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Unit 6 - Understanding Economic Concepts and Theories

The following activity is voluntary. You will have five opportunities to submit an answer.

Question 1

Short answer

Explain an example of agglomeration.

Question 2

Short answer

Explain an example of a break-of-bulk point.

Question 3

Short answer

Explain an example of commodity dependence.

Question 4

Short answer

Explain an example of comparative advantage.

Question 5

Short answer

Explain an example of complementarity.

Question 6

Short answer

Explain an example of a core country.

Question 7

Short answer

Explain an example of dependency theory.

Question 8

Short answer

Explain an example of economic restructuring.

Question 9

Short answer

Explain an example of economies of scale.

Question 10

Short answer

Explain an example of an export-processing zone.

Question 11

Short answer

Explain an example of the formal economic sector.

Question 12

Short answer

Explain an example of a free trade agreement.

Question 13

Short answer

Explain an example of a free-trade zone.

Question 14

Short answer

Explain an example of the Gender Inequality Index (GII).

Question 15

Short answer

Explain an example of a global financial crises (e.g., debt crises).

Question 16

Short answer

Explain an example of globalization.

Question 17

Short answer

Explain an example of Gross Domestic Product (GDP).

Question 18

Short answer

Explain an example of Gross National Income (GNI) per capita.

Question 19

Short answer

Explain an example of Gross National Product (GNP).

Question 20

Short answer

Explain an example of growth poles.

Question 21

Short answer

Explain an example of high technology industries.

Question 22

Short answer

Explain the Human Development Index.

Question 23

Short answer

Explain an example of indices of empowerment.

Question 24

Short answer

Explain an example of industrialization.

Question 25

Short answer

Explain an example of the informal economic sector.

Question 26

Short answer

Explain an example of the international division of labor.

Question 27

Short answer

Explain an example of just-in-time delivery.

Question 28

Short answer

Explain an example of labor-market participation.

Question 29

Short answer

Explain an example of least cost theory.

Question 30

Short answer

Explain an example of manufacturing zones.

Question 31

Short answer

Explain an example of mass consumption.

Question 32

Short answer

Explain an example of microloans.

Question 33

Short answer

Explain an example of multiplier effects.

Question 34

Short answer

Explain the significance of the Organization of Oil Producing Countries (OPEC).

Question 35

Short answer

Explain an example of outsourcing.

Question 36

Short answer

Explain an example of periphery.

Question 37

Short answer

Explain an example of post-Fordist production.

Question 38

Short answer

Explain an example of primary economic sector.

Question 39

Short answer

Explain an example of quaternary economic sector.

Question 40

Short answer

Explain an example of quinary economic sector.

Question 41

Short answer

Explain Rostow’s Stages of Economic Growth.

Question 42

Short answer

Explain an example of the secondary economic sector.

Question 43

Short answer

Explain an example of semiperiphery.

Question 44

Short answer

Explain the significance of shipping containers.

Question 45

Short answer

Explain an example of special economic zones.

Question 46

Short answer

Explain an example of sustainable development.

Question 47

Short answer

Explain an example of tariffs.

Question 48

Short answer

Explain an example of tertiary economic sector.

Question 49

Short answer

Explain an example of the UN’s Sustainable Development Goals.

Question 50

Short answer

Explain Wallerstein’s World System Theory.

Question 51

Short answer

Explain why women in the workforce is controversial.

Question 52

Short answer

Explain the significance of the World Trade Organization.

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