Exam 7: Geographies of Economic Development

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Currently,almost all foreign direct investment goes to the world's core countries.

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While defining the concepts clearly,discuss agglomeration effects and external economies.Explain the three main ways in which external economies can be derived.

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Describe the process of creative destruction.

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The vast majority of workers in maquiladoras and Export Processing Zones are

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The various factors of commercial and industrial location all operate within complex webs of

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Commodity chains link raw materials and natural resources to finished products and end users.

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The global assembly line refers to consumer goods that are made

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Conglomerate corporations focus on providing one service or product to every potential market in the world.

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Import substitution is an important strategy for economic growth because

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"Dependency" for peripheral countries means that they are dependent on core countries for demand,investment,technology,and ________.

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In the globalization and industrialization of the world economy,"back office" functions are

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Countries establish Export Processing Zones (EPZs)to attract

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According to Andre Gunder Frank's "dependency theory" the development and prosperity of the world's core was based on the ________ of the periphery.

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Match the economic activity to its economic sector. -Automobile manufacture in Germany

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Flying smart cars are among the most important of the next generation of transportation technologies that will influence future geographies.

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This periphery country won high praise for having protected an exceptional share of its territory in biosphere and wildlife preserves.

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A country's level of economic development is most commonly measured by

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Choose one of the following examples and research and explain why it represents a localization economy: movie production in Vancouver; aerospace technology in Ottawa; or software development in Kitchener-Waterloo.

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Match the description with one or the other group of countries. -Developed Regions

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  -The above map of ________ exemplifies the core-periphery nature of today's world-system. -The above map of ________ exemplifies the core-periphery nature of today's world-system.

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