Exam 11: Industry

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Which of the following countries has the world's largest supply of low-cost labor and the world's largest market for many consumer products?

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

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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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What are site factors and why are they important?

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The distribution of steelmaking in the United States demonstrates that when the source of inputs or the relative importance of inputs changes,the optimal location for the industry remains the same.

(True/False)
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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.

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Figure 11.7.2: Earned Annual Income (Males) Figure 11.7.2: Earned Annual Income (Males)   -Which of the following is a prominent example of an industry that generally requires less-skilled,low-cost workers? -Which of the following is a prominent example of an industry that generally requires less-skilled,low-cost workers?

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Where in the United States are car assembly plants and parts makers distributed,and why?

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Trucks are most often used for short-distance delivery because they can be loaded and unloaded quickly and cheaply.

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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.

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Chrysler,Ford,and General Motors are known as the Detroit 3 because their headquarters,research facilities,and all their assembly plants are clustered in the Detroit area.

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What are some of the factors that would influence a firm to locate close to its market?

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A ________ is one in which wages and other compensation paid to employees constitute a high percentage of expenses.

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The North Atlantic Free Trade Agreement (NAFTA),which became effective in 1994,eliminated most barriers to moving goods between Mexico and the United States.

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Carmakers' assembly plants account for around ________ percent of the value of the vehicles that bear their names,with ________ percent coming from outsourced,independent parts makers.

(Multiple Choice)
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Airplanes are normally the most expensive mode of transport,so they are usually reserved for transporting expensive heavy equipment over long distances to make it cost effective.

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Containerization has facilitated transfer of packages between modes at break-of-bulk points because they may be packed onto a rail car,transferred quickly to a container ship to cross the ocean,and unloaded onto trucks or rail cars at the other end.

(True/False)
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Figure 11.7.2: Earned Annual Income (Males) Figure 11.7.2: Earned Annual Income (Males)   -In which of the following countries did male workers earn the least amount of money annually? -In which of the following countries did male workers earn the least amount of money annually?

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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.

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Just-in-time delivery means that producers have less inventory to cushion against disruptions in the arrival of needed parts.

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