Human geo part one unit 7 Flashcards
Acid rain
created when oxides of sulfur and nitrogen change chemically as they dissolve in water vapor in the atmosphere and return to earth as rain, snow, or fog.
Agglomeration
the spatial grouping of people or activities for mutual benefit.
Bid Rent Theory
different land users are prepared to pay different amounts, the bid rents, for locations at various distances from the city center.
Break-of-bulk point
a location where transfer is possible from one mode of transportation to another; a location along a transport route where goods must be transferred from one carrier to another.
Bulk-gaining industry
an industry where the finished product weighs more than the raw materials.
Bulk-reducing industry
an industry where the raw materials weigh more than the finished product.
Capitalism
an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.
Commodity chain
series of links connecting the many places of production and distribution and resulting in a commodity that is then exchanged on the world market.
Communism
a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
Comparative advantage
the principle that an area produces the items for which it has the greatest ratio of advantage or the least ratio of disadvantage in comparison to other areas, assuming free trade exists.
Deglomeration
the process of deconcentration; the location of industrial or other activities away from established agglomerations in response to growing costs of congestion, competition, and regulation.
Deindustrialization
the cumulative and sustained decline in the contribution of manufacturing to a national economy.
Entrepot
is a trading center, or simply a warehouse, where merchandise can be imported and exported without paying import duties, often at a profit.
Export processing zones (EPZ’s)
designated areas of countries where governments create conditions conducive to export-oriented production.
Fixed costs
an activity cost (as of investment in land, plant, and equipment) that must be met without regard to level of output.
Footloose industry
a descriptive term applied to manufacturing activities for which the cost of transporting material or product is not important in determining location of production; an industry or firm showing neither market nor material orientation.
Fordism
the manufacturing economy and system derived from assembly-line mass production and the mass consumption of standardized goods.