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AP Human Industry

McCahon industry vocab

TermDefinition
Agglomeration economics the savings to an individual enterprise derived from locational association with a cluster of other similar economic activites, such as other factories or retail stores.
Carrier Efficiency the ratio of output to input for a given carrier.
Entrepot a trading center,or simply a warehouse, where merchandise can be imported and exported without paying important duties , often at a profit.
Maquiladora factories built by US companies in Mexico near the US porder to take advantage of much lower labor costs.
Ozone Depletion a slow, steady decline of about 4% per decade in the total volume of ozone in Earth's stratosphere (ozone layer) since the late 1970s, and a much larger, but seasonal, decrease in stratospheric ozone over Earth's polar regions during the same period.
Topocide the deliberate killing of a place through industrial expansion and change, so that its earlier landscape and character are destroyed.
World cities cities most closely integrated into the global economic system because they are in the center of the flow of information and capital.
Cumuitative causation the spiral buildup of advantages that occurs in specific geographic settings as a result of the development of external economies, agglomeration effects, and localization economies.
Deglomeration the process of industrial deconcentration in response to technological advances and/or increasing costs due to congestion and competition.
Heartland Rimland Nicholas Spykman's theory that the domination of the coastal fringes of Eurasia would provided the base for world conquest.
Major manufacturing regions Eastern United States, Mexico, Eastern Europe, Western Europe, and East Asia. These regions are hte leaders in inudstry and therefore significant to geography.
NAFTA an agreement for free trade between the United States and Canada and Mexico; became effective in 1994 for ten years. North American Free Trade Agreement.
Fixed Costs are business expenses that are not dependent on the activities of the business They tend to be time-related, such as salaries or rents being paid per month. This is in contrast to variable costs, which are volume-related (and are paid per quantity).
Threshold Range central place theory) - the maximum/minimum market possible/needed to support the supply of a product or service.
Transnational Corporation (TNC) - a company that conducts research, oparates factories, and sells products in many countries, not just where its headquarters or shareholders are located.
Variable costs a cost of enterprise and operation that varies either by output level or by location of the activity.
Ecotourism tourism to exotic or threatened ecosystems to observe wildlife or to help preserve nature.
Aluminum industry aluminum business: manufacturers of aluminum considered as a group.
Bid Rent theory is a geographical economic theory that refers to how the price and demand for real estate changes as the distance from the Central Business District (CBD) decreases.
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.
Created by: 16sarh16