Unit 6- Development & Industry
Terms in this set (24)
a mass or collection of things; an assemblage.
EX-the arts center has theaters, galleries, shops, restaurants, and bars.
Break of Bulk point
a place where goods are transferred from one mode of transport to another.
EX- the docks where goods transfer from ship to truck.
An estimate of the amount of oil or natural gas reserves that may be available for extraction
an estimated quantity of all hydrocarbons statistically defined as crude oil or natural gas.
A production where the import weighs more than the final product.
that makes something that gains volume or weight during production. (finished product weighs more than the raw materials)
Compressed Modernity *
is a civilizational condition in which economic, political, social and/or cultural changes occur in an extremely condensed manner
the farther away someone is from another the less likely it is to interact with each other
International Division of labor
The term was coined by theorists seeking to explain the spatial shift of manufacturing industries from advanced capitalist countries to developing countries
addresses the questions of what economic activities are located where and why.
a factory in Mexico run by a foreign company and exporting its products to the country of that company.
is a manufacturing operation, where factories import certain material and equipment on a duty-free and tariff-free basis for assembly, processing, or manufacturing
was an event that restored practical imperial rule to Japan in 1868 under the Emperor
is an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries.
Northeast District (China)
Manchuria, centered on the region's coal and iron deposits near the city of Shenyang
Export Oriented Industries
(EOI) sometimes called export substitution industrialization (ESI), export led industrialization (ELI) or export-led growth is a trade and economic policy aiming to speed up the industrialization process of a country by exporting goods for which the nation has a comparative advantage.
uses land, labor, and capital
is a composite statistic (composite index) of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development
is a type of intergovernmental agreement, often part of a regional intergovernmental organization, where barriers to trade (tariffs and others) are reduced or eliminated among the participating states.
Friction of Distance
is based on the notion that distance usually requires some amount of effort, energy, time, and/or other resources to overcome.
the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input.
a natural fuel such as coal or gas, formed in the geological past from the remains of living organisms.
was a Scottish inventor, mechanical engineer, and chemist who improved on Thomas Newcomen's 1712 Newcomen steam engine with his Watt steam engine
the basic physical and organizational structures and facilities (e.g., buildings, roads, and power supplies) needed for the operation of a society or enterprise.
is an index for measurement of gender disparity
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