Industry and Development Flashcards
The spatial growing of businesses in order to share costs, as when several factories share the cost of building an access road to connect with a public highway
Agglomeration Economies
An item moves from worker to worker with each worker performing the same task repeatedly
Assembly Line
A space that is typically reserved for regular employees of companies, usually not in an area of high value
Back Offices
The possible downsides of growth poles
Backwash Effects
Sites of abandoned factories
Brownfields
Products that are heaviest when finished
Bulk-gaining Industry
When office buildings congregate
Business Park
When both parties have goods or services that the other party desires
Complementarity
Model that divides countries into three types; core, semiperiphery and periphery
Core-Periphery Model
READ ALL Category of the Core Periphery model that includes the economically advantaged areas of the world and the center of world businesses and finances
Core
READ ALL Category of the Core-Periphery model that includes the least developed countries, high percentage of jobs in low-skill, labor intensive production and extraction of raw materials
Periphery
READ ALL Category of the Core-Periphery model that includes the middle-income countries, sometimes known as emerging economies, provides manufactured goods
Semi-periphery
Theory that countries do not exist in isolation but are part of an intertwined world system in which all countries are dependent on each other
Dependency Theory
An industry where the energy demands are so high that factories are built in close proximity to major sources of abundant, cheap power
Energy-Oriented Industry
Physical spaces within a country where special regulations benefit foreign-controlled businesses
Export Processing Zone
A term meaning that businesses can pack up and leave for a new location quickly and easily
Footloose
A system of mass production
Fordism
A location that allows business executives to easily interact with executives from other nearby businesses
Front Offices
Measures the distribution of income within a population
Gini Coefficient
A composite index for measurement of gender disparity, uses indicators such as reproductive health, empowerment, and the labor market participation of women to measure the percentage of potential of human development lost due to gender inequality in different nations
Gender Inequality Index (GII)
Combines one economic measure with several social measures, such as life expectancy and the average education level
Human Development Index (HDI)