ap hug unit 7 Flashcards

1
Q

explain how the industrial revolution facilitated the growth industrialization

A

industrialization began as a result of new technologies appearing

it was facilitated by the availability of natural resources

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2
Q

explain how the industrial revolution facilitated the diffusion of industrialization

A

as industrialization spread :

caused food supplies to increase and populations to grow

allowed workers to seek new industrial jobs in the cities

changed class structures

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3
Q

GNP (gross national product)

A

total value of goods and services produced by a country in a year

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4
Q

GDP (gross domestic product)

A

total value of all goods and services produced within a country’s borders in a year

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5
Q

GNI (gross national income)

A

measure of the monetary worth of what is produced within a country plus income received from investments outside of the country

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6
Q

formal economy

A

legal economy regulated by governments

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7
Q

informal economy

A

illegal economy that governments do not monitor or tax

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8
Q

items not included in GNP, GDP, or GNI

A

second hand sales (garage sales, used cars, pawn shops)

illegal products (drugs, prostitution)

intermediate products (tires on a new car, flour in baked bread)

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9
Q

liberal models

A

all countries are capable of development

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10
Q

structuralist models

A

global structure cannot be easily changed, unequal power

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11
Q

rostow modernization model

A

stage 1 : traditional (subsistence farming, resistance to tech)

stage 2 : preconditions of takeoff (progressive leadership moves a country towards flexibility and openness)

stage 3 : takeoff (industrialization, increase in urbanization)

stage 4 : drive to maturity (tech spreads, industrialization, specialization, international trade, population growth slows)

stage 5 : high mass consumption (high incomes, many goods and services, majority of workers in the service sector)

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12
Q

criticisms of rostow’s ladder of development

A

too simplistic, necessity of a financial infrastructure to channel gains into investments, need for other infrastructure (education, roads, rails, communications, etc.)

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13
Q

dependency theory

A

structuralist model

suggests that global inequality is primarily caused by core nations (or advanced economies) exploiting peripheral nations

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14
Q

word systems theory

A

wallerstein

core : regions that have achieved high levels of socioeconomic prosperity and are dominant players in the global economy

periphery : poor regions that are dependent on the core and do not have much control over their own affairs

semi-periphery : more powerful than the peripheral regions but still dominated by the core

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15
Q

gender inequality index (GII)

A

composite index for measurement of gender disparity, which affects a country’s development

indicators :

maternal mortality rate

per capita income male vs female

% of females in schools vs males

literacy rate of females vs males

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16
Q

women in the workforce

A

roles of women change as countries develop economically

if you want to know level of development in a country, look at how it treats its women

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17
Q

microloans

A

small sum of money given to jumpstart a small business in the developing world

have provided opportunities for women to create small local businesses, which have improved standards of living

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18
Q

commodity dependence

A

a country is commodity-dependent if commodities account for more than 60% of its exports

a commodity is a primary product (can be a farm or mining product)

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19
Q

sustainability

A

meeting the needs of the present without compromising the ability of future generations to meet their own needs

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20
Q

UN sustainability goals

A

goals were not just created for LDCs, but for many MDCs also that struggle with things like pollution, inequality, and poverty

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21
Q

why did great britain industrialize first

A

flow of capital, had access to resources like coal, iron ore, and rivers

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22
Q

iron industry during the industrial revolution

A

first industry to benefit from the steam engine

iron ore was mined, smelted in furnaces, and transported for more refining

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23
Q

coal industry during the industrial revolution

A

prior to the industrial revolution wood was the main source of heat and energy

coal could more efficiently heat the furnaces and took less time than wood

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24
Q

engineering industry during the industrial revolution

A

mass production of machine parts

james watt improved the steam engine which replaced machines powered by humans or animals

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25
Q

transportation industry during the industrial revolution

A

steam engine led to the construction of many canals and railways

26
Q

textile industry during the industrial revolution

A

the mechanization of the factory led to a massive increase in the availability of fabrics

27
Q

food processing industry during the industrial revolution

A

canning food allowed for the shipment and storage of foods

tin cans also replace the glass bottles for keeping bacteria out

28
Q

diffusion of the industrial revolution

A

symbolized britain’s dominance in the industrial revolution

english produced 1/2 of the world’s cotton fabric and iron

mined 2/3 of the coal

29
Q

samuel slater

A

former worker at a factory in england

built the first US textile mill

30
Q

where did the industrial revolution spread

A

the netherlands, russia, and sweden did not reach the level of industrialization of france, britain, and germany until the 20th century

the french revolution and napoleonic wars delayed the spread of the industrial revolution

