Circle the letter of the Answer that corresponds to the displayed Question.
1. Global production networks
A: Connection point in a network, where goods and ideas flow in, out, and through the network
B: Tapping into companies that specialize in production around the world to manufacture goods
C Pattern of flows from raw material to global product to disposal or reuse of products that shows all the
D: Increasing connectedness between world cities from improved communication and transportation
2. Rust Belt
A A region in the northeastern United States that once had an extensive manufacturing industry but has
B: Savings in cost of production that comes from increasing production of a good
C: The ability of corporations to employ labor from around the world, made possible by the compression
D: Increasing connectedness between world cities from improved communication and transportation
3. Least Cost Theory
A: An area of economic production that is located inland and is connected to the world by a port
B: Cost advantages created when similar businesses cluster in the same location. For example, car
cluster in a city or region to tap into a skilled labor force and access infrastructure, services, and
C: Processes heightening interactions, increasing interdependence, and deepening relations across country
D Determining the location of manufacturing based on minimizing three critical expenses: labor,
4. Time-space compression
A Increasing connectedness between world cities from improved communication and transportation
B: The merging of businesses that serve different steps in one commodity chain
C: Hiring employees outside the home country of a company in order to reduce the cost of labor inputs for
D: The movement of production from one site to another based on the place-based cost advantages of the
5. Capitalism
A: Savings in cost of production that comes from increasing production of a good
B: Steps in the production of a good from its design and raw materials to its production, marketing, and
C Economic system where people, corporations, and states produce goods and services and trade them on
D: Area to which an innovation diffuses and from which the innovation diffuses more broadly
6. Cottage industries
A: Cost advantages created when similar businesses cluster in the same location. For example, car
cluster in a city or region to tap into a skilled labor force and access infrastructure, services, and
B: The merging of businesses that serve different steps in one commodity chain
C: Processes heightening interactions, increasing interdependence, and deepening relations across country
D Production of goods in a home or small workshop, typically by hand or with low technology
Geography - 2024/25 2024/2025 Edition