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.
Neoliberalism and structural adjustment
Special economic zones and export processing zones
Microfinance
Wallerstein's world systems theory
Primary, secondary, tertiary, quaternary, quinary sectors
Sustainable development
Industrial Revolution diffusion
Gender Inequality Index
Agglomeration and deglomeration
Dependency theory
Rostow's stages of growth
Fordism and post-Fordism
Short answer 1. Define or explain: Human Development Index
3 ptsShort answer 2. Define or explain: Gross Domestic Product per capita
3 ptsShort answer 3. Define or explain: Weber's least cost theory
3 ptsShort answer 4. Define or explain: Criticisms of Rostow
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.