Question 1

What is the informal economy?

Accepted Answer

A)  export-oriented jobs 
B)  factory jobs that are geared for domestic consumption 
C)  government-sector jobs that are secure employment 
D)  jobs that are created when foreigners invest in the developing world 
E)  variety of jobs that tend to be low-paying, like day laborers 
A)  export-oriented jobs 
B)  factory jobs that are geared for domestic consumption 
C)  government-sector jobs that are secure employment 
D)  jobs that are created when foreigners invest in the developing world 
E)  variety of jobs that tend to be low-paying, like day laborers E

Question 2

Countries that are beginning to make the transition from an agrarian society to an industrial society are known as ________ ________ ________.

Accepted Answer

newly industrializing countries

Question 3

________ is the state of being economically independent on paper but not in practice; the domination of a country's economy by foreign corporations.

Accepted Answer

neocolonialism

Question 4

What is the world's largest urban area,with approximately 36 million people?

Accepted Answer

A)  Chicago, U.S. 
B)  Moscow, Russia 
C)  Paris, France 
D)  Seoul, South Korea 
E)  Tokyo, Japan 
A)  Chicago, U.S. 
B)  Moscow, Russia 
C)  Paris, France 
D)  Seoul, South Korea 
E)  Tokyo, Japan

Question 5

What underdeveloped world region has enjoyed the most rapid rate of economic growth in the world since World War II?

Accepted Answer

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 
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

Question 6

The largest urban area in the United States is ________.

Accepted Answer

The answer of The largest urban area in the United...

Question 7

Which is NOT TRUE?

Accepted Answer

A)  Most less developed countries suffer from a lack of capital. 
B)  Increasing the amount of arable land is a strategy for development. 
C)  Barriers to saving and investing are often high in less developed countries. 
D)  Many less developed countries suffer from capital flight. 
E)  Less developed countries lack investment opportunities comparable to those opportunities in developed countries. 
A)  Most less developed countries suffer from a lack of capital. 
B)  Increasing the amount of arable land is a strategy for development. 
C)  Barriers to saving and investing are often high in less developed countries. 
D)  Many less developed countries suffer from capital flight. 
E)  Less developed countries lack investment opportunities comparable to those opportunities in developed countries.

Question 8

Capital-intensive production techniques in the developed world save labor and increase output.In less developed countries,what is the main impact of capital intensification?

Accepted Answer

A)  Governments are less responsive to the needs of the people. 
B)  Workers are displaced, eliminating critically needed jobs. 
C)  More of the budget is devoted to military spending. 
D)  Standards of living are higher. 
E)  Human capital increases. 
A)  Governments are less responsive to the needs of the people. 
B)  Workers are displaced, eliminating critically needed jobs. 
C)  More of the budget is devoted to military spending. 
D)  Standards of living are higher. 
E)  Human capital increases.

Question 9

The wages of women equal to those of men in Australia.

Accepted Answer

A) True 
 B)False

Question 10

What is the best description of activities of the primary sector?

Accepted Answer

A)  assembling raw materials and manufacturing 
B)  extraction of materials from the earth 
C)  provision of services, including wholesaling and retailing, and transportation 
D)  management of information 
E)  none of the above 
A)  assembling raw materials and manufacturing 
B)  extraction of materials from the earth 
C)  provision of services, including wholesaling and retailing, and transportation 
D)  management of information 
E)  none of the above

Question 11

What is a major reason for the low level of development in the Middle East?

Accepted Answer

A)  lack of resources 
B)  low oil prices 
C)  religious diversity 
D)  wars and conflicts 
E)  all of the above are major reasons for the low level of development in the Middle East 
A)  lack of resources 
B)  low oil prices 
C)  religious diversity 
D)  wars and conflicts 
E)  all of the above are major reasons for the low level of development in the Middle East

Question 12

What is the largest urban area in the United States? It is the second-largest urban area in the world with approximately 19 million people.

Accepted Answer

A)  Chicago 
B)  Los Angeles 
C)  Miami 
D)  New York City 
E)  Philadelphia 
A)  Chicago 
B)  Los Angeles 
C)  Miami 
D)  New York City 
E)  Philadelphia

Question 13

Casual day labor doing construction is an example of work in the informal sector.

Accepted Answer

A) True 
 B)False

Question 14

An historical process that encompasses the entire economic and social life of a nation,resulting in change for the better is known as ________.

Accepted Answer

The answer of An historical process that encompasses the entire...

Question 15

How does "brain drain" impact the underdeveloped countries?

Accepted Answer

A)  Talented people (doctors, engineers, scientists) move to the developed world. 
B)  Inadequate nutrition during childhood prevents the young from being healthy. 
C)  Schools are often unfunded, which means talents are not fully developed. 
D)  Investments in infrastructure are often poorly made and do not complement one another (an area might have running water but no electricity). 
E)  None of the above are impacts of "brain drain." 
A)  Talented people (doctors, engineers, scientists) move to the developed world. 
B)  Inadequate nutrition during childhood prevents the young from being healthy. 
C)  Schools are often unfunded, which means talents are not fully developed. 
D)  Investments in infrastructure are often poorly made and do not complement one another (an area might have running water but no electricity). 
E)  None of the above are impacts of "brain drain."

