Chapter 10 - Energy and Production Flashcards
primary,
secondary,
tertiary activities
1: identification and extraction of the world’s natural resources: mining, fishing, forestry, and agriculture
2: processing, transforming, assembling raw materials into finished products; also called industrial activities
3: sale or exchange of goods and services, referred to as service activities
secondary products
products made from raw materials and used in the manufacture of finished products, such as steel, plastic, flour, and textiles
industrialization
a process of economic and social change that transforms society from agricultural to industrial, involving extensive reorganisation of the economy towards manufacturing and the society towards being urban
what was the primary energy source of the industrial revolution
coal
that’s why factories were located on the coal fields of Northern England
Great Global Divergence
After the 1800s, the US and UK significantly diverged from all other parts of the world for GDP
3 Site Factors of industrial location
Labour: workers with particular skills
Capital: tangible assets (factories) and intangible assets (money and finance)
Land: adequate space for manufacturing processes
situational factors of industrial location (only 2)
distance to inputs and distance to markets
did distance to energy supply affect industrial location (why or why not, and did this change)
Yes it once did, as companies set up shop in North England, BUT as enegry became more ubiquitous it was less of a factor
ubiquitous goods
Ubiquitous Goods: Products or raw materials that are found virtually everywhere; examples include electricity or water in most of the more developed world
least cost theory
firms operate rationally in response to transportation, labour, proximity to other operations, distance from competitors; focuses on transportation, labour, agglomeration and deglomeration
market area analysis
also considers revenue potential
firms locate operations in locations that will result in greatest profit, considering production costs and size of market area the firm could control
behavioural approaches
non-normative theory, rather it seeks to describe why things are where they actually are; the idea of an economic operator is rejected and instead focuses on satisficing behaviour
are smaller or larger firms more likely to make a location decision based on behavioural approaches?
smaller
fordism
Introduced assembly line system and mass production, emerging in the 1920s
Brought broad societal benefits including higher wages and shorter working hours resulting in unprecedented growth in consumer spending
“ a highly organised system of industrial production”
post-fordism
major emphasis on flexibility
flexible production methods; facilitated by transnational corporations and the practice of outsourcing