Globalization and Development Review Questions - 1739 Verified Questions

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Globalization and Development Review Questions

Course Introduction

This course examines the complex relationship between globalization and development, analyzing how the increased interconnectedness of economies, societies, and cultures impacts growth, inequality, and social change in various parts of the world. Through a multidisciplinary lens, students will explore key theories, historical processes, and contemporary issues such as trade, migration, international institutions, foreign aid, and global governance. The course also critically evaluates the benefits and challenges that globalization presents to developing countries, considering topics like poverty, environmental sustainability, and cultural identity. By the end of the course, students will have a nuanced understanding of the dynamics shaping global development in the 21st century.

Recommended Textbook

The World Economy Geography Business Development 6th Edition by Frederick P. Stutz

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14 Chapters

1739 Verified Questions

1739 Flashcards

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Chapter 1: Economic Geography: An Introduction

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72 Verified Questions

72 Flashcards

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Sample Questions

Q1) What is a "real-time information system"?

A) one that is cost effective

B) one that makes information available as it happens

C) a system linked to major world cities

D) a system that divides the world into haves and have-nots

E) a system that is rapidly outdated

Answer: B

Q2) In what decade did the Soviet bloc collapse and disappear?

A) 1950s

B) 1960s

C) 1970s

D) 1990s

E) 2000s

Answer: D

Q3) ________ ________ attempts to explain and predict geographic decisions that result from aggregates of individual decisions,such as those that underlie the locations of companies and households.

Answer: Location theory

Q4) The international economic system is synonymous with the ________ ________.

Answer: world economy

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Chapter 2: The Historical Development of Capitalism

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Sample Questions

Q1) Capitalism now dominates virtually the entire globe.

A)True

B)False

Answer: True

Q2) Britain was the first country to industrialize.What is NOT an advantage of Britain stated by the authors of the text?

A) Britain had already enjoyed a network of long-distance trade relations with its colonies.

B) Agriculture in Britain was advanced.

C) Britain had large deposits of coal.

D) The British monarchy supplied many of the early industrial inventions.

E) The steam engine was invented in Britain.

Answer: D

Q3) The ________ ________ forced the British crown to assume direct control over this land rather than administer it through the East India Company.

Answer: Sepoy Rebellion

Q4) In a capitalist system,the incentive of producers to sell goods and services is

Answer: profit

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Chapter 3: Population

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Sample Questions

Q1) What is the primary factor that explains migration?

A) climate

B) economic incentives

C) historical circumstances

D) stage of the life-cycle (retirement, etc.)

E) supply curves

Answer: B

Q2) Which is NOT TRUE?

A) Major differences occur in the wages paid among various regions of the United States.

B) Major differences occur in the wages paid among various countries in Europe.

C) Cultural differences are important to understanding migration.

D) Economic forces will lead to an eradication of wage inequities throughout the world.

E) The availability of work and wage rates account for major labor flows throughout the world.

Answer: D

Q3) Deaths from infectious diseases are generally lowest in the ___ stage of the Demographic Transition.

Answer: 4th

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5

Chapter 4: Resources and Environment

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186 Flashcards

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Sample Questions

Q1) Civil wars are frequent in developing countries that were formerly colonized,and often devastate crop production.

A)True

B)False

Q2) The cultivation of food fish is also known as ________.

Q3) The Green Revolution depends on several factors for success.What is NOT one of those?

A) machinery

B) new seeds

C) chemical fertilizers

D) small-scale farming

E) all of the above are factors needed to succeed

Q4) Which region is not threatened by desertification?

A) Africa

B) Asia

C) Australia

D) North America

E) All of the above are threatened by desertification.

Q5) The sum of mass of living beings,mostly plants,in a given place at a particular time is called ________.

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Chapter 5: Theoretical Considerations

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Sample Questions

Q1) The tendency to continue investing in a nonoptimal site even if more optimal locations exist is called ________ ________.

Q2) The largest proportion of U.S.federal government tax revenues come from

A) social insurance payroll tax.

B) individual income tax.

C) excise taxes.

D) corporate income tax.

E) other taxes.

Q3) One of the world's largest region for producing computer software is

A) Research Triangle Park (NC).

B) Emilia-Romagna (Italy).

C) Silicon Valley (CA).

D) Route 128 (Boston).

E) Badden-Wurtenburg (Germany).

Q4) At the local level,labor availability and cost are the most important locational factors affecting firms' location decisions.

Q5) A ________ structure is a form of organizational orientation that is a combination of at least two or more of the basic formats of organizational orientation.

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Chapter 6: Agriculture

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130 Flashcards

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Sample Questions

Q1) According to your text,in general,which poses the main danger to the environment?

A) emissions from coal burning

B) industrialized farming

C) desertification

D) subsistence farming

E) none of the above

Q2) Rice

A) was domesticated in East Asia more than 7000 years ago.

B) is used almost totally for human consumption.

C) is the primary diet ingredient for over 2 billion people.

D) all of the above

E) B and C only

Q3) Worldwide,just a handful of farm types exist.

A)True

B)False

Q4) Most cropping systems in the U.S.rely on corn because it is the crop with the highest value.

A)True

B)False

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Chapter 7: Manufacturing

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Sample Questions

Q1) Subcontracting and the shifting of work to other locations and firms outside the principal corporation is known as outsourcing.

A)True

B)False

Q2) Agglomeration economies accounted for the manufacturing activity in the North American Manufacturing Belt.

A)True

B)False

Q3) All of the following have helped to make Japan one of the world's most successful economies,EXCEPT

A) a well-educated population.

B) a strong work ethic and collective commitment.

C) government support.

