Ag/Industry test Flashcards

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1
Q

location theory

A

predicting where businesses will or should be located

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2
Q

webers model

A

least cost theory ex. shirt manufactured near cotton field

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3
Q

hotellings model

A

location interdependence theory; copy cat

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4
Q

loschs model

A

maximum profit

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5
Q

industrial revolution

A

a series of inventions that brought new uses to known energy sources, new machines to improve efficiencies and enable other new inventions

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6
Q

fair trade agriculture

A

allows you to have a fair guarantee for a price for a commodity

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7
Q

intertillage

A

carefully plant through a season to reduce loss and produce farming gain

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8
Q

second ag revolution

A

cultivation, harvesting, and storage improved

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9
Q

third ag revolution

A

created high yeild grains, rice, GMOs/Science got involved

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