Unit 7

Question 1

Growth pole

Answer 1

An urban area, where due to pull factors, like a company moves in, other businesses start to rise because of economic growth

Question 2

agglomeration

Answer 2

The tendency of business in the same industry to cluster in the same area

Question 3

Break of bulk point

Answer 3

location where it is more economical to break raw materials into smaller units before shipping them further

Question 4

commodity dependence

Answer 4

an economy that relies on the export of primary commodities for a large share of its export earnings and hence economic growth

Question 5

Bulk gaining industry

Answer 5

An industry in which the final product has more space than the raw materials

Question 6

Bulk-Reducing Industry

Answer 6

An industry in which the final product has less space than the raw materials

Question 7

comparative advantage

Answer 7

The ability to produce a good at an efficient rate than other producer or country.

Question 8

complementarity

Answer 8

The relationship between 2 countries, where both countries benefit from them both