Unit 7 exam ap geo Flashcards
Least cost theory Alfred Weber
describes optimal location if industry in relation to costs of transport, labor, relative advantages of agglomeration
industry loc. where minimize its costs/ maximize profits.
GDP (gross domestric product)
measurement o/total goods/services produced w/in borders o/country during specific time period (1year)
economic sectors of economy
percent o/economic activities that country relies on
-periphery: larger percentage engaged in primary activities
-semi-periphery: counties transitioning from primary activities t secondary activities
-core-countries tend to have larger percentage engaged in tertiary, quaternary, quinary activities.
GII (gender inequality index)
measurement evaluates women status i/country based on participating i/economic, political, labor-market participation, reproductive health issues, indices empowerment/labor-making participation.
HDI (human index development)
measurement used by UNITED NATIONS to calculate dev. i/terms o/human welfare (using both economic/social indicators)