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AP Human Industry
McCahon industry vocab
| Term | Definition |
|---|---|
| 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. |
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16sarh16
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