D) plentiful human resources.

E) plentiful natural resources.

Q4) When flour is turned into bread this is an example of value added by manufacturing.

A)True

B)False

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Page 9

Chapter 8: Services

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Sample Questions

Q1) What two institutions were most affected by the deregulation of banking in the U.S.that occurred in 1982?

A) World Bank and International Monetary Fund

B) Commercial Banks and Savings Banks

C) Commercial Banks, and Savings and Loans Institutions

D) Savings Banks and Insurance

E) Credit Unions and Offshore Banks

Q2) Professional service providers generate high incomes while non-skilled and low-skilled service providers make low wages; this condition is described as bifurcated.

A)True

B)False

Q3) Which country pays more per capita on health care?

A) Japan

B) Germany

C) United Kingdom

D) U.S.

E) China

Q4) The purchase of a service by a firm rather than producing it in-house is called

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Chapter 9: Transportation and Communications

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100 Flashcards

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Sample Questions

Q1) A maglev is/does all of the following EXCEPT

A) a magnetically elevated train.

B) cruises on a cushion of air at high speeds on a detached right-of-way.

C) state of the future in ground transportation systems.

D) produces little or no air pollution.

E) four times as efficient as automobiles.

Q2) Transportation policy in the U.S.shifted to deregulation and privatization in the 1950s.

A)True

B)False

Q3) The fundamental principle governing international aviation is that States have sovereign control over their own air space.

A)True

B)False

Q4) ________ is electronic transactions between businesses and consumers or among businesses.

Q5) The principle of underlying distance decay is friction of distance.

A)True

B)False

Q6) Transport costs that are a function of the distance involved are ________ costs.

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Chapter 10: Cities and Urban Economies

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Sample Questions

Q1) Global cities are the largest in terms of population.

A)True

B)False

Q2) Set of changes caused by the multiplier effect include all of the following EXCEPT

A) direct effects.

B) indirect effects.

C) induced effects.

D) all of the above

E) direct and indirect effects only

Q3) Inner-city dwellers who also are unskilled,poorly educated,chronically unemployed,and often unemployable are called an urban ________.

Q4) The basic sector in cities is ________ -oriented.

Q5) Moving out to the suburbs is associated with A) becoming a farmer.

B) downward social mobility.

C) greater economic risk.

D) changing employers.

E) upward social mobility.

Q6) Cities that are distant from downtown are called ________ cities.

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Chapter 11: Consumption

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Sample Questions

Q1) In what period did average satisfaction levels in the U.S.peak?

A) 1920s ("Roaring Twenties")

B) 1950s (era of "Leave It To Beaver")

C) 1960s (Vietnam era)

D) 1980s (Reagan era)

E) U.S. satisfaction levels are at their highest peak now.

Q2) The exchange value of commodities,as posited by Marx,is their qualitative,subjective dimension.

A)True

B)False

Q3) The economically developed part of the world consumes about 40% of the world's paper.

A)True

B)False

Q4) Where do most of the cheap goods that we consume come from?

A) modern factories where workers have benefits

B) state-of-the-art manufacturing centers where robotics do most of the work

C) farm fields

D) sweatshops

E) oil refineries

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Chapter 12: International Trade and Investment

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Sample Questions

Q1) Where does barter or countertrade occur today?

A) in modernizing markets in developing countries

B) in growing markets in newly industrializing countries

C) in traditional markets in underdeveloped countries

D) in post-industrial markets in the industrially advanced countries

E) in capitalist markets in industrial countries

Q2) The most important aspect of the WTO to the U.S.concerns ________ ________ ________ in which the U.S.has a strong competitive advantage.

Q3) What is the primary reason for a firm to "go international" (i.e.,engage in foreign direct investment)?

A) avoid government regulations

B) increase markets

C) profit

D) keep pace with competitors

E) win hearts and minds

Q4) The U.S.dollar was strongest in the mid 1980s.

A)True

B)False

Q5) The largest exporter of cars and trucks to the U.S.is ________.

Q6) The unified currency of the European Union is the ________.

Page 14

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Chapter 13: International Trade Patterns

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120 Flashcards

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Sample Questions

Q1) The largest trading block in the world is the ________ ________.

Q2) In terms of dollar value,services are the smallest category of world exports today.

A)True

B)False

Q3) East and Southeast Asia have the largest percent of world GDP in trade.

A)True

B)False

Q4) More than 70% of U.S.exports are

A) agricultural products.

B) mining products.

C) manufactured items.

D) transportation.

E) commercial services.

Q5) Japan owes its economic success to its abundance of natural resources.

A)True

B)False

Q6) In Mexico,usually foreign-owned assembly plants,for the production of textiles,electronics,automobiles,and other goods for export are known as ________.

Q7) ________ account for the single largest flow of trade within the EU.

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Chapter 14: Development and Underdevelopment in the Developing World

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123 Verified Questions

123 Flashcards

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Sample Questions

Q1) What underdeveloped world region has economies that rely on low-priced primary-sector goods for export,such as coffee,bananas,orange juice,beef,soybeans,and mineral ores?

A) East Asia (excluding Japan)

B) Latin America

C) Middle East and North Africa

D) South Asia

E) none of the above regions rely on these exports

Q2) Today,the vast bulk of the world's urban growth is in

A) the developed world.

B) the developed world, especially Europe.

C) the developed world, especially North America.

D) the developing world.

E) the developing world, especially in island countries.

Q3) Export-led industrialization is a trade strategy,now largely discredited,that puts high tariffs on imports as a way to stimulate domestic production of goods.

A)True

B)False

Q4) ________ ________ ________ is a more meaningful measure of income than GDP.

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