Ch 7: Industrial and Economic Development Patterns and Processes Vocab

Question 1

Agglomeration

Answer 1

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.

Question 2

Ancillary Activities/Multiplier Effect

Answer 2

economic activities that surround and support large scale industries such as shipping and food service.

Question 3

Backwash Effects

Answer 3

The negative effects on one region that result from economic growth within another region.

Question 4

Break-Bulk Point

Answer 4

A location where large shipments of goods are broken up into smaller containers for delivery to local markets.

Question 5

Brick-And-Mortar Business

Answer 5

Traditional businesses with actual stores in which trade or retail occurs; they do not exist solely on the internet.

Question 6

Bulk-Gaining Industries

Answer 6

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.

Question 7

Bulk-Reducing Industries

Answer 7

Industries whose final products weigh less than their constituent parts, and whose processing facilities tend to be located close to sources of raw materials.

Question 8

Commodity Dependence

Answer 8

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.

Question 9

Conglomerate Corporation

Answer 9

A firm comprising many smaller firms that serve several different functions.