Notes 5.1 Flashcards

1
Q

Industrial Revolution (time, place, changes)

A
  • between 1760-1840
  • took place in Europe
  • set of changes in technology that dramatically increased manufacturing productivity
  • beginning of industrialization (growth of manufacturing and development of industries on a wide scale)
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2
Q

Places that experienced Industrial Revolution

A
  1. UK/Western Europe (early 1800s)
  2. US/Canada (early 1800s)
  3. Russia (mid 1800s)
  4. Japan (1870/1880)
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3
Q

factors that led to the start of the Industrial revolution (2)

A
  1. availability of natural resources (especially coal and iron)
  2. new technology (fly shuttle and spinning jenny, steam engine)
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4
Q

Changes During Industrial Revolution (4)

A
  1. working location
  2. Increase in food production
  3. Urbanization
  4. Change in class structure (middle class appeared)
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5
Q

Impact of Industrial Revolution (3)

A
  1. Rise of Unions (lower class began to demand better working conditions)
  2. Demand for Voting Rights (middle class began to demand to get involved to politics → lead to more democracy in Europe)
  3. Colonialism and Imperialism (factory owners needed raw materials for factories, and new markets to sell their finished goods)
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6
Q

Economic activities can be divided into five sectors

A
  • Primary: extraction of raw materials and resources
  • Secondary: processing raw materials into finished goods (manufacturing)
  • Tertiary: exchanging of goods - cashier, flight attendant, nurse, pilot, insurance
  • Quaternary: higher level and knowledge services (need around 4 year university degree) - Lawyer, teacher
  • Quinary: decision-makers in society - principal of a school
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7
Q

factors for least cost theory (designed by German economist Alfred Weber that predicts location of manufacturing) (3)

A
  • cost of transportation
  • cost of labor
  • agglomeration
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8
Q

Cost of transportation (goal + 3 factors)

A
  • goal: keep low
  • both moving raw materials to factories and moving finished goods to consumer
  • weight of raw material + finished good plays a role here
  • Another method of reducing transportation costs placing factories near break-of-bulk points
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9
Q

Cost of Labor (goal + 1 factor)

A
  • Goal: keep low
  • Wages/salaries of employees
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10
Q

Agglomeration

A
  • goal: maximize
  • factories should be located close to other factories, where they can share a labor, transportation, and resources
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11
Q

Other social development measures

A
  1. fertility rates
  2. infant mortality rate
  3. access to health care
  4. Use of fossil fuels vs renewable energy
  5. Literacy Rates
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12
Q

As countries develop, the roles of women change, countries with low economic (and social) development (4)

A
  • more traditional roles
  • usually stay at home and raise kids
  • likely work in agriculture (high fertility rates for assistance in agriculture)
  • limited opportunities for income and career advancement
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13
Q

As countries develop, the roles of women change, countries with medium economic (and social development)

A
  • still mainly traditional roles
  • some opportunities for career advancement
    • common method: microloans
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14
Q

As countries develop, the roles of women change, countries with high economic and social development

A
  • most opportunities for career and education for women
  • however, women lack equity in terms of pay
  • Discrimination in employment exists as well
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