AP Human Geography Unit 7 Flashcards
Agglomeration
Grouping together of many firms from the same industry in a single area for collective or cooperative use of infrastructure and sharing of labor resources.
Ancillary activities/Multiplier Effect
Economic activities that surround and support large-scale industries such as shipping and food service.
Backwash Effects
The negative effects on one region that result from economic growth within another region.
Break-Bulk Point
A location where large shipments of goods are broken up into smaller containers for delivery to local markets.
Brick-and-Mortar Business
Traditional businesses with actual stores in which trade or retail occurs; they do not exist solely on the internet.
Bulk-gaining industries
Industries whose products weigh more after assembly than they did previously in their constituent parts. Such industries tend to have production facilities close to their markets.
Bulk-reducing industries
Industries whose final products weigh less after assembly than they did previously in their constituent parts and whose processing facilities tend to be located close to the sources of raw materials.
Commodity Dependence
When peripheral economies rely too heavily on the export of raw materials, which places them on unequal terms of exchange with more-developed countries that export higher-value goods.
Conglomerate Cooperation
A firm comprising many smaller firms that serve several different functions.
Core
National or global regions where economic power, in terms of wealth, innovation, and advanced technology, is concentrated.
Core-periphery model
A model of the spatial structure of development in which underdeveloped countries are defined by their dependence on a developed core region.
Cottage Industry
An industry in which the production of goods and services is based in homes, as opposed to factories
Deglomeration
The dispersal of an industry that formerly existed in an established agglomeration.
Deindustrialization
Loss of industrial activity in a region
Development
The process of economic growth, expansion, or realization of regional resource potential.
E-commerce
Web-based economic activities
Economic backwaters
Regions that fail to gain from natural economic development
Ecotourism
A form of tourism, based on enjoyment of scenic areas or natural wonders, that aims to provide an experience of nature or culture in an environmentally sustainable way.
Export-Processing Zone
Area where governments create favorable investment and trading conditions to attract export-oriented industries.
Fast World
Areas of the world, usually the economic core, that experience greater levels of connection due to the high-speed telecommunications and transportation technologies.
Footloose Firms
Manufacturing activities in which the cost of transporting both raw materials and finished product is not important for determining the location of the firm.
Fordism
System of standardized mass production attributed to Henry Ford.
Foreign Investments
Overseas business investments made by private companies.
Gender Equity
A measure of the opportunities given to women compared to men within a given county.