GEO 103: Sample Questions for Exam 11. Economic geography is concerned with A) production. B) transportation. C) communication. D) consumption. E) All of the above2. What system involves free markets with minimal government intervention? A) bordeaux B) coup d'etat C) laissez faire D) placido E) torreon3. What is the Fourth World? A) countries that are often targeted for investment from the First World B) economically vital countries that have only one major export C) small countries, such as those in the Pacific Ocean D) the poorest countries of the Third World E) women and children4. Globalization A) is inherently negative. B) is mostly negative. C) is a mixture of both negative and beneficial effects. D) is mostly beneficial. E) is always beneficial.5. What generates one-third of the foreign revenues (earnings) of the United States?A) agricultural exports B) auto exports C) heavy equipment D) services E) tourism6. Which is NOT TRUE regarding globalization? A) It completely destroys unique local diversity. B) Rapid communication fosters this phenomena. C) Some people are unable to fully participate in globalization. D) Much of the world has not benefitted from globalization. E) The growth of tourism worldwide is a part of it.7. Which approach to the study of economic geography focuses onhow human socialization and social reproduction influence how people create geographic space? A) Humanistic B) Structural C) Poststurctural D) Logical Positivism E) Neo-conservative8. Social convention and kinship are key factors in economic production in traditional economies. T / F9. A fundamental element of economic geography is culture. T / F10. National and state borders have become less important because of globalization. T /