Exam Questions & Answers (Grade
A+)
Industrialized Countries -
correct answer ✅Those countries that were all at the forefront of
industrial production and innovation through the middle of the
20th century. These countries still account for a large portion of the
world's total industrial output.
Least-Cost Theory -
correct answer ✅A concept developed by Alfred Weber to
describe the optimal location of a manufacturing establishment in
relation to the costs of transport and labor, and the relative
advantages of agglomeration or deglomeration
Manufacturing Region -
correct answer ✅A region in which manufacturing activities have
been clustered together
Maquilladoras -
correct answer ✅Cities where US firms have factories just outside
the United States-Mexican border in areas that have been
specifically designated by the Mexican Governemnt
, Ap Human 7B (Barron's 9th Edition)
Exam Questions & Answers (Grade
A+)
Microlending -
correct answer ✅A provision of small loans to poorer people,
typically women, to encourage the development of small
businesses that are often community-oriented
Net National Product -
correct answer ✅A measure of all goods and services produced by
a country in a year, including production from its investments
abroad
Non-renewable resources -
correct answer ✅Natural resources, such as fossil fuels, that do
not replenish themselves in a time frame that is relevant for human
consumption
Offshore Financial Centers -
correct answer ✅Areas that have been specially designed to
promote business transactions, and thus have become centers for
banking and finance