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AP Human Geography Barron's Vocabulary Chapter 5: Economic Geography Flashcards

Chapter 5: Geography,Economic Geography Vocabulary of AP Human Geography Barron's Book, 2012 4th Edition

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1467680422AgglomerationGrouping together of many firms from the same industry in a single area for collective or cooperative use of infrastructure and sharing of labor resources.0
1467680423Ancillary ActivitiesEconomic activities that surround and support large scale industries such as shipping and food service.1
1467680424AnthropocentricHuman-centered, in sustainable development, anthropocentric refers to ideas that focus solely on the needs of people without considering the creatures with whom we share the planet or the ecosystems upon which we depend.2
1467680425Backwash EffectThe negative effects on one region that result from economic growth within another region.3
1467680426Break-Bulk PointA location where large shipments of goods are broken up into smaller containers for delivery to local markets.4
1467680427Brick-and-Mortar BusinessTraditional businesses with actual stores in which trade or retail occurs, it does not exist solely on the internet.5
1467680428Bulk Gaining IndustriesIndustries whose products weigh more after assembly than they did previously in their constituent parts. Such industries tend to have production facilities close to their markets.6
1467680429Bulk Reducing IndustriesIndustries whose final products weigh less than their constituent parts, and whose processing facilities tend to be close to sources of raw materials.7
1467680430Conglomerate CorporationA firm that is comprised of many smaller firms that serve several different functions.8
1467680431CoreNation or global regions where economic power, in terms of wealth, innovation, and advanced technology, is concentrated.9
1467680432Core- Periphery ModelA model of the spatial structure of development in which underdeveloped countries are defined by their dependence on a developed core region.10
1467680433Cottage IndustryAn industry in which the production of goods and services is based in homes, as opposed to factories.11
1467680434DeglomerationThe dispersal of an industry that formerly existed in an established agglomeration.12
1467680435DeindustralizationLoss of industrial activity in a region.13
1467680436DevelopmentThe process of economic growth, expansion, or realization of regional source development.14
1467680437E- CommerceWeb based economic activities.15
1467680438Economic BackwatersRegions that fail to gain from national economic development.16
1467680439EcotourismA form of tourism, based on the enjoyment of scenic areas or natural wonders, that aims to provide an experience of nature or culture in an environmentally sustainable way.17
1467680440Export Processing ZoneAreas where government create favorable investments ad trading conditions to attract export-orientated industries.18
1467680441Fast WorldAreas of the world, usually the economic core, that experience greater levels of connection due to high-speed telecommunications and transportation technologies.19
1467680442Footloose FirmsManufacturing activities in which cost of transporting both raw materials and finished product is not important for determining the location of the firm.20
1467680443FordismSystem of standardized mass production attributed to Henry Ford.21
1467680444Foreign InvestmentOverseas business investments made by private companies.22
1467680445Gender EquityA measure of the opportunities given to woman compared to men within a given country.23
1467680446GlobalizationThe idea that the world is becoming increasingly interconnected on a global scale such that smaller scales of political and economic life are becoming obsolete.24
1467680447Gross Domestic ProductThe total value of goods and services produced within the borders of a country during a specific time period, usually one year.25
1467680448Gross National ProductThe total value of goods ad services, including income received from abroad, produced by the residents of a country within a specific time period, usually one year.26
1467680449Human Development IndexMeasure used by the United Nations that calculates development not in terms of money or productivity but in terms of human welfare. The HDI evaluates human welfare27
1467680450Industrial RevolutionThe rapid economic and social changes in manufacturing hat resulted after the introduction of the factory system to the textile industry in England at the end of the 18th century.28
1467680451IndustrializationProcess of industrial development in which countries evolve economically, from producing basic, primary goods to using modern factories for mass producing goods. At the highest levels of development, national economics are geared mainly toward the delivery of services and exchange of information.29
1467680452Industralized CountriesThose countries including Britain, France, the United States, Russia, Germany, and Japan, that were all at the forefront of industrial production and innovation through the middle of the 20 th century. While industry is currently shifting to other countries to take advantage of cheaper labor and more relaxed environment standards, these countries still account for a large portion of the world's total industrial output.30
1467680453Least Cost TheoryA concept developed by Alfred Weber to describe the optimal location of a manufacturing establishment in relation to the costs of transport and labor, and the relative advantages of agglomeration and deglomeration.31
