test 2 correction

Question 1

describe social division of labour vs vertical integration

Question 2

Energy consumption per capita is:

a) related to price of energy & climatic conditions
b) highest in certain small countries
c) positively related to econ. growth
d) sensitive to economic reasons

Answer 2

a) related to price of energy & climatic conditions
b) highest in certain small countries
c) positively related to econ. growth
d) sensitive to economic reasons

Question 3

What are Marx’s views on malthusian resource scarcity?

Answer 3

resource scarcity is socially constructed

technological innovation transcends ‘natural limits’

Question 4

How large are remittance flows compared to foreign aid?

Answer 4

Remittance = about 3x foreign aid flows

Question 5

Farmers in Java, Indonesia build terraces on steep hills because:

Answer 5

land is scarce and labour is abundant.

LLK

Question 6

3 key economic advantages of immigration?

Answer 6

-Remitttances
-Key sectors employment
-Role models

Question 7

Name an important outcome of DoL

Answer 7

deskilling of the workforce

Question 8

What does agricultural intensification mean?

Answer 8

Raising output by increasing inputs such as labor and fertilizer

Question 9

3 Outcomes of Bretton Woods Agreement (1944)

Answer 9

-regulated flows of capital across borders
-Gold standard USD
-Int’l trade more predictable

Question 10

What are downstream flows in an input-output system?

Answer 10

final stages of production proccess

Question 11

5 Key factors of british IR?

Answer 11

-history of industrial employment
-conditions in britain were ripe for tech innovations
-condensed geography
-colonies -> LLk
-internal trade barriers abolished in 1707

Question 12

Total fertility rate is….

Answer 12

avg number of children a woman would have between 15-44 yrs old

Question 13

Keynesianism (during fordism) was characterized by (4):

Answer 13

-job security
-strong state intervention in labor, finance
-negotiated compromises between capital & labor
-state-based financial spaces

Question 14

Ester boserup vs malthus on pupn & ag?

Answer 14

malthus: pop’n limited by ag

boserup: popn drives ag change

Question 15

3 key regions in european IR wave (2nd wave)

Answer 15

Sambre et meuse
Nord Pas de Calais
Rhine-Ruhr

Question 16

T/F East Asia & SE Asia now contribute a larger share of global agricultural production than high income countries

Answer 16

True

Question 17

T/F Canada produces more oil than Iran, Iraq or Kuwait

Answer 17

True

Question 18

T/F competition during post-Fordism is described as highly domestic in nature

Answer 18

False
post-fordism -> globalization, neoliberalism, MNCs

Question 19

What is roundaboutness in an I-O system?

Answer 19

number of interconnected steps

Question 20

What 2 sectors are the main drivers of GHG emissions?

Answer 20

ag and energy sectors

Question 21

What are the Kondratiev waves?

Answer 21

cycles of econ development 40-60yrs in length.

Question 22

What is the main cause of wage convergence between large countries?

Answer 22

industrialization

Question 23

Does a population stop growing once the replacement fertility rate has been reached?

Answer 23

No

Question 24

4 economic roles of colonies?

Answer 24

Pools of available labour
land
new resource stocks
new markets

Question 25

Marshall’s 3 forces of agglomeration (for IR & Fordism)

Answer 25

pools of available labour

presence of new technologies & their proximity

overall sense driving innovation

Question 26

From which country do remittances usually come from?

Answer 26

USA