UNIT SIX REVIEW:UNIT SIX REVIEW: ECONOMIC DEVELOPMENT (DEVELOPMENT,

INDUSTRY)

100100

Industry

100

Less Developed

Regions

More Developed

Regions

100

Development Strategies

200

300

400

500500

400

300

200

500500

400

300

400

300

500

400

300

500

400

300

200 200 200 200

100100

?Development Indicators

LESS DEVELOPED REGIONS – 100

Question:

People in this region are more likely to live in urban areas than people in

other less developed regions.

Answer:Latin America

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LESS DEVELOPED REGIONS – 200

Question:Within a few years this region is projected to

exceed the United States as the world’s largest economy, although the U.S. economy

would still be much larger on a per capita basis.

Answer:China

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LESS DEVELOPED REGIONS – 300

Question:The only one of the nine major world regions

that enjoys a trade surplus. This region displays a wide gap between it’s most and

least developed countries.

Answer:Middle East

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LESS DEVELOPED REGIONS – 400

Question:The fundamental problem for many countries in this region is a dramatic imbalance between the number of inhabitants and the capacity of the

land to feed the population. It has the least favorable prospect for

development and economic conditions have deteriorated in recent years.

Answer:Sub-Saharan Africa

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LESS DEVELOPED REGIONS – 500

Question:

The world’s leading producer of jute, peanuts, sugarcane, and tea can be found in this

region. The region has the world’s second-highest population and second-lowest per

capita income.

Answer:South Asia

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INDUSTRY – 100

Question:Where did the Industrial Revolution originate?

Answer:Great Britain (Northern England)

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INDUSTRY – 200

Question:What is a bulk-gaining industry, and provide an

example?

Answer:A bulk-gaining industry makes something that

gains volume or weight during production. (cola)

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INDUSTRY – 300

Question:What are the three major site factors for

location of industry?

Answer:Land, labor, and capital

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INDUSTRY – 400

Question:What is a break-of-bulk point, and what

are the two most important break-of-bulk points?

Answer:A break-of-bulk point is a location where

transfer among transportation modes is possible.

airports and seaports

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INDUSTRY – 500

Question:What are the two most important reasons for a

transnational corporation locating factories in other countries?

Answer:To expand their markets, and to reduce their

production costs. (labor)

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DEVELOPMENT STRATEGIES – 100

Question:Name one of the two major lending

organizations for less developed countries.

Answer:World Bank

International Monetary Fund (IMF)

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DEVELOPMENT STRATEGIES – 200

Question:What is the approach where a country spreads

investment as equally as possible across all sectors of its economy, and in all regions.

Answer:Self-sufficiency Approach

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DEVELOPMENT STRATEGIES – 300

Question:Describe the International Trade

approach to development.

Answer:A country should identify its distinctive or

unique economic assets. A country can develop economically by concentrating

scarce resources on expansion of its distinctive local industries.

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DEVELOPMENT STRATEGIES – 400

Question:What are the two major problems with the Self-

sufficiency approach to development?

Answer:It protects inefficient industries.

It creates a large bureaucracy that encourages abuse and corruption.

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DEVELOPMENT STRATEGIES – 500

Question:List two of the three problems with the

International Trade approach to development.

Answer:Uneven resource distribution

Market stagnation

Increased dependence on MDCsReturn

MORE DEVELOPED REGIONS – 100

Question:Was once the world’s major producer, but in the past quarter century Japan, Western

Europe, and less developed countries have eroded this

region’s dominance.

Answer:Anglo-America

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MORE DEVELOPED REGIONS – 200

Question:Because the region’s peripheral areas lag somewhat in development, this region as a

whole has a slightly lower development level than Anglo-America.

Answer:Western Europe

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MORE DEVELOPED REGIONS – 300

Question:The only region where the HDI has declined significantly since the United Nations created

the index in 1990.

Answer:Eastern Europe

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MORE DEVELOPED REGIONS – 400

Question: With one of the highest physiological densities, this region’s development is

especially remarkable because it has an extremely unfavorable ratio of population to

resources.

Answer:Japan

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MORE DEVELOPED REGIONS – 500

Question:Increasingly, this region’s economies are

tied to Japan and other Asian countries. Though the HDIs of it’s two largest countries are comparable to other MDCs, the region’s remaining

people are scattered among sparsely inhabited islands that generally are

less developed.

Answer:The South Pacific Return

DEVELOPMENT INDICATORS – 100

Question:Why are infant mortality rates much higher in

LDCs?

Answer:malnutrition, lack of medicine, or poor

medical practices

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DEVELOPMENT INDICATORS – 200

Question:What is the problem with having a high natural

increase rate (NIR)?

Answer:Greater natural increase strains a country’s ability to provide services that can make its

people healthier and more productive.

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DEVELOPMENT INDICATORS – 300

Question:Compare crude birth rates and crude death

rates in MDCs and LDCs.

Answer:Crude birth rates are much higher in LDCs but

crude death rates are about the same.

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DEVELOPMENT INDICATORS – 400Question:

What does this map tell you about the importance of gender and education for development?

Answer:Areas were there is gender balance or more girls in school, tend to be

more developed.

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DEVELOPMENT INDICATORS – 500

Question:Based on the GEM of the darkest red countries, what would one expect of their per capita GDP and why?

Answer:The per capita GDP should be

high because a high GEM indicates more educated and empowered women

which usually contributes to a greater level of economic

development.

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? – 100

Question:The value of the total output of goods and

services produced in a country in a given time period. (normally one year)

Answer:Gross Domestic Product (GDP)

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? – 200

Question:Indicator of level of development for each

country, constructed by United Nations, combining income, literacy, education, and

life expectancy.

Answer:Human Development Index (HDI)

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? – 300

Question:What are the three world industrial regions?

Answer:North America, Europe, East Asia

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? – 400

Question:Economic policies imposed on less developed countries by international

agencies to create conditions encouraging international trade, such as raising taxes, reducing government spending, controlling inflation, selling

publicly owned utilities to private corporations, and charging citizens

more for services.

Answer:Structural Adjustment Programs

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? – 500Question:

According to the international trade model, each country is in one of five stages of development. Name each

of W.W. Rostow’s five stages of development.

Answer:

1. The traditional society

2. The preconditions for takeoff

3. The takeoff

4. The drive to maturity

5. The age of mass consumption

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