Reference no: EM133082208
1. In discussing the difference between homogeneous functional and regions name a key characteristic of the homogeneous region.
A. The majority of the population in the region owns a vehicle.
B. Beside containing a large population center or node It shares the same relative population per square mile.
C. There is one major economic output produced in the region
D. Election outcomes are hotly contested
E. No answer text provided.
2. Again, referring to the OMB memo, what is the relationship between an MSA and a Metropolitan Division?
A. Metro Divisions are smaller than a county
B. All MSAs have a Metro Division but not all Metro Divisions have an MSA
C. Metro Division is another name for an MSA
D. Metro Divisions are subsets of MSAs but not all MSAs have Metro Divisions
3. Vertical integration refers to locating stages of the production process physically close together. During the early part of the 20th century automobile manufacturers concentrated on building cars near sources of raw materials (steel, glass, rubber) in the Midwest region of the U.S. This is an example of:
A. Discontinuous specialization
B. Continuous specialization
C. Backward linkage
D. Forward linkage
4. Later on car manufacturing was decentralized and auto plants were built on the East Coast and West Coast of the U.S. in order to better serve consumer demand. This is an example of:
A. Discontinuous specialization
B. Forward linkage
C. Backward linkage
D. Continuous specialization
5. Why are basic industries thought to be more conducive to economic growth?
A. Because the basic sector exports goods and generates employment and spending locally
B. Because the employ more people per unit of capital
C. Because the basic sector both develops human capital and exports labor
D.Because meeting basic needs is essential to economic growth and basic goods accomplish that
6. What strategy complements a basic goods approach?
A. Import expansion
B. Import substitution
C. Money multiplier
D. Import accelerator