31
Q

what 4 regions does industry remain concentrated in

A

eastern north america, western europe, russia, japan

32
Q

fordist

A

dominant mode of mass production during the 20th century

production of consumer goods at a single site

33
Q

name and describe the economic sectors

A

primary sector : harvest from the earth (farming, mining, fishing, lumbering)

secondary sector : manufacturing of primary products into new products (logs -> tables)

tertiary sector : service industry, connecting producers to consumers, or facilitating trade

quaternary sector : research & development

quinary : local and federal government

34
Q

deindustrialization

A

industrialization regions move jobs to places with cheaper labor

mostly in england and the US

35
Q

sun belt resurgence

A

sun belt switched from a secondary industrial region to one that provides more services of the tertiary industries

36
Q

technopoles

A

center of high tech manufacturing and quaternary industries that agglomerate

silicon valley in california is the largest in the world

37
Q

post-fordism

A

current mode of production

flexible production practices :

just in time delivery

no more warehousing of parts, just what is needed

38
Q

just in time delivery

A

managing inventory that provides products only as they are needed, rather than storing them

39
Q

break of bulk

A

containerization allows goods to quickly ship within the same container using multiple modes of transportation

container can fit on boats, trains, trucks, planes

enables multinational companies to produce and assemble goods in many places

40
Q

terminal costs

A

costs related to loading, transfers, and unloading

41
Q

line-haul costs

A

costs of the actual physical movement of goods or passengers

42
Q

route flexibility

A

how to get from point A to point B

43
Q

least cost theory

A

weber

model of industrial location emphasized the owner’s desire to minimize transportation and labor costs and maximize agglomeration economies

three factors are the location of raw materials, the location of the market, and transportation costs

agglomeration economies are the benefits that come when firms and people locate near one another together in cities and industrial clusters

44
Q

bulk gaining industry

A

makes products that weigh more after assembly than before assembly

ex: furniture

45
Q

bulk reducing industry

A

makes products that weigh less after assembly than before assembly

ex: paper

46
Q

hotelling model

A

similar businesses will agglomerate to increase profits to bring in a larger customer pool and higher profits

47
Q

human development index (HDI)

A

measures average life expectancy, amount of education, and per capita income

48
Q

OPEC

A

regulate the supply of oil in order to set the price on the world market

49
Q

mercosur

A

southern common market, members are south american countries

brought about the free movement of goods and services among member states

50
Q

world trade organization (WTO)

A

operates the global system of trade rules and helps developing economies build their trade capacity

51
Q

european union (EU)

A

open up external markets in order to increase trade opportunities through trade agreements

52
Q

free trade agreements

A

designated groups of countries that have agreed to eliminate tariffs and preferences on goods and services between them

53
Q

outsourcing

A

process of moving industrial production to external facilities or organizations often out of the country

54
Q

special economic zones (SEZ)

A

an area within a country that changes trade laws to encourage business

ex: hong kong

55
Q

export processing zone (EPZ)

A

very specific type of free trade zone and typically are fenced in and specialize in producing a good for export

56
Q

free trade zones

A

physically separated from the country where goods may be landed, stored, manufactured, or re-exported without any customs duty

generally organized around major seaports, international airports, and national frontiers

57
Q

agglomeration

A

companies and industries cluster together and benefit from the cost reductions and gain efficiency

58
Q

ecotourism

A

tourism based in natural environments

frequently helps to protect the environment in question while also providing jobs for the local population

59
Q

explain why economic and social development happens at different times and rates in different places

A

some countries have advantages or different cultural beliefs

some countries go through the effects of colonialism, wars, technology gaps, etc.

60
Q

explain how environmental problems stemming from industrialization might be remedied through sustainable development strategies

A

technological advances from industrialization continue to bring down the cost of renewable resources

61
Q

explain why industrialization has helped improve standards of living while also contributing to geographically uneven development

A

rostov’s stages of growth have helped countries who have comparative advantages be utilized in international trade and so it increases development over time