Ap Human Geography Industry And Development Flashcards ionicons-v5-c

Air Pollution

the introduction of chemicals, particulate matter, or biological materials that cause harm or discomfort to humans or other living organisms or damages the natural environment, into the atmosphere

Break of bulk point

a location along a transport route where goods must be transferred from one carrier to another

Comparative advantage

the ability of a party to produce a particular good or service at a lower opportunity cost than another party

Deindustrialization

process by which companies move industrial jobs to other regions with cheaper labor, leaving the region to switch to a service economy and to work through a high period of high unemployment

Economies of scale

characteristics of a production process in which an increase in the scale of the firm causes a decrease in the long run average cost of each unit

Ecotourism

tourism to exotic or threatened ecosystems to observe wildlife or to help preserve nature

Entrepot

a commercial center, a place where merchandise is sent for additional procession and distribution

Export processing zone

zones established by many countries in the periphery and semi periphery where they offer favorable tax, regulatory and trade arrangements to attract foreign trade and investment

Footloose industry

an industry that can be placed and located at any location without effect from factors such as resources or transport

Four Asian Tigers

refers to the highly developed economies of Hong Kong, Singapore, South Korea and Taiwan

Industrial Revolution

A period from the 18th century where major changes in agriculture, manufacturing, mining and transport had a profound effect on the socioeconomic and cultural conditions starting in the United Kingdom, then subsequently spreading throughout Europe

New International Division of Labor

economic specialization is the specialization of cooperative labor in specific, circumscribed tasks and roles, intended to increase the productivity of labor

Maquiladora

Zones in northern Mexico with factories supplying manufactured goods to the US market, low wage workers in the primarily foreign owned factories assemble imported components and/or raw materials and then export finished goods

Outsourcing

The transfer of a business function to an external service provider

Transnational Corporation

A multinational corporation(MNC) also called multinational enterprise (MNE) is a corporation or an enterprise that manages production or delivers services in more than one country

Post-Fordist

The adoption by companies of flexible work rules such as the allocation of workers to teams that perform a variety of tasks

Bulk reducing industry

Relative loss in weight of production inputs during the production process

Bulk Gaining Industry

relative gain in weight of production inputs during the production process

Growth poles

Points of economic growth

Foreign Direct Investment

investment of foreign assets into domestic structures, equipment, and organizations

Gross Domestic Product

The total value of all goods and services produced within a country during a given year

Gross National Product

Total value of all goods and services produced by a country's economy in a given year. It includes all goods and services produced by corporations and individuals.

Human Development Index

an indicator of the level of development for each country, constructed by the UN combing income literacy education and life expectancy

Neocolonialism

A policy whereby a major power uses economic and political means to perpetuate or extend its influence over underdeveloped nations or areas

Purchasing Power Parity

how much money would be needed to purchase the same goods and services in two different countries, and uses that to calculate an implicit foreign exchange rate.

Newly Industrializing Countries

States that have gone through lots of recent economic development due to the economy moving to more industry

Development

A process of improvement of the material conditions of people through the diffusion of knowledge and technology

Primary sector

The portion of the economy concerned with the direct extraction of materials from earths surface generally through agriculture although sometimes through mining, fishing , and forestry

Secondary sector

The portion of the economy concerned with manufacturing useful product through processing, transforming, and assembling raw materials

Tertiary sector

The portion of the economy concerned with transportation, communications, and utilities sometimes extended to the provisions of all goods and services to people in exchange for payment

Millennium development goals

eight goals established by the united nations to reduce disparities between more developed countries and lees developed countries

Situation factors

Location factors related to the cost of transportation of materials into and from a factory

Fordism

Form of mass production in which each worker is assigned one specific task to preform repeatedly

Agglomeration

Grouping together of many firms from the same industry in a single area for collective or cooperative use of infrastructure and sharing of labor resources.

Disaggregation of production

When production of a product takes place by many different companies potentially all over the world

energy consumption

the amount of energy consumed by business processes and systems

Quaternary Sector

Service sector industries concerned with the collection, processing, and manipulation of information and capital. Examples include finance, administration, insurance, and legal services.

Quinary Sector

Service sector industries that require a high level of specialized knowledge or technical skill. Examples include scientific research and high-level management.

sustainable development

Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Gini Coefficient

A measure of income inequality within a population, ranging from zero for complete equality, to one if one person has all the income.

Microloans

small, short-term loans usually done by individuals

non-governmental organization

A private sector organization that does not primarily aim to make a profit. Instead, they operate for the benefit of others in society.

Site factors

Location factors related to the costs of factors of production inside the plant, such as land, labor, and capital.

Special Economic Zones

specific area within a country in which tax incentives and less stringent environmental regulations are implemented to attract foreign business and investment

Sustainable Development Goals

Seventeen goals adopted by the U.N. in 2015 to reduce disparities between developed and developing countries by 2030.

trading bloc

consists of those countries that have signed a particular trade agreement

Backwash effect

The negative effects on one region that result from economic growth within another region.

Brownfields

contaminated industrial or commercial sites that may require environmental cleanup before they can be redeveloped or expanded

Complementary

A mutual beneficially trading relationship

cottage industry

Manufacturing based in homes rather than in a factory, commonly found before the Industrial Revolution.

Gender Inequality Index (GII)

A measure of the extent of each country's gender inequality

Just-in-time delivery

Shipment of parts and materials to arrive at a factory moments before they are needed

ozone depletion

thinning of Earth's ozone layer caused by CFC's leaking into the air and reacting chemically with the ozone, breaking the ozone molocules apart

Right to work laws

A state law forbidding requirements that workers must join a union to hold their jobs.

spin-off benefits

Positive outcomes in addition to the main outcome