5918300060 | Agglomeration | Economy in which like things are put together to benefit all businesses, bringing all people to one are causing congestion. | 0 | |
5918300061 | Asian Tigers | Four Asian Pacific rim nations that are playing an increasingly important role as well as in global economy. South Korea, Taiwan, Singapore, and Hong Kong. | 1 | |
5918300062 | fordist production | Form of mass production in which each worker is assigned one specific task to perform repeatedly. | 2 | |
5918300064 | Break-of-bulk point | A location where transfer is possible from one mode of transportation to another. | 3 | |
5918300065 | Bulk-gaining Industry | An industry in which the final product weighs more of compromises a greater volume than the inputs - automobile - would locate near the market | 4 | |
5918300067 | Comparative Advantage | the ability of an individual, firm or country to produce a good or service at a lower opportunity cost than other producers. | 5 | |
5918300068 | Cottage Industry | manufacturing based in homes rather than in a factory, commonly found prior to the industrial revolution. | 6 | |
5918300069 | Deglomeration | The dispersal of an industry that formerly existed in an established agglomeration. | 7 | |
5918300071 | Ecotourism | Tourism to exotic or threatened ecosystems to observe wildlife or to help preserve nature. | 8 | |
5918300073 | Footloose Industries | Industries that are able to shift the location of their facilities in order to take advantage of cheap labor. | 9 | |
5918300074 | Greenhouse Effect | The anticipated increase in Earth's temperature caused by carbon dioxide (emitted by burning fossil fuels) trapping some of the radiation emitted by the surface. | 10 | |
5918300075 | Industrial Revolution | A series of improvements in industrial technology that transformed the process of manufacturing goods. | 11 | |
5918300076 | Infrastructure | The basic structure of services, installations, and facilities needed to support economic development; included are roads, bridges, ports, electricity, water and other public utilities. | 12 | |
5918300079 | Maquiladora | Factories built by US companies in Mexico near the US border to take advantage of much lower labor costs in Mexico. | 13 | |
5918300080 | NAFTA | Agreement entered into by Canada, Mexico, and the US in Dec, 1992 and which took effect on Jan 1, 1994 to eliminate the barriers to trade in, and facilitate the cross border movement of goods and services between the countries. | 14 | |
5918300081 | New International Division of Labor (global division of labor) | Transfer of some types of jobs, especially those required low-paid, less skilled workers, from more developed to less developed countries. -resources found in periphery countries -factories in semi-periphery -research in core | 15 | |
5918300082 | Outsourcing | a decision by a corporation to turn over much of the responsibility for production to independent suppliers. | 16 | |
5918300083 | Post-Fordist production | Adoption by companies of flexible work rules, such as allocation of workers to teams that perform a variety of tasks. | 17 | |
5918300085 | Site Factors | Location factors that related to the costs of factors of production inside the plant such as land, labor and capital. | 18 | |
5918300087 | 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. | 19 | |
5918300088 | Trafficking | When a family sends a child or an adult to a labor recruiter in hopes that the labor recruiter will send money, and the family member will earn money to send home. | 20 | |
5918300090 | World Cities | Dominant city in terms of its role in global political economy. Not the world's biggest city in terms of population or industrial output, but rather centers of strategic control of the world economy. | 21 | |
9374077333 | variable costs | labor, resources, energy, transportation costs | 22 | |
9374085341 | Weber | created a theory/model of where factories should be located based on factors of transportation, labor, and agglomeration | 23 | |
9374095358 | transportation | MOST important variable cost according to Weber | 24 | |
9374102544 | bulk-reducing (bulk-losing) industry | industry in which the final product weights less than the inputs (trees -> paper) - would locate near the raw material | 25 |
AP HuG: Industry Flashcards
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