Economic Geography Flashcards

1
Q

Economic geography is the

A

sub-discipline of human geography

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2
Q

economic geography is focused on

A
  • economic patterns across space and time

- spatial variations of economic activities

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3
Q

identifying patterns, consistencies, and generalizations that will assist in understanding economic patterns

A

economic geography

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4
Q

involves harvesting resources directly from the land/water without modification

A

primary activities

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5
Q

examples of primary activities

A

farming, fishing, forestry and mining

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6
Q

involve creating something new by converting primary resources into higher valued goods

A

secondary activites

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7
Q

involves moving, selling and trading goods produced at first 2 levels, as well as professional and financial services

A

tertiary activities

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8
Q

examples of tertiary activities

A

banking, investment

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9
Q

involves information processing and intellectual services

A

Quaternary activities

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10
Q

movement of people, ideas, and commodities within and between area

A

spatial interaction

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11
Q

places that are _____ are more attractrive

A

nearer and larger

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12
Q

the bigger things are the

A

more frequently they are reacted with

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13
Q

if places are closer together =

A

higher interaction

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14
Q

distance produces predictable

A

patterns of activity

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15
Q

is dependent upon distance

A

accessibility

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16
Q

intensity of interaction

A

declines away from most accessible areas

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17
Q

the greater the distance =

A

less interaction

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18
Q

improvements in transport technologies and communications have the effect of bringing places “closer” together

A

space-time convergence

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19
Q

makes things seem closer than they are

A

space-time convergence

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20
Q

used to describe the system of mass production and mass consumption

A

Fordism

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21
Q

Henry Ford is an example of

A

internationalization of industry

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22
Q

products with multiple uses, or that are adaptable to be used as components for different types of products

A

flexible production or “flexible manufacturing”

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23
Q

gives you the allusion of choice

A

flexible production

24
Q

where you simply get the products you need

A

lean production

25
Q
  • use of information technologies in machines and operations

- rapid switching from one type of product or style to another to meet consumer demand

A

flexible production systems

26
Q

revamping its aging lineup of mass-volume cars with vehicles geared towards specific consumer tastes

A

product-led recovery

27
Q

increased subcontracting + increased global dependencies =

A

decreased risk

28
Q

sub-contracting relationships to multiple suppliers as a risk diversion strategy is an example of

A

dual sourcing

29
Q

we still need warehouses for

A

outsourcing/dual sourcing

30
Q

serve as a supply source of automobile parts

A

intermediate warehouses

31
Q

products flow from

A

manufacturer–> intermediate warehouse–> assembler

32
Q

stages of the ______ are completed exactly when needed

A

manufacturing process

33
Q

companies based in one country that do business with one or more other countries

A

multi-national corporations

34
Q

companies that operate factories in countries other than the country of origin

A

trans-national corporations

35
Q

factories migrate based on

A

industry change and local to regional conditions

36
Q

what happens at one scale is not independent of what happens at other scales

A

global-local continuum

37
Q

3 geographic divisons

A
  1. increased demand for high-tech products
  2. the rise of “techno-poles” in the core economies
  3. innovation centers are typically far from the old manufacturing region
38
Q

innovation centers are typically at considerable geographic distance from old manufacturing regions marks the

A

sharp contrast between the snow and sun belt

39
Q

world industrial region

A

agglomeration economies

40
Q

locations centered around high-tech manufacturing and information processing

A

techno-poles

41
Q

gained when countries focus on manufacturing and exporting the goods they produce at the lowest relative cost

A

relative advanatage

42
Q

International labour migration

A

majority of labour flows from low wage economies to more developed, high wage economies

43
Q

Export-led Industrialization

A

moves work to the workers

44
Q

develop subsidiary plants or subcontract parts manufacturing to areas such as Malaysia and Taiwan

A

Export-led industrialization

45
Q
  • significant industrial growth in less developed countries
  • heavy manufacturing and processing industries
  • creating particular patterns on the geographical landscape
A

Export-led industrialization

46
Q

limited geographical areas where special advantages attract investors

A

export processing zones (EPZs)

47
Q

industrial zones with special incentives

A

export processing zones

48
Q

constitutes a free trade enclave in the customs and trade regime of the country

A

delineated industrial estate

49
Q

produce mainly for the export, and benefit from certain taxes and financials

A

foreign manufacture firms

50
Q

6 reasons EPZ’s are created

A
  1. creates jobs and raises standards of living
  2. transferring new skills and expertise
  3. boost non-traditional exports and export sectors
  4. increasing foreign exchange earnings
  5. intro to new technology
  6. kick start the economy as a whole
51
Q

are forbidden by law in EPZs

A

labour unions

52
Q

minimum wage for appretice/trainee, unskilled, semi-skilled and, skilled

A
  1. $22
  2. $38
  3. $45
  4. $63
53
Q

working hours for 1. factory 2. office

A
  1. 48 hours/week

2. 39 hours/week

54
Q

7 key feature of EPZs (lx2 tinds)

A
  1. low wages
  2. labour intensive production
  3. import provisions for goods used in manufacturing
  4. tax holidays
  5. no foreign exchange control
  6. duty-free export
  7. subsidized factories and warehouses
55
Q

EPZs are primarily located where, and why

A

coastal locations because of shipments (need bodies of water for ships)

56
Q

space might matter ____ but place _____

A

less

still matters