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Human Geo chapter 12
Term | Definition |
---|---|
Agglomeration | a process involving the clustering or concentrating of people/ activities. Often refers to manufacturing plants, and businesses that benefit from close proximity because they share skilled labor pools and technological and financial amenities |
Break of bulk theory | location along a transport route where goods must be transferred from one carrier to another. In a port, cargoes of ships are uploaded and put on trains and trucks for inland distributions. |
Commodification | the process through which something is given monetary value |
Commodity theory | the scarcer something is, the more desirable it becomes |
Comparative advantage | the ability to produce a good at a lower opportunity cost then another producer |
Deindustrialization | a phenomenon characterized by a share of total employment falling dramatically in more developed countries |
Ecotourism | a form of tourism, based on the enjoyment of scenic areas or natural wonders that aim to provide an experience of nature or culture in a environmentally sustainable way. |
Flexible production system | a system of industrial production by a set of processes in which the components of goods are made in different places around the globe and then brought together as needed to meet customers demand. |
Fordist | highly organized and specialized system or organizing industrial production or labor. Named after automobile producer Henry Ford Fordist production, features assembly line production of standardized components of mass production |
Friction of distance | increase in time and cost that usually comes with increasing distance |
Gender empowerment measure (GEM) | compares the ability of men and women to participate in economic and political decision making |
Gender inequality Index (GII) | a measure of the extent of each countries gender inequality |
Global division of labor | phenomenon whereby corporations and others can draw from labor markets around the world |
Globalization | the expansion of economic, political, and cultural processes to the point that they become global in scale and impact |
IMF (International Monetary Fund) | organization which gives loans to poor countries |
Industrial Revolution | social and economic changes in agriculture commerce and manufacturing that resulted from technological innovations and specialization in late eighteenth- century |
Intermodal Connections | places where two or more modes of transportation meet (including air, road, rail, barge, ship) |
Just In Time Delivery | Method of inventory management made possible by efficient transportation and communications systems, whereby companies keep on hand just what they need for near term production |
Least Cost Theory | Model developed by Alfred Weber according to which the location of manufacturing establishments is determined by the minimization of the three critical expenses: labor, transportation and agglomeration |
Newly Industrializing countries (NIC) | states that underwent industrialization after World War II and whose economies have grown at a rapid pace |
Offshore | with reference to production, to outsource to a third party located outside of the country. Ex Ford motor company’s car parts being made in Mexico |
outsourced | with reference to production, to turn over a third party located outside of the country. Ex outsource call center service jobs to India |
Product Life Cycle | the introduction growth, maturation, and decline of product |
Rust Belt | the post industrial region of the northeast and midwest, referring to its economic decline, population loss, and urban decay due to the shrinking of its once powerful industrial sectors |
Spatial Fix | the movement of production from one site to another based on the place - based cost advantages of the new site |
SunBelt | the south and southwest of regions of the U.S where climate is warm |
Technopole | centers or nodes of high tech research and activity around the high technology corridor |
Vertical Integration | ownership by the same firm of a number of companies that exist along a variety of points on the commodity chain |