APHG Unit 5 Economy Barrons & Rubenstein
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| show | An input cost in manufacturing that remains constant wherever production is located.
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| show | An input cost in manufacturing that changes signif-icantly from place to place in its total amount and in its relative share of total costs.
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| show | Goods that are not mass-produced but rather assembled indi¬vidually or in small quantities.
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| Sustainable development | show 🗑
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| Tertiary economic activities | show 🗑
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| show | A firm that conducts business in at least two sep¬arate countries; also known as multinational corporations.
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| show | A group of cities that form an interconnected, internationally dominant system of global control of finance and commerce.
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| World-systems theory | show 🗑
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| show | Countries that usually have low levels of economic productivity, low per capita incomes, and generally low standards of living. The world eco¬nomic periphery includes Africa (except for South Africa), parts of South America, and Asia.
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| show | Economic activities in which natural resources are made available for use or further processing, including mining, agricul¬ture, forestry, and fishing.
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| Productivity | show 🗑
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| Purchasing Power Parity | show 🗑
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| show | activities Economic activities concerned with research, information gathering, and administration.
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| Quinary economic activities | show 🗑
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| Regionalization | show 🗑
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| Rostow's stages of development | show 🗑
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| show | The manufacturing region in the United States that is currently debilitated because many manufacturing firms have relocated to countries offering cheaper labor and relaxed environmental regulations.
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| show | Economic activities concerned with the pro¬cessing of raw materials such as manufacturing, construction, and power generation.
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| show | newly industrialized countries with median standards of living. Semi-peripheral countries offer their citizens relatively diverse economic opportunities but also have extreme gaps between rich and poor.
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| show | Highly developed economies that focus on research and development, marketing, tourism, sales, and telecommunications.
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| show | The developing world that does not experience the benefits of high-speed telecommunications and transportation technology
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| Human Development Index Measure (The HDI evaluates human welfare based on three parameters: life expectancy, education, and income. ) | show 🗑
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| show | The rapid economic and social changes in manufac¬turing that resulted after the introduction of the factory system to the textile industry in England at the end of the 18th century.
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| show | Process of industrial development in which countries evolve economically, from producing basic, primary goods to using modern factories for mass-producing goods.
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| show | Countries that were all at the forefront of industrial production and innovation through the middle of the 20th century.
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| Least-cost theory | show 🗑
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| show | Those countries including countries in Africa, except for South Africa, and parts of South America and Asia, that usually have low levels of economic productivity, low per capita incomes, and gener¬ally low standards of living.
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| Manufacturing region | show 🗑
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| show | Those U.S. firms that have factories just outside the United States/Mexican border in areas that have been specially designated by the Mexican government. In such areas, factories cheaply assemble goods for export back into the United States.
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| Net National Product | show 🗑
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| Offshore financial center | show 🗑
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| show | National or global regions where economic power, in terms of wealth, innovation, and advanced technology, is concentrated.
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| show | A model of the spatial structure of development in which underdeveloped countries are defined by their dependence on a devel¬oped core region.
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| Deglomeration | show 🗑
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| show | The process of economic growth, expansion, or realization of regional resource potential.
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| show | Web-based economic activities.
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| show | Regions that fail to gain from national economic development.
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| show | Areas where governments create favorable invest¬ment and trading conditions to attract export-oriented industries.
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| show | Areas of the world, usually the economic core, that experience greater levels of connection due to high-speed telecommunications and trans¬portation technologies.
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| show | Manufacturing activities in which cost of transporting both raw materials and finished product is not important for determining the loca¬tion of the firm.
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| Fordism | show 🗑
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| Foreign investment | show 🗑
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| show | equity A measure of the opportunities given to woman compared to men within a given country.
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| Globalization | show 🗑
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| show | The total value of goods and services produced within the borders of a country during a specific time period, usually one year.
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| Gross National Product | show 🗑
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| Development | show 🗑
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| show | compares the abil¬ity of women and men to participate in economic and political decision making.
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| show | compares the level of development of women with that of both sexes.
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| show | Indicator of level of development for each country, constructed by United Nations, combining income, literacy, education, and life expectancy.
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| Gross domestic product (GDP) | show 🗑
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| Less developed country (LDC) | show 🗑
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| show | The percentage of a country's people who can read and write.
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| show | Also known as a relatively developed country or a developed country, a country that has progressed relatively far along a continuum of development.
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| show | The portion of the economy concerned with the direct extraction of materials from Earth's surface, generally through agriculture, although sometimes by mining, fishing, and forestry.
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| show | The value of a particular product compared to the amount of labor needed to make it.
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| Secondary sector | show 🗑
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| Structural adjustment program | show 🗑
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| show | The gross value of the product minus the costs of raw materials and energy.
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