hgap unit 7
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Industry | show 🗑
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show | The basic materials from which a product is made.
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Market | show 🗑
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Cottage industry | show 🗑
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show | A period of rapid industrial development characterized by the introduction of machinery and the mass production of goods.
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show | A region with a high concentration of industrial activity.
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Deindustrialize | show 🗑
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show | A region in the northeastern United States characterized by declining industry and urban decay.
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Primary sector | show 🗑
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show | The sector of the economy that processes raw materials into finished goods.
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show | The sector of the economy that provides services rather than producing goods.
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show | The sector of the economy that involves intellectual activities such as research and development.
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show | The sector of the economy that involves high-level decision making and management.
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show | The phenomenon whereby an initial change in spending leads to a chain reaction of further changes in spending.
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show | A theory that explains the location of industries based on minimizing transportation and production costs.
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show | The benefits that firms gain by locating near each other in clusters or agglomerations.
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Locational triangle | show 🗑
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Bulk reducing industries | show 🗑
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Bulk gaining industries | show 🗑
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show | Industries that rely heavily on labor rather than capital for production.
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Break of bulk | show 🗑
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show | The process of transporting goods in standardized containers.
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Intermodal | show 🗑
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show | Industries that are not tied to a specific location and can easily relocate.
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show | The parts of a business that interact directly with customers.
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Back offices | show 🗑
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show | The total value of goods and services produced by a country's residents, regardless of where they are located.
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Gross national income | show 🗑
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show | The total value of goods and services produced within a country's borders in a given period of time.
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show | Money sent by migrants to their home country.
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show | Per person.
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Purchasing power parity | show 🗑
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Formal sector | show 🗑
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Informal sector | show 🗑
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Gini coefficient | show 🗑
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show | The average number of years a person is expected to live.
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Literacy rate | show 🗑
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show | The difference in opportunities, status, and attitudes between men and women.
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show | A measure of gender disparities in a country's health, education, and income.
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Human development index | show 🗑
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Nongovernmental organizations | show 🗑
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Microcredit | show 🗑
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Stages of Economic Growth model | show 🗑
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show | A theory that divides the world into core, semi-peripheral, and peripheral regions, with the core benefiting from the exploitation of the periphery.
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show | A theory that suggests that underdeveloped countries are dependent on developed countries for economic growth and development, often due to historical colonial relationships.
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Non-governmental organization (NGO) | show 🗑
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Commodities | show 🗑
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Commodity dependence | show 🗑
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show | The exchange of goods and services between countries or regions.
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show | The exchange of goods or services for other goods or services without the use of money.
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show | The ability of a country or region to produce goods or services at a lower opportunity cost than other countries or regions.
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Complementarity | show 🗑
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show | The exchange of goods and services between countries without tariffs, quotas, or other restrictions.
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show | A political and economic ideology that advocates for free-market capitalism, deregulation, and reduced government intervention in the economy.
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show | Groups of countries that form agreements to promote trade and economic cooperation among themselves, often by reducing trade barriers within the bloc.
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show | The Southern Common Market, a trading bloc in South America that aims to promote economic integration among its member countries.
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World Trade Organization (WTO) | show 🗑
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International Monetary Fund (IMF) | show 🗑
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Outsourcing | show 🗑
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show | The relocation of business activities or services to a foreign country, typically to take advantage of lower labor costs.
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show | The reversal of offshoring, where businesses bring back previously outsourced activities or services to their home country.
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New international division of labor | show 🗑
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Basic economic activity | show 🗑
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show | Economic activities that produce goods or services primarily for export or outside the local economy.
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Transnational corporations (TNCs) | show 🗑
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show | Companies that operate in multiple countries but may not have the same level of integration across borders as TNCs.
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Export processing zones (EPZs) | show 🗑
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Special economic zones (SEZs) | show 🗑
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show | Manufacturing plants, typically located in Mexico, that operate under preferential tariff arrangements, often assembling goods for export to the United States.
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show | Areas within a country where goods can be imported, stored, and re-exported without being subject to customs duties.
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show | An economy characterized by a shift away from manufacturing and towards services, information technology, and knowledge-based industries.
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show | A production process where a product is assembled sequentially along a line of workers, each performing a specific task.
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Fordism | show 🗑
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Substitution principle | show 🗑
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Post-Fordist | show 🗑
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show | A production strategy where materials and components are delivered to the production line exactly when they are needed, minimizing inventory costs.
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Locational interdependence | show 🗑
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show | The benefits that firms gain from locating near each other in clusters or agglomerations.
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show | Centers of high-technology manufacturing and information-based industry.
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show | Regions or cities that serve as centers of economic growth and development, attracting investment and stimulating development in surrounding areas.
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show | Positive economic effects that result from the growth of an industry or activity, such as increased employment and investment in related sectors.
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Backwash effects | show 🗑
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Brownfields | show 🗑
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Corporate parks (business parks) | show 🗑
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show | Meeting the needs of the present without compromising the ability of future generations to meet their own needs.
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Sustainable development | show 🗑
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Ecological footprint | show 🗑
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Ecotourism | show 🗑
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Sustainable Development Goals | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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