Words from learning objective 7.7 and 7.8
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barter | show 🗑
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show | A decision by a corporation to turn over much of the responsibility for production to independent suppliers.
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offshoring | show 🗑
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economic restructuring | show 🗑
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show | a feature of economic development in peripheral countries whereby the host country establishes areas with favorable tax, regulatory, and trade arrangements in order to attract foreign manufacturing operations
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show | specific area within a country in which tax incentives and less stringent environmental regulations are implemented to attract foreign business and investment
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show | A group of neighboring countries that promote trade with each other and erect barriers to limit trade with other blocs
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free trade zones | show 🗑
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show | zones established by many countries in the periphery and semi-periphery where they offer favorable tax, regulatory, and trade arrangements to attract foreign trade and investment
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international division of labor | show 🗑
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Fordist production | show 🗑
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Post Fordist production | show 🗑
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substitution principle | show 🗑
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show | An effect in economics in which an increase in spending produces an increase in national income and consumption greater than the initial amount spent.
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show | factors that cause a producer's average cost per unit to fall as output rises
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show | Shipment of parts and materials to arrive at a factory moments before they are needed
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show | Companies that support the growth and development of sophisticated technologies. It is a very new industry that has rapidly transformed many cities and countries.
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show | economic activities that are deliberately organized around one or more high-growth industries.
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front office | show 🗑
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back office | show 🗑
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NGOs (non-governmental organizations) | show 🗑
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show | the practice and business of recreational travel based on concern for the environment
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UN Sustainable goals | show 🗑
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agglomeration economies | show 🗑
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show | the property whereby long-run average total cost falls as the quantity of output increases
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show | A region where specific industries cause economic growth within the industry as well as the housing market and local economy, causing growth
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Or sort by any of the columns using the down arrow next to any column heading.
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