#1
Which of the following is NOT a factor influencing industrialization?
Population density
ExplanationPopulation density does not directly influence industrialization; other factors such as infrastructure, labor force, and technology play more significant roles.
#2
Which factor is often considered a prerequisite for successful industrialization?
Strong infrastructure
ExplanationA robust infrastructure is commonly viewed as essential for the successful process of industrialization.
#3
Which of the following is NOT typically considered a factor influencing industrial location?
Political ideology
ExplanationPolitical ideology is not a conventional factor influencing industrial location, unlike factors such as infrastructure, labor, and market access.
#4
What is the significance of economies of scale in industrialization?
It allows for cost savings and efficiency improvements.
ExplanationEconomies of scale in industrialization enable cost savings and efficiency improvements as production volumes increase.
#5
What role does foreign direct investment (FDI) play in industrialization?
It accelerates industrialization by providing capital, technology, and expertise.
ExplanationForeign direct investment (FDI) speeds up industrialization by offering capital, technology, and expertise.
#6
Which economic theory emphasizes the importance of a large labor force for industrialization?
Marxism
ExplanationMarxism highlights the significance of a substantial labor force as a key factor in the process of industrialization.
#7
In which phase of industrialization is there a significant shift from agrarian to industrial economies?
Industrial phase
ExplanationThe industrial phase marks the transition from agrarian-based economies to industrialized ones.
#8
Which of the following is an example of a 'pull factor' for industrialization?
Tax incentives for foreign investors
ExplanationTax incentives for foreign investors serve as a pull factor, attracting external capital and promoting industrialization.
#9
What role does human capital play in the process of industrialization?
It facilitates innovation and productivity.
ExplanationHuman capital contributes to industrialization by fostering innovation and enhancing productivity.
#10
Which sector experiences significant growth during the initial stages of industrialization?
Manufacturing
ExplanationManufacturing is the sector that often experiences substantial growth during the initial stages of industrialization.
#11
What is the 'dual economy' model often associated with in the context of industrialization?
The coexistence of modern and traditional economic sectors within a country
ExplanationThe dual economy model refers to the simultaneous presence of modern and traditional economic sectors in a country.
#12
Which of the following is a feature of 'late industrialization'?
Reliance on foreign capital
ExplanationLate industrialization often involves a reliance on foreign capital to support economic development.
#13
Which country is often cited as an example of successful state-led industrialization in East Asia?
Japan
ExplanationJapan is frequently referenced for its successful experience with state-led industrialization in the East Asian context.
#14
What is the 'flying geese paradigm' in the context of industrialization?
A theory proposing that industrialization spreads from one country to another in a sequential manner.
ExplanationThe flying geese paradigm suggests that industrialization sequentially spreads from one country to another.
#15
Which factor often contributes to the success of industrial clusters?
Strong inter-firm relationships
ExplanationThe success of industrial clusters is often attributed to the presence of strong relationships among firms within the cluster.