1467680454Least Developed CountriesThese countries including Africa, except for South Africa, and parts of South America and Asia, that usually have low levels of economic productivity, low per capita incomes, and generally low standards of living.32
1467680455Manufacturing RegionA region in which manufacturing activities have clustered together The major U.S industrial region has historically been in the Great Lakes, which includes the states of Michigan, Illinois, Indiana, Ohio, New York, and Pennsylvania. Industrial regions also exist in southeastern Brazil, central England, around Tokyo, Japan, and elsewhere.33
1467680456MaquiladorasThose U.S firms that have factories just outside the United States/Mexican border in areas that have been specially designated by the Mexican government. In such areas, factories cheaply assemble goods for export back into the United States.34
1467680457Net National ProductA measure of all goods and services produced by a country in a year, including production from its investments abroad, minus the loss or degradation of natural resource capital as a result of productivity.35
1467680458Nonrenewable ResourcesNatural resources, such as fossil fuels, that do not replenish themselves in a time frame that is relevant for human consumption.36
1467680459Offshore Financial CenterAreas that have been specially designed to promote business transactions, and thus have become centers for banking and finance.37
1467680460OutsourcingSending industrial processes out for external production. The term outsourcing increasingly applies not only to traditional industrial functions, but also to the contracting of service industry functions to companies to overseas locations, where operating costs remain relatively low.38
1467680461PeripheryCountries that usually have low levels of economic productivity, low per capita incomes, and generally low standards of living. The world economic periphery includes Africa (except for South Africa), parts of South America, and Asia.39
1467680462Primary Economic ActivitiesEconomic activities in which natural resources are made available for use or further processing, including mining, agriculture, forestry, and fishing.40
1467680463ProductivityA measure of the goods and services produced within a particular country.41
1467680464Purchasing Power ParityA monetary measurement of development that takes into account what money buys in different countries.42
1467680465Quaternary Economic ActivitiesEconomic activities concerned with research, information gathering, and administration.43
1467680466Quinary Economic ActivitiesThe most advanced form of Quaternary activities consisting of high-level decision making for large corporations or high-level scientific research.44
1467680467RegionalizationThe process by which specific region acquire characteristics that differentiate them from others within the same country. In economic geography, Regionalization involves the development of dominant economic activities in particular activities.45
1467680468Renewable SourcesAny natural resource that can replenish itself in a relatively short period of time, usually no longer than the length of a human life.46
1467680469Rostow's Stages of DevelopmentA model of economic development that describes a country's progression which occurs in five stages transforming them from least-developed to most-developed countries.47
1467680470Rust BeltThe manufacturing region in the United States that is currently debilitated because many manufacturing firms have relocated to countries offering cheaper labor and relaxed environmental regulations.48
1467680471Secondary Economic ActivitiesEconomic activities concerned with the processing of raw materials such as manufacturing, construction, and power generation.49
1467680472SemiperipheryThose newly industrialized countries with median standards of living, such as Chile, Brazil, India, China, and Indonesia. Semiperipheral countries offer their citizens relatively diverse economic opportunities but also have extreme gaps between rich and poor.50
1467680473Service-based EconomicsHighly developed economies that focus on research and development, marketing, tourism, sales, and telecommunication.51
1467680474Slow WorldThe developing world that does not experience the benefits of high-speed telecommunications and transportation technology.52
1467680475Spatially Fixed CostsAn input cost in manufacturing that remains constant wherever production is located.53
1467680476Spatially Variable CostsAn input cost in manufacturing that changes significantly from place to place in its total amount and in its relative share of total costs.54
1467680477Specialty GoodsGoods that are not mass produced but rather assembled individually or in small quantities.55
1467680478Sustainable DevelopmentTh idea that people living today should be able to meet their needs without prohibiting the ability of future generations to do the same.56
1467680479Tertiary Economic ActivitiesActivities that provide the market exchange of goods and that bring together consumers and providers of services such as retail, transportation, government, personal, and professional services.57
1467680480Transnational CorporationA firm that conducts business in at least two separate countries; also known as multinational corporations.58
1467680481World CitiesA group of cities that form an interconnected, internationally, dominant system of global control of finance and commerce.59
1467680482World Systems TheoryTheory developed by Immanuel Wallerstein that explains the emergence of a core, periphery, and semi periphery in terms of economic and political connections first established at the beginning of exploration in the late 15th century and maintained through increased economic access up until the present.60

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