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Exam (elaborations)

Exam (elaborations) REE 3043

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  • Course
  • REE 3043
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  • REE 3043

The "gravity" that draws economic activity into clusters is:☑️☑️ demand for access or proximity. The best example of a base economic activity would be a:☑️☑️ regional sales office. Which of these are true about agglomeration economies?☑️☑️ All of these answers are correct....

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  • September 4, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • REE 3043
  • REE 3043
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johndocs
REE 3043 Exam 1
Questions and Answers

The "gravity" that draws economic activity into clusters is:☑️☑️demand for access or proximity.

The best example of a base economic activity would be a:☑️☑️regional sales office.

Which of these are true about agglomeration economies?☑️☑️All of these answers are correct.
(They create a readily available supply of highly specialized goods and labor. They tend to
reduce risks in real estate. They occur in larger cities. They result from demand created by
multiple industries.)

Orlando, Florida is home to Disney World. As such, Orlando has become one of the leading
destinations in the world. People traveling there stay for days, weeks or longer with their families
and friends. These people spend money on hotels, food, recreation and many other things,
locally. Disney World is an example of:☑️☑️an economic base multiplier.

In the past, each of the following has been a reason why cities developed Except :☑️☑️the
availability of top entertainers.

The set of activities that a city provides for the world beyond its boundaries is
called:☑️☑️economic base.

Which is NOT an example of industry economies of scale drawing a cluster of complementary
activities?☑️☑️A warehouse.

Calculate the location quotient for the heavy manufacturing industry of a certain city given the
following facts:
Total % of city population working in heavy manufacturing is: 20%
Total % of U.S. population working in heavy manufacturing is: 4%☑️☑️5

What is the main determinant of the hierarchy of central place patterns?☑️☑️Population required
for market.

The most important change in urban form and urban real estate markets has been changes
in:☑️☑️transportation.

Ten different car dealerships have opened their businesses along eight consecutive blocks on
Camelback Road in Phoenix, Arizona. This is an example of:☑️☑️clustering.

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