1. The core-proiferary model of world Development stats that the distrobution 
   of goods is:

	A. Balanced
	B. Unbalanced
	C. Growing
	D. Stopping


2. In Walter Rostow's 5-stage model of international trade, the first stage 
   can be characterizaed by all of the following EXCEPT:


	A. Agricultural Basis
	B. Taditional Society
	C. Technology allows wide variety of industry
	D. Money invested in military

3.  The economic structure of much of Sub-Saharan Africa can be nest described as:

	A. Primary
	B. Secondary
	C. Tertiary
	D. Quaternary

4.  Threshold Value is?

	A. The maximum number of businesses an area can hold
	B. The minimum required population to support a business
	C. The maximum required population to support a business
	D. The minimum numberof businesses an area needs

5.  New Considerations added to Weber's Least-Cost Theory include all of the following EXCEPT:

	A. Capital
	B. Political Stability
	C. Inertia
	D. GNP

6.  The combination of resources, labor, and development is known as

	A. Rostow's Development  Model
	B. Weber's Least-Cost Theory
	C. The Great Triangle Effect
	D. Rostow's 3-step Model

7. Justification for unequal development around the world includes all of the following EXCEPT

	A. Cultural Differences
	B. Goverment Policies
	C. Climate
	D. Different Resources

8.  The term "Second World" refers to those countries
	
	A. Who follow a COmmunist Economic Policy
	B. Whose Economy's growth is between First and Third World
	C. Who are located ub the middle Latitudes
	D. Who are under authoritarian rule
	
9.  Most Latin American governments follow an official policy of

	A. Laissez-Faire Capitalism
	B. Salutary Neglect
	C. Planned Economy
	D. State-directed Capitalism

10.  The human development index (HDI) measures all of the following EXCEPT

	A. Purchasing Power
	B. Life Expectancy 
	C. Adult Literacy
	D. Religious Affiliation
	

ESSAY:    
         In a well-developed essay, assess the validity of Weber's Least-Cost Theory.  How has it applied in the past?  Is it still applicable in the post-industrial world?


Terms: 

Globalization - THe organization of any activity treating the globe as one pleace

Post-Industrial Society - A society with the bulk of its economic activity in the tertiary sector

Political Economy - The study of individual counries' organization and regulation of their economies

Foreign Direct INvestment - INvestment  by foreigners in wholly-owned enterprises that are operated by the foreigner

Multinational Corporations - An enterprise that produces and markets goods in several countries

Gross Sustainable Product - An experimantal statistic that subtracts from gross product the value of natural resources that are destroyed or depleted.