies too much on their arigultural exports for income. Their agricultural exports are 60% or higher.
What is complementary advantage?
If two countries join together the trade can benefit both of them.
What is comparative advantage?
When a country can produce a product at a lower cost than competitiors.
What’s the negative consequence of being a internally shared economy tied together?
If something wrong goes in one country’s economy it can affect the other one too.
What are some examples of trade agreements?
EU, WTO, Mercosur, and OPEC.
The port of Los Angeles is the busiest port in the United States and a major break-of-bulk point. Which of the following statements correctly explains why Los Angeles is a break-of-bulk point?
B
The port can accommodate large container ships that can be unloaded quickly so that containers can be transferred onto carriers that use California’s highway and rail systems
Which of the following best explains the relationship between GDP per capita and world system theory?
There is an uneven distribution of economic development and geographical division of labor in the world.
Which of the following explains the spatial patterns of economic development for most countries in Southeast Asia, including Indonesia, Malaysia, Thailand, and Vietnam?
Most Southeast Asian countries are considered to be part of the semiperiphery because of the extensive growth of the secondary economic sector.
Country | GenderInequalityIndex | GDP per Capita(United States dollars) |
Spain | 0.080 | 28,157 |
Kuwait | 0.270 | 29,040 |
Which of the following statements is most consistent with the data shown in the table?
There are a large number of women in the Spanish legislature, but few women have been elected in Kuwait.
HDI Ranking | Country | HDI | GII | GII Ranking |
1 | Norway | 0.95 | 0.048 | 8 |
2 | Switzerland | 0.94 | 0.039 | 1 |
3 | Australia | 0.94 | 0.109 | 25 |
4 | Ireland | 0.94 | 0.109 | 25 |
5 | Germany | 0.94 | 0.072 | 16 |
6 | Iceland | 0.94 | 0.062 | 11 |
7 | Sweden | 0.93 | 0.044 | 3 |
8 | Singapore | 0.93 | 0.067 | 8 |
9 | Netherlands | 0.93 | 0.044 | 3 |
10 | Denmark | 0.93 | 0.040 | 2 |
Which of the following conclusions is best supported by the data shown in the table?
Countries with the highest HDI rankings do not necessarily have the highest rates of women’s labor-market participation.
HDIRanking | Country | HDI | GII | GII Ranking |
1 | Norway | 0.95 | 0.048 | 8 |
2 | Switzerland | 0.94 | 0.039 | 1 |
3 | Australia | 0.94 | 0.109 | 25 |
4 | Ireland | 0.94 | 0.109 | 25 |
5 | Germany | 0.94 | 0.072 | 16 |
6 | Iceland | 0.94 | 0.062 | 11 |
7 | Sweden | 0.93 | 0.044 | 3 |
8 | Singapore | 0.93 | 0.067 | 8 |
9 | Netherlands | 0.93 | 0.044 | 3 |
10 | Denmark | 0.93 | 0.040 | 2 |
Australia, Ireland, and Germany have the highest GII values in the table shown. What do these countries' high GII values indicate when compared to their HDI values?
These countries have less gender equality despite high levels of education and health care.
Which of the following explains a significant obstacle to sustainable development in more developed countries?
The reliance on fossil energy sources for electric generation and vehicle fuel has depleted resources globally and contributed to atmospheric pollution in cities.
The country of Costa Rica has protected 25 percent of its land in the form of national parks or other protected areas. Which of the following best explains the desired effect of Costa Rica's process of land preservation?
Costa Rica's national parks and preserved areas are intended to promote international ecotourism and support the country's sustainable local economic development.
Which of the following explains a negative effect that can occur in countries that depend on ecotourism as a pathway to sustainable economic development?
The development of ecotourism can attract multinational tourism corporations that take their earnings out of the country while attracting tourists who impact the local environment.
What makes up the economic sector of Mexico?
65% Service, 25%, manufacturing, 10% agriculture
Rural to urban migrants typically work in what sector of the economy because they can’t find jobs yet?
Informal sector like making things by hand and bringing it to a local market. Cities don’t have farms to work in the primary sector.
What is a common economic strategy developing countries after independence adpot to limit their former coloners from exploting them?
Strict barriers for international trade, protecting strategies where the country can produce items on it’s own without needing any help.
What are one of the events that was a early form of globalization?
European colonization
What’s a common economic strategy periphery countries use that provides significant employment opportunities?
Manufacturing products in export processing zones where many women work at, and it’s strategic because it provides employment opportunities.
What is the best purpose of the European Union?
A organization who’s focus is on easy flow of goods, services, and people among member nations.
What does deindustrilization focus mainly on?
The story of a loss of jobs than a loss of industries/productivity.