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Chapter 6
Chapter 6 barron
| Question | Answer |
|---|---|
| Agglomeration | grouping together of companies in the same industry in a small area for cooperative use of infrastructure and sharing labor resources. |
| Ancillary activities | Economic activities that surround and support larg-scale industries such as shipping and food service. |
| Anthropocentric | Human centered; 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. |
| Backwash effect | The negative effects on one region that result from economic growth within another region. |
| Bulk gaining industries | Industries whose products weigh more after assembly than they ded before assembly. These places are usually located close to their markets. |
| Bulk reducing industries | Industries whose products weigh less than they did before assembly. These industries are usually located close to sources of raw materials. |
| Conglomerate corporation | A firm that is comprised of many smaller firms that serve several different functions. |
| Core | National or global regions where economic power in terms of wealth, innovation, and technology, is concentrated. |
| Core-priphery model | A model of the spatial structure of development in which underdeveloped countries are defined by their dependence on a developed core region. |
| Cottage industry | An industry in which the production of goods and services is based in homes, as opposed to factories. |
| Deglomeration | The dispersal of an industry that formerly existed in an established agglomeration. |
| Developement | The process of economic growth, expansion, or realization of regional resource potential. |
| E-commerce | Web-based economic activities. |
| Economic backwaters | Regions that fail to gain from national economic developement. |
| Ecotourism | A 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. |
| Export-processing zone | Areas where governments create favorable investment and trading conditions to attract export-oriented industries. |
| East world | Areas of the world, usually the economic core, that experience greater levels of connection due to high-speed telecommunications and transportation technologies. |
| Footloose firms | Manufacturing activities in which cost of transporting both raw materials and finished product is not important for determining the location of the firm. |
| Fordism | System of standardized mass production attributed to Henry Ford. |
| Foreign investment | Overseas business investments made by private companies. |
| Gender equity | A measure of the opportunities given to woman compared to men within a given country. |
| Globalization | The idea that the world is becoming increasingly interconnected on a global scale such that smaller scales of political and economic life are becoming obsolete. |
| Gross Domestic Product | The total value of goods and services produced within the borders of a country during a specific time period, usually one year. |
| Gross National Product | The total value of goods and services, including income received from abroad, produced by the residents of a country within a specific time period, usually one year. |
| Human Development index | Measure used by the UN that calculates development not in terms of money or productivity but in terms of human welfare. The HDI evaluates human based on life expectancy, education, and income. |
Created by:
gwendolyn_dba