Question 16

The secondary sector of the economy is involved in natural or culturally improved resources,such as agriculture,livestock raising,forestry,fishing,and mining.

Accepted Answer

A) True 
 B)False

Question 17

When wealthy individuals and firms in LDCs invest and deposit monies in developed countries,this called ________ ________.

Accepted Answer

The answer of When wealthy individuals and firms in LDCs...

Question 18

Many measures of development incorporate income.What are other measures of development?

Accepted Answer

A)  nutrition 
B)  health 
C)  infant mortality 
D)  civil liberties 
E)  All of the above are other measures of development. 
A)  nutrition 
B)  health 
C)  infant mortality 
D)  civil liberties 
E)  All of the above are other measures of development.

Question 19

The Philippines is the only country of Southeast Asia that is mired in poverty as a result of the Spanish land grant system and endemic government corruption.

Accepted Answer

A) True 
 B)False

Question 20

What are investments in human capital?

Accepted Answer

A)  improving the infrastructure of an area, with improvements such as sewer installation and electrification 
B)  financial expenditures that result in people being able to save money for household expenses 
C)  education, health, and other social services 
D)  creation of jobs 
E)  migration movements 
A)  improving the infrastructure of an area, with improvements such as sewer installation and electrification 
B)  financial expenditures that result in people being able to save money for household expenses 
C)  education, health, and other social services 
D)  creation of jobs 
E)  migration movements

What is the informal economy?

Countries that are beginning to make the transition from an agrarian society to an industrial society are known as .

________ is the state of being economically independent on paper but not in practice; the domination of a country's economy by foreign corporations.

What is the world's largest urban area,with approximately 36 million people?

What underdeveloped world region has enjoyed the most rapid rate of economic growth in the world since World War II?

The largest urban area in the United States is ________.

Which is NOT TRUE?

Capital-intensive production techniques in the developed world save labor and increase output.In less developed countries,what is the main impact of capital intensification?

The wages of women equal to those of men in Australia.

What is the best description of activities of the primary sector?

What is a major reason for the low level of development in the Middle East?

What is the largest urban area in the United States? It is the second-largest urban area in the world with approximately 19 million people.

Casual day labor doing construction is an example of work in the informal sector.

An historical process that encompasses the entire economic and social life of a nation,resulting in change for the better is known as ________.

How does "brain drain" impact the underdeveloped countries?

The secondary sector of the economy is involved in natural or culturally improved resources,such as agriculture,livestock raising,forestry,fishing,and mining.

When wealthy individuals and firms in LDCs invest and deposit monies in developed countries,this called .

Many measures of development incorporate income.What are other measures of development?

The Philippines is the only country of Southeast Asia that is mired in poverty as a result of the Spanish land grant system and endemic government corruption.

What are investments in human capital?

Economic Geography: An Introduction

The Historical Development of Capitalism

Population

Resources and Environment

Theoretical Considerations

Agriculture

Manufacturing

Services

Transportation and Communications

Cities and Urban Economies

Consumption

International Trade and Investment

International Trade Patterns

Filters

Exam 14: Development and Underdevelopment in the Developing World

What is the informal economy?

Countries that are beginning to make the transition from an agrarian society to an industrial society are known as ________ ________ ________.

________ is the state of being economically independent on paper but not in practice; the domination of a country's economy by foreign corporations.

What is the world's largest urban area,with approximately 36 million people?

What underdeveloped world region has enjoyed the most rapid rate of economic growth in the world since World War II?

The largest urban area in the United States is ________.

Which is NOT TRUE?

Capital-intensive production techniques in the developed world save labor and increase output.In less developed countries,what is the main impact of capital intensification?

The wages of women equal to those of men in Australia.

What is the best description of activities of the primary sector?

What is a major reason for the low level of development in the Middle East?

What is the largest urban area in the United States? It is the second-largest urban area in the world with approximately 19 million people.

Casual day labor doing construction is an example of work in the informal sector.

An historical process that encompasses the entire economic and social life of a nation,resulting in change for the better is known as ________.

How does "brain drain" impact the underdeveloped countries?

The secondary sector of the economy is involved in natural or culturally improved resources,such as agriculture,livestock raising,forestry,fishing,and mining.

When wealthy individuals and firms in LDCs invest and deposit monies in developed countries,this called ________ ________.

Many measures of development incorporate income.What are other measures of development?

The Philippines is the only country of Southeast Asia that is mired in poverty as a result of the Spanish land grant system and endemic government corruption.

What are investments in human capital?

Economic Geography: An Introduction

The Historical Development of Capitalism

Population

Resources and Environment

Theoretical Considerations

Agriculture

Manufacturing

Services

Transportation and Communications

Cities and Urban Economies

Consumption

International Trade and Investment

International Trade Patterns

Filters

Countries that are beginning to make the transition from an agrarian society to an industrial society are known as .

When wealthy individuals and firms in LDCs invest and deposit monies in developed countries,this called .