APHG Unit 7 Lesson 6 (Skill 7.7)

Presentation

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Social Studies

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12th Grade

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Practice Problem

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Easy

Eric Latimer

Used 8+ times

FREE Resource

16 Slides • 14 Questions

Multiple Choice

Why are factory jobs being outsourced to India?

Higher labor costs and lack of skilled workforce

Government incentives and tax breaks

Rising demand for products in India

Lower labor costs and access to a skilled workforce

Categorize

Options (3)

Tertiary

Quaternary

Secondary

As a country De-industrializes, how do the economic sectors change?

Increases

Decreases

Multiple Choice

Which part of America is in the "Rust Belt"?

Categorize

Options (6)

Many workers

Few workers

Low skilled workers

Highly Skilled workers

Mass production

Specialized production.

Organize these options into the right categories

FORDIST

POST-FORDIST

Multiple Choice

Which is a description of "multiplier effect"?

Decrease in final income from initial spending

Proportional increase in final income from initial spending

No change in final income from initial spending

Random fluctuation in final income from initial spending

Multiple Choice

Why is a "special economic zone" beneficial?

Attracts foreign investment and boost economic growth.

It has no impact on foreign investment or economic growth

It leads to higher taxes and stricter customs procedures

It increases unemployment and poverty

Multiple Choice

What is the advantage of using a free-trade-zone?

Reduced or eliminated tariffs, streamlined customs procedures, and increased trade opportunities

Decreased trade opportunities and limited market access

Complicated customs procedures and restrictions

Increased taxes and tariffs

Multiple Choice

What is the advantage of using an export processing zone (EPZ)?

To discourage foreign investment and hinder exports

To increase import tariffs and reduce exports

To limit economic growth and discourage international trade

To attract foreign investment and promote exports

Multiple Choice

Which of the following is True about maquiladoras?

They are agricultural farms in Mexico

They are manufacturing plants in Mexico operated by foreign companies.

They are owned and operated by Mexican government

They are located in Canada and operated by Mexican companies

Multiple Choice

Which of the following is a description of economy of scale?

The average cost per unit increases as the volume of production increases.

Economy of scale has no impact on the average cost per unit.

The average cost per unit decreases as the volume of production increases.

Economy of scale only applies to small businesses.

Multiple Choice

What is an advantage of "Just in time delivery"?

Higher risk of overstocking and understocking

Reduction in inventory costs and improved efficiency in production and delivery processes

Increased inventory costs and decreased efficiency in production and delivery processes

Multiple Choice

Which is an example of vertical integration?

A company that only operates its own suppliers

A company that only operates its own distributors

A company that has no control over its suppliers and distributors

A company that owns and operates its own suppliers and distributors.

Multiple Choice

What is an advantage of a "agglomeration"?

Increased transportation costs

No impact on cost or efficiency

increases competion and reduced transportation costs

Decreased economies of scale

Categorize

Options (3)

Clustering of similar businesses

Cooperation

Competition

Organize these options into the right categories

Growth Pole

Agglomeration

BOTH

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