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This test is about industry according to the Rubenstein textbook.
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What part of the U.S. has the most right-to-work laws
South
How Mexico competes with China with industry
lower shipping costs to Europe and the US.
World energy % by developed/developing countries
Developed-60%
Developing-40%
Principal source of energy in various centuries
Wood- 19th century
Coal- late 19th century
Petroleum- Second half of of the 20th century
3 principal steps of textile and apparel production
-Spinning of fibers to make yarn
-Weaving or knitting of yarn into fabric
-Assembly of fabric into products
Where factories and industrial parks are located
located near suburban highway junctions
Characteristics of the 4 modes of transportation
Trucks-short distance delivery, advantageous if the truck can reach the destination within one day, before having to stop for rest
Trains-ships to destinations that take more than one day, such as the east and west coast of the U.S., takes longer to load but won't make daily stops
Ships-used to transport over very long distances, cost per kilometer is low
Airplanes-most expensive, speedy delivery
Percent of vehicles sold in the U.S.
Produced in North America-80%
Produced in Japan-10%
Produced elsewhere-10%
Know the industries impacted by Industrial Revolution
Iron, transportation, and textiles
Know what programs give loans to poor people, especially women
Microcredit
Know why companies have moved their factories out of the Rust Belt area
the south has less expensive site factories than the north
The South had less expensive site factors than northern regions
Southern regions had better access to deep water ports
The South had more advantageous relative locations.
The southerly climate was an environmental push factor
Southern culture was a social pull factor
Largest producer of steel
China
Know how government quotas have helped periphery and semi-periphery countries
They ease the flow of goods by eliminating tariffs
Know how the core countries conduct agricultural practices
Commercial farming , know everything about it
Large plots of land
Machinery
Intensive labor
What type of companies own peripheral country hotels
Transnational corporations
Know Alfred Weber’s analysis if location decision
-Manufacturing plants will locate where costs are the least, transportation is the most important cost
-Best site is where the cost to transport raw materials and finished products is the lowest
Know what exactly are maquiladoras
-factory within 35 miles from the mexican american border
-mexican women work in it
-Key factors: Proximity to US markets, Inexpensive labor, Weak regulations = environmental, labor laws
What is vertical integration
Often a manufacturing company will attempt to merge with another company that possesses forward or backwards links in the supply or production process.
Know where a business would locate its plant for weight gaining or weight losing
Bulk Gaining industries should be located closer to the market. Bulk Reducing industries should be located near raw materials and fresh resources.
What type of countries have high birth and death rates
Periphery countries such as Sub-Saharan Africa
Know the concept of just-in-time production
Companies buy or produce just what they need for short term production and order again when they need it
Know what dollarization is and where it can be found
-a country abandons its own currency and uses another country's currency
-found in developing countries
What two countries dominate textile and manufacturing and why
China and India
Understand why foreign companies would want to locate manufacturing plants in the U.S.
Lower transportation costs and better access to markets
Know what agglomeration is and examples of it in the U.S.
When a group of industries cluster for mutual benefit
Ex: Shopping Malls
High Tech Firms Silicon valleys because high tech companies such as Apple and Google cluster together to meet a benefit.
Stage 1 of Rostow Model
Traditional- primary, subsistence farming w limited technology, resistance to change\
Stage 2 Of Rostow Model
Pre-Conditions for Take Off-progressive leadership, greater flexibility-installation of infrastructure, and greater openness to technology
Stage 3 of Rostow Model
3rd stage: Take Off-Experiences industrial growth, urbanization, and industrialization, tech and mass production
Stage 4 of Rostow Model
4th stage:Drive to Maturity-Diffusion of technology, industrial specialization, International trade
Stage 5 of Rostow Model
5th stage: High Mass Consumption-Mass consumption, widespread production of goods and services, high incomes, majority of workers in service sector
What Rostow Model is based upon
-Rostows says all nations can develop, is a theory that outlines five stages of economic development that all countries must pass through to become fully developed
Know what dependency ratio is and how to analyze
The Dependency ratio is the percent of population that is too young or too old to work, so they depend on the working age
How to analyze: Compare the number of dependents (children and elderly) to the number of people of working age
Know why the now defunct Detroit Denim Jean costed so much
made in America ( Detroit), higher wages caused the jeans to be extremely expensive.
Know the most important factor for industrial location
transportation cost
Know what maquiladoras are and what they are an example of
factory within 35 miles from the mexican american border
Han Young maquiladora was a plant in Tijuana that manufactured car parts for Hyundai.
Know what country was the first to industrialize
Great Britain
What type of industries is located closest to its raw material source and analyze an example
C. Nickel smelting