Industrial and Economic Development
What theory refers to the concentration of highly innovative and technically advanced industries that stimulate economic development in linked businesses and industries?
Growth Pole Theory
Site Theory
Location Theory
Demographic Transition Model
In which country are the headquarters of the European Central Bank located?
France
Germany
Belgium
Netherlands
What is one main reason for income inequality within countries?
High governmental regulation on wages and salaries
Unequal distribution of resources and opportunities
An excess supply of jobs in the market
Equal distribution of wealth among citizens
How has the global shift towards a post-industrial economy impacted urban land use in major cities?
Service industries and corporate headquarters have concentrated in central business districts, raising property values.
Urban sprawl has been reversed as people move back to rural areas due to the decline of service-oriented jobs in cities.
Agricultural sectors have expanded into urban areas, promoting mixed-use development to enhance food security.
Heavy manufacturing plants have spread out from city centers to suburban areas to minimize transportation costs.
What is a potential consequence of the continued growth of biofuel production for modern agricultural practices?
Increase in small-farmer profit margins due to targeted subsidies for biofuel crops
Reduction in cropland available for food production leading to higher food prices
Restoration of marginal lands as a result of focusing on biofuel crop cultivations
Diminished use of fossil fuels enhancing long-term environmental sustainability
What is the most significant impact of globalization on local cultures?
It always enhances local traditions and customs.
It has no effect on local cultures.
It always promotes diversity in local cultures.
It often leads to cultural homogenization.
What does outsourcing refer to?
Merging companies to achieve market expansion
Converting public services into private enterprises
Engaging local firms to improve efficiency
Calling business functions to foreign contractors

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What is one direct impact that multinational corporations can have on their host country?
They usually make host countries less attractive for tourism due to industrial pollution.
They can stimulate local economies through job creation and investment.
They often instigate political revolutions due to dissatisfaction among locals.
They typically decrease urbanization rates due to their rural locations.
How might deindustrialization affect urban landscapes?
Expansion of public transportation networks linking new industrial hubs with suburbs.
Growth in residential building projects catering to incoming industrial workers.
Rise in urban green spaces with repurposed industrial areas turned into parks.
Increased presence of abandoned factories and infrastructure decline.
Which statement is true of the countries known as the "Asian Tigers?"
These countries had a high population of tigers within their borders.
They served as the primary sources of raw materials including fuel and labor that enabled the Industrial Revolution to take place in the West.
Their huge populations served as the primary markets for the manufactured goods being produced in the West during the Industrial Revolution.
They have emerged as recent economic powers after undergoing their own industrial revolutions.