Ap geo Flashcards
Industry
The process of using machine and large-scale processes to convert raw materials into manufacturing goods
Raw materials
The basic substance such as minerals and crops needed to manufacture finished goods
Market
A place where products are sold
Cottage industry
These industries depended on intensive human labor since people used simple spinning wheels, looms and other tools.
Industrial Revolution
Resulted in more complex machinery driven by water or steam power that could make products faster and at lower cost than could cottage industries .
Industrial belt
A line across America that indicated where industries made steel and cars
Deindustrialize
A process of decreasing reliance on manufacturing jobs
Rust belt
Regions that have large numbers of closed factories are called rust belts
Prime sector
Extracting natural resources from the earth
Secondary sector
Making products from natural resources
Tertiary sector
Providing information and services to people
Quaternary sector
Managing and processing information
Quinary sector
Creating information and making high level decisions
Multiplier effect
In addition higher wages the secondary sector jobs have a larger multiplier effect the potential of a job to produce additional jobs
Least cost theory
To explain the key decisions made by businesses about where to locate factories
