Lec 4: Mapping the World Economy Flashcards
What are the 7 key factors that determine industrial location?
1) Access to inputs
2) Availability of labor
3) Processing costs (different costs depending on the place)
4) Pull of the market (depends on the market in which the particular product is sold)
5) Transfer costs
6) Institutional and cultural factors (governments provide subsidies for products in certain places)
7) Behavioral considerations (owners’ personal choices, etc)
What are the four tiers of the industrial structure of economies?
1) Primary activities
- natural resources
2) Secondary activities
- processing of raw materials into products
- light and heavy mfq
3) Tertiary activities
- sale and exchange of goods and services
- retail, sales, hairdresser
4) Quaternary activities
- research + development
Distinguish light and heavy mfq
light: finished consumer-oriented products
heavy: capital-intensive, intermediate products
describe the model of economic transition
At the beginning, the majority of the workforce is in the primary sector. It then transitions to the 2nd, secondary, the tertiary, and the quaternary.
Is global distribution of industry evenly distributed
no. it’s focused in regions that industrialized early:
- NA
- Europe
- Russia and ukraine
- East Asia
What are NA’s 2 major manufacturing regions?
- the rust belt
- the sun belt
What are the 3 main regions of the rust belt?
_ The North East
- The Great Lakes
- Canada
What did Boston traditionally manufacture, and what does it manufacture today?
traditionally: light mfq (clothes and textile)
today: electronics
What does NYC mfq?
New York: apparel industries, processed foods, book publishing
What did Pittsburgh mfq?
steel
What did philadelphia and baltimore mfq?
heavy mfq (steel, chemicals)
what did new jersey mfq?
chemicals
what did upstate NY produce
chemicals, optical devices
What did the following places in the great lakes region mfq?
- detroit
- chicago
- cleveland and akron, ohio
- detroit: cars
- chicago: meat packing and trains
- cleveland and akron, ohio: tires
What did southern ontario and montreal mfq as part of the rust belt?
Southern Ontario (cars, steel, chemicals), Montreal (aerospace,
textiles, pharmaceuticals, aluminum, pulp and paper)