7.1-7.2 Flashcards
the process of using machines and large scale processes to convert raw materials into manufacturing goods
Industry
Industrialized regions that stretch along the midlattitude of the northern hemisphere. and includes northeastern,midwestern US, Europe, Russia, and Japan
Industrial belt
Small home based businesses that make goods
Cottage industry
A place where products are sold
Market
Regions that have large numbers of closed factories
Rust belt
a process of decreasing reliance on manufacturing jobs
Deindustrialize
the basic substance such as minerals and crops needed to manufacture finished goods
Raw materials
During the 18th century when there was technological advances that resulted in more complex machinery driven by water or steam power that makes products faster at a lower cost than cottage industries
Industrial revolution
The sector where natural resources are extracted from the earth. For example farming, mining, fishing and forestry
Primary sector
The section for creating information and making high-level decisions. For example research and top managers in corporations or government
Quinary sector
the potential of a job to produce additional jobs
Multiplier effect
The section where information is managed and processed. For example financial analysis, software development, and date science
Quaternary sector
A type of industry that’s raw material oriented or raw material dependent. Also known as weight-losing industries
Bulk-reducing industries
The spatial grouping of several businesses to share costs, such as an access road to a public highway or development of a workplace with special skills
Agglomeration economies
The system in which goods are loaded into a standardized shipping unit
Containerization
The procedure of transferring cargo from one mode of transformation to another
Break of bulk
Industries that are highly dependent on a a workforce that want to be close to a source of those workers. Also called labor dependent.
Labor-oriented industry
A theory made by German economist Alfred Weber that explains key decisions made by businesses about where to locate factories
Least cost theory
A model made by Weber that has 3 points: the market for a good, and two resources needed to make the good
Locational triangle
Industries where factories are usually located close to a market. Also called weight-gaining, market oriented, or market-dependent industries
Bulk-gaining industries
Businesses that can pack up and leave for a new location quickly and easily
Footlose
Spaces designed to impress clients
Front offices
Less expensive office spaces
Back offices
Containers that can be carried on trucks,trains,ship, or train
Intermodal
The sector where products are made from natural resources. For example building and manufacturing
Secondary sector
The sector that provides information and services to people. For example retail sales,medicine, and housekeeping
Tertiary sector