Exam 11: Industry

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Which of the following is true of plants that manufacture car parts in the United States?

(Multiple Choice)
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If products are more expensive to transport than inputs, the optimal location for a factory is near the source of inputs.

(True/False)
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Which of the following regions in the United States is the country's second-largest furniture producer, and a major food-processing center?

(Multiple Choice)
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Within auto alley, U.S.-owned carmakers and suppliers have clustered in Michigan and nearby northern states, whereas foreign-owned carmakers and parts suppliers have clustered in the central and southern portions of auto alley.

(True/False)
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During the mid-nineteenth century, the U.S. steel industry concentrated around ________ in an area proximate to iron-ore and coal mines.

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Which one of the following countries dominated world production of steel and textiles during the nineteenth century?

(Multiple Choice)
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The Industrial Revolution was a series of improvements in industrial technology that transformed the process of manufacturing goods.

(True/False)
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An airplane-parts manufacturer adjacent to airplane manufacturing companies is an example of which of the following?

(Multiple Choice)
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According to the International Labor Organization (ILO) of the UN, about 150 million people are employed in manufacturing around the world.

(True/False)
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The financial analysis firm Goldman-Sachs believe that the following countries are expected to dominate global manufacturing during the twenty-first century.

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Which one of the following industries was not directly impacted by the onset of the Industrial Revolution?

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A labor-intensive industry is one in which wages and other compensation paid to employees constitute a very small percentage of expenses.

(True/False)
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A beverage bottling plant would be an example of the which of the following?

(Multiple Choice)
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An industry in which the inputs weigh more than the final products is a bulk-gaining industry.

(True/False)
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China's steel industry has grown in spite of a lack of access to the primary inputs of iron ore and coal.

(True/False)
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The share of U.S. sales accounted for by the Detroit 3 has declined from ________ percent in 1995 to ________ percent in 2010.

(Multiple Choice)
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Which of the following modes of transportation are most often used for short-distance delivery because they can be loaded and unloaded quickly and cheaply?

(Multiple Choice)
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Which of the following is true of manufacturing jobs in the U.S.?

(Multiple Choice)
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Globally, China and India alone account for nearly 90 percent of the world's woven cotton fabric production.

(True/False)
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In the making of yarn, historically, natural fibers were the sole source, but today synthetics account for three-fourths of world thread production.

(True/False)
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