Exam 7: Geographies of Economic Development

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Match the economic activity to its economic sector. -Banking in Switzerland

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Countries whose economies are dominated by primary-sector activities tend to have a relatively low per capita GDP.The exceptions are

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Most of the daily international flow of money is due to

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The process of regional economic growth through cumulative causation leads to

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Match the economic activity to its economic sector. -Dairy farming in Canada

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__________ have contributed to deindustrialization in the Manufacturing Belt and its corrosion into the Rust Belt.

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Quaternary economic activities are most prevalent in the

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The goal of the Fair Trade movement is to

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  -Oslo is the capital of the country labeled with which number? -Oslo is the capital of the country labeled with which number?

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Postindustrial societies have the majority of their work force engaged in tertiary and quaternary activities.

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According to W.W.Rostow's model of economic development,in order for a country to be ready for "take-off" it must have

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________ over the last 30 years has been caused by four important and interrelated factors: a new international division of labour,a new technology system,a homogenization of international consumer markets,and an internationalization of finance.

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First give a detailed description of the basic assumptions and stages of Rostow's model of economic development.Then analyze the strengths and weaknesses of the model.

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Level of education and availability of educational opportunities have a strong impact on a country's ability to have a strong economy.

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The cost savings and/or advantages that individual firms get when they are located in the same area as other firms of the same industry is known as a(n)________ economy.

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Agglomeration effects

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The beneficial feature of economic development is that it is even across space.

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The assumptions of the Rostow model fit the experience of all regions of the world.

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Eco- and alternative tourism are part of what some people are now starting to see as the most recent phase in the progression of economic organization - the production of

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Transnational companies are those that are involved in

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