AP March 9 Test COPY Flashcards
What does GII stand for?
Gender Inequality Index
Historically, where was the industrial heartland of the U.S.?
The North
What is break-of-bulk?
Goods change the way they are transported(Air to Ship)
What form of transportation is the quickest and most expensive?
Air
Where are most right-to-work states?
U.S. South and West
What is bulk-reducing industry?
when out-going products weigh less or cost less than incoming resources
What is a single market industry?
products sold in one location or to a small group of industries
IN the US & Europe, what is industry shifting towards?
Cars, Textiles
What are maquiladoras? Where are they? Who owns them?
Countries own companies with factories in other countries, on the us and mexico border, US
What is a secondary economic activity?
portion of the economy that is concerned with receiving raw materials and transforming them into serviceable items, properties or other goods
Businesses that don’t take into account location are known as what industry?
1
Where are maquiladoras found? What country and what region of that country?
on the border of the US and Mexico
What is the cheapest and slowest form of transportation?
Ship
What is lean production? What are pros? Cons?
elimination of waste within a manufacturing system
saves money and time
unbalanced economy
What is mass production? What are pros? Cons?
the manufacture of large quantities of standardized products
Less Labor Costs, Fast Production Rate
wasted resources, no assurance
What is bulk-gaining industry?
when out going products weigh more or cost more than incoming resources
What is cottage industry?
business or manufacturing activity carried on in a person’s home.
What is the World System Theory?
an approach to world history and social change that suggests there is a world economic system in which some countries benefit while others are exploited
What is GNI?
gross national income(GNI) is the total domestic and foreign output claimed by residents of a country
What is the tertiary sector of the economy?
provisions of goods and services to people
What is the primary economic sector?
activities that directly extract materials from the earth