Mod 58 MCQ Quiz
Quiz by Hannah Tapp Thomas
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
- Q1
Which of the following is NOT a characteristic of Fordism?
high wages in manufacturing employment
high rates of temporary employment
high rates of union membership
high levels of mass consumption
assembly-line production
120s - Q2
Which of the following is an example of offshoring?
A company invests in another company based in another country.
A company decides to sell a factory and its contents.
A company hires an accounting firms to keep its books.
A company builds a factory in another country.
A company moves its headquarters to a new city.
120s - Q3
Which of the following regarding the high-technology sector is not true?
It has created new manufacturing jobs in the US.
Its market capitalization is among the highest of all sectors.
It has strong multiplier effect.
It is a good example of agglomeration economies.
It requires a highly educated, highly skilled workforce.
120s - Q4
If a country designates an area inside its borders where goods manufactured for export pay no cus-toms duties, it is most likely called
a manufacturing center
a special economic zone
a global production network
a free-trade zone
an export processing zone
120s - Q5
Which of the following would be considered a "Rust Belt" city?
Atlanta, GA
Detroit, MI
Los Angeles, CA
Las Vegas, NV
Dallas, TX
120s - Q6
The high-tech firms of Silicon Valley in California are clustered together to take advantage of
cheap labor
economies of scale
access to markets
agglomeration effects
high-speed transportation
120s - Q7
A clustering of doctor’s offices and pharmacies near hospitals is BEST explained by the benefits of
decentralization
agglomeration
intervening opportunity
balkanization
enfranchisement
120s - Q8
Often a manufacturing company will attempt to merge with another company that possesses forward or backward links in the supply or production process. Which of the following terms best describes this type of strategy?
vertical integration
transnational corporation
privatization
agglomeration
economies of scale
120s - Q9
Which of the following has contributed most to the deindustrialization of regions like the English Midlands and the North American Manufacturing Belt?
the increased percentage of women in the labor force
competition from foreign imports
environmental legislation
the formation of free trade associations
the decline of labor unions
120s - Q10
Which of the following processes explains the change in coal miners employed in the United States from 1950 to 2000?
technological diffusion
just-in-time production
industrial revolution
devolution
deindustrialization
300s - Q11
Which of the following is the primary geographic effect of the globalization of the economy?
Countries have greater control over economic activity within their borders.
More Local ownership makes industries less likely to move.
Production is increasingly concentrated in the Manufacturing Belt of the United States
Production is increasingly concentrated in the Rhine-Ruhr Valley of Europe.
Production is shifted to low-cost locations in developing countries.
120s - Q12
Which of the following statements best explains a limitation of the political map shown in conveying economic information?
In the context of currency, the borders between the member states are irrelevant.
In the context of free trade, the borders between the member states are irrelevant.
In terms of an international division of labor, there are no variations in wage rates across the borders of member states.
In terms of consumer prices, there are no variations in price amounts across the borders of member states.
In terms of manufacturing, there are no variations in production costs across the borders of member states.
300s - Q13
Which of the following sectors of the economy has grown the fastest in the United States since the mid-1970s?
service
agriculture
retail
manufacturing
military
120s - Q14
The map shows the locations of world financial, banking, and investment centers. Which of the following best explains a limitation of the map’s representation of global economic patterns?
The map does not show major population centers located in the Southern Hemisphere.
The map does not show the locations of export processing zones in more developed countries.
The map does not show the growth of investment in businesses in less developed countries.
The map does not show growth poles that stimulate regional economic activity.
The map does not show the environmental pollution associated with industrial cities.
300s - Q15
The Internet is reshaping traditional economic arrangements by
reinforcing the dominance of the central business district for retail sales
expanding the importance of express package delivery systems
increasing the importance of rail transportation as compared to truck transportation
bringing consumers and producers into face-to-face contact
creating more enclosed shopping malls
120s
