Chapter 11 (Unit 7 Industrial and Economic Development) Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

Industrial Production

A

The process of using machines and large-scale processes to convert raw materials into manufactured goods.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The industrial revolution

A

a series of tech advances in the 1700s that resulted in complex machinery which could make products faster and more efficiently.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Rapid Urban growth led to?

A

Overcrowding, housing shortages, poverty, starvation, pollution, diseases, more pandemics, fires, and natural disasters.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Colonies provided

A

Raw materials, labor, food, soldiers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Primary Economic Activities

A

Extraction of raw materials and natural resources, mining, fishing agriculture, forestry.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Secondary Economic Activities

A

Manufacturing raw materials into a finished product, factories.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Tertiary Economic Activies

A

Service sector that moves sells and trades products in first and second, obtains resources from the tertiary sectors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Quaternary Economic Activies

A

Knowledge based, research and information creation, education, real estate, college, banking.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Quinary Economic Activiteis

A

Highest levels of decision making, government, busines, congress, CEOs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

MDC

A

More Developed Country, less primary sector, more tertiary sector

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

LDC

A

Less tertiary, more primary sector, less tertiary

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Weber’s Least Cost Theory 1909

A

Transportation, labor, the benefit of agglomeration.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Uniformity of area

A

human and physical geographic features are uniform

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Labor

A

SUfiecient labor is available in fixed location it is immobile

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Raw materials

A

raw materials are found only in certain fixed locations

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Number of products and markets

A

there is one product produced and produced goods are only sold in a fixed location in a single market

17
Q

Transportation costs

A

Transportation costs are directly related to the distance of travel and to the weight of the items

18
Q

Influences on location

A

Economic factors dominate the decision about where to locate the factory.

19
Q

Gross Domestic Product

A

The total value of goods and services, so add up all the things sold in the country

20
Q

Gross National Product

A

Total value of exports, goods and services so add up EVERYTHING

21
Q

Gross National Income

A

The total of the GDP added to the exports subtracted by the imports.

22
Q

Formal Economy Sector

A

Regulated and taxed by the gov, is included in the GDP and GNI

23
Q

Informal Economy Sector

A

Mostly illegal products that are not regulated by the government, drugs black market goods, and babysitting.

24
Q

Gini Coefficient

A

Measures the distribution of income within a population

25
Q

Human Development Index

A

Combines health education and Living conditions to see how developed humans are.

26
Q

Gender Inequality Index

A

Combining social economic and political to determine equality, a higher score means lesser equality: reproductive health empowerment and labor market.

27
Q

Microfinance programs

A

provide loans to women to start or expand a business, typically in south Asia and south america

28
Q

Core countries

A

Strong military, global market controll, business headquarters

29
Q

Semi Periphery countries

A

middle income, in process of industrialization, better communication and transportation than periphery

30
Q

Periphery Countries

A

Unstable governments, less wealth, lower levels of education than the core, exportation

31
Q

Dependency Theory (Core and Periphery)

A

Periphery depends on cashflow to periphery and core depends on natural resources

32
Q

Brandt Line

A

Divides the northern and southern hemispheres based on development

33
Q

Outsourcing

A

Taking internal company things that you pay an outside firm to handle

34
Q

Offshoring

A

moving elements of company operations overseas to get cheaper labor.

35
Q

Reshoring

A

bringing an offshored branch of the company back to the country of origin.