Industrial & Economic Development unit test
A test on this unit alone, marked as a percentage and a letter grade — for the test your class is actually sitting, rather than for May. Answer everything, then submit once: seeing the answer to question 3 before attempting question 4 makes the final percentage meaningless.
Rostow's stages of growth
Criticisms of Rostow
Gender Inequality Index
Fordism and post-Fordism
Bulk-reducing vs bulk-gaining industry
Primary, secondary, tertiary, quaternary, quinary sectors
Agglomeration and deglomeration
Human Development Index
Dependency theory
Just-in-time delivery
Gross Domestic Product per capita
Wallerstein's world systems theory
Short answer 1. Define or explain: Sustainable development
3 ptsShort answer 2. Define or explain: Weber's least cost theory
3 ptsShort answer 3. Define or explain: Industrial Revolution diffusion
3 ptsShort answer 4. Define or explain: Microfinance
3 ptsFree response
5 ptsIn recent decades, many manufacturing jobs have relocated from developed countries (like the US) to newly industrialized countries (NICs).
Identify this economic process.
Explain TWO reasons why multinational corporations choose to relocate their manufacturing facilities to NICs.
Describe ONE negative impact of this relocation on the developed country.
Describe ONE positive impact of this relocation on the NIC.