Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Development Unit 7
AP HUG
| Term | Definition |
|---|---|
| Agglomeration | When companies cluster spatially |
| Base industry | Industry of disproportionate importance, which other industries depend on |
| Break–of–bulk point | Location where bulk cargo is transferred to a new mode of transportation |
| Cogeneration | Producing two forms of energy from one fuel |
| Comparative advantage | When one country can produce something more efficiently than others |
| Complementarity | How well country’s imports and exports line up |
| Customs union | A free trade agreement among two or more member countries, with one external trade policy for nonmembers (EUCU is an example) |
| Debt crisis | 1980s Latin America is a great example of this, also 2008 |
| Deindustrialization | Created the rust belt |
| Ecotourism | Travel that supports local conservation and communities |
| Free trade agreement | Any agreement between countries that lowers trade barriers |
| Gender Parity | Documents progress towards gender equality |
| Gross domestic product (GDP) | Total value of goods and services produced within a country |
| Gross national income (GNI) | Total income of a country's residents and businesses, regardless of where it was earned. |
| Gross national product (GNP) | Total value of goods and services made by the country’s residents |
| Import substitution | Economic development policy that tries to increase domestic goods and decrease imports– a big part of the Latin American Debt Crisis |
| Informal sector | Economy that is not taxed |
| International division of Labor | Uneven world economic system created by imperialism |
| International Monetary Fund | Loans money, a huge part of neoliberal globalization after WWII. |
| Labor productivity | The average amount of goods or services produced per worker per unit of time |
| Least–cost theory | Webers theory about how weight of goods impacts locations |
| Mercosur | South American trade bloc |
| Microloan | Very small loans to high credit risk people |
| Multiplier effects | When investment in one industry indirectly causes more businesses and jobs |
| Neoliberalism | Pro–free trade market, pro–capitalist, pro–transnational corporations, anti–government regulations in the global economy |
| Offshoring | When companies relocate manufacturing, etc. to another country |
| OPEC | Oil producing country trade agreement |
| Outsourcing | When companies transfer part of their own operations to a third party |
| Point source pollution | Any single place of contamination |
| Post–Fordism | Shift away from a central manufacturing center, away from mass production, and away from a permanent workforce |
| Primary sector | Extractive industries |
| Protectionism | Government policy of increasing trade barriers and regulations on imports |
| PPP– Purchasing power parity | Measures countries by how much they can buy for the same amount of money |
| Quaternary sector | Innovation and invention industries |
| Quinary Sector | Global–scale level of management industries |
| Secondary sector | Manufacturing industries |
| SDGs | Holistic goals for global sustainable development |
| Special economic zone (SEZ) | Areas in developing countries where normal laws do not apply to attract businesses, little of the money reaches the local people |
| Tertiary sector | Service industries |
| World systems Theory | Wallerstein’s theory that countries are split between core– periphery– semi–periphery |
| Growth Pole | Geographically pinpointed center of economic activity organized around a designated industry, commonly n the high-tech sector. |
Created by:
jpastel
Popular AP Human Geography sets