industry (key issues 3 & 4)
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Created by:
cjinneth on March 21, 2011
Subjects:
Classes:
Ridge Community High School Ap Human Geography
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17 terms
Terms | Definitions |
|---|---|
what are the years of growth of manufacturing? | 1700-1970s |
why has growth (manufacturing) in LDC slowed? | because of population growth has slowed;wages have not risen as quickly; inflation and population is demanding high quality goods. |
what practice has slowed manufacturing and industries? | recycling |
what are the 3 most important trading bloc? | western hemisphere (NAFTA)western europe (european union) east asia (pacific rim countries) |
give an example of single market | fashion industry |
competition between trading blocs leads to | taxing imports and limiting number of imports and exports |
give examples of transnational corporations | maquiladorasenvironmental laws in LDC vs. MDC cost of labor in LDC vs. MDC |
Name problems LDCs face (4) | distance from market lack of infrastructure often must sell their goods to their own people who cant afford them high geographic isolation |
define: situational factors | cost of transportation of imputs |
define: site factors | costs of land labor and additional capital |
define: bulk reducing | industries refine large amounts of raw materials final product weighs less |
give an example of how industries reduce transportation and energy costs | bulk reducing industries close to mines and power sources |
define: bulk gaining industries | final product gains weight and volume |
define: single market manufacturers | products made in one location |
what is the cheapest form of transportation | sea |
what is the most expensive form of transportation | air |
define: break of bulk | areas where transportation modes change |
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