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Terms in this set (38)
a natural resource that can be converted by humans into other forms of energy in order to do useful work
least cost location
A site chosen for industrial development where total costs are theoretically at their lowest, as opposed to location at the point of maximum revenue
industrial location theory
Alfred Weber, the selection of optimal factory locations has much to do with the minimization of land, labor, resource, and transportation costs, variable-cost framework that affects location of factory sites
Costs that do not vary with the quantity of output produced
Expansion of economic activity caused by the growth or introduction of another economic activity
The place in which the production and manufacturing of goods is exported.
industry in which the cost of transporting both raw materials and finished product is not important for the location of firms
A crisis in which needed resources are not available to the consumers that need them.
economic development, or growth, is not uniform over an entire region, but instead takes place around a specific pole.
Big commercial center for importing and exporting commodities.
The deliberate killing of a place through industrial expansion and change, so that its earlier landscape and character are destroyed.
The dispersal of an industry that formerly existed in an established agglomeration
All the businesses that make one kind of product or offer one kind of service.
A new form of global power relationships that involves not direct political control but economic exploitation by multinational corporations
Rain containing high amounts of chemical pollutants.
A type of tourism focused on guided travel through natural areas.
the time in society that came after the Industrial Revolution
the highly industrialized economies of Hong Kong, South Korea, Singapore, and Taiwan.
A group of cities that form an interconnected, internationally dominant system of global control of finance and commerce
Costs that change as output changes
economies of scales
Reduction in long-run average and marginal costs, due to increase in size of an operating unit ( a factory or plant, for example).
An organization that provides communications and networking services. A communications and networking "service provider." See common carrier and private carrier
Factories built by US companies in Mexico near the US border to take advantage of much lower labor costs in Mexico.
Referring to economic and political policies by which major developed countries are sent to retain or extend influence over the economies of less developed countries and peoples.
The contact and interaction of one culture with another
purchasing power parity
a measure of how many units of currency are needed in one country to buy the amount of goods and services that one unit of currency will buy in another country
stages of growth
(model) - all countries follow a similar path to development advancing through five stages: traditional, preconditions of takeoff, takeoff, drive to maturity, high mass consumption
Wallersteins theory of the core, semi periphery, periphery, and external areas. The core benefited the most from the development of a capitalist world economy. Semi perihpery was the buffer between the core and periphery. Periphery are states that lack strong central gov'ts or are controlled by other states. External areas are states that mainteained their own economic system and for the most part, remianed outside of the capitalist world economy
(nucleation) clustering of people or businesses for mutual benefits of close proximity; can share labor pools, technological and financial amenities, and ancillary industries (support large-scale industries).
bid rent theory
different land users are prepared to pay different amounts, the bidrents, for locations at various distances from the city center.
A trading post where merchandise can be imported and exported without paying import duties
break of bulk
A location where transfer is possible from one mode of transportation to another. i.e. a steel mill near the port of Baltimore receives iron ore by ship from South AMerica and coal by train from Appalachia.
A trade agreement between Canada, the United States and Mexico that encourages free trade between these North American countries.
present, appearing, or found everywhere
German geographer who was a major theorists of industrial location. He devised a model of how to understand industrial locations in regard to several factors, including labor supply, markets, resource location, and transpiration.
A labor-intensive industry is an industry in which wages and other compensation paid to employees constitute a higher percentage of expenses.
Point-source pollution enters a body of water at a specific location.Tend to be smaller in quantity and easier to control main sources of pollution are manufacturers and municipal sewage systems
Nonpoint-source pollution comes from a large, diffuse area.Usually pollute in greater quantities and harder to control.Principal nonpoint source is agriculture.Fertilizers and pesticides spread on fields are carried into rivers and lakes by runoff