unit 7 :( Flashcards

(48 cards)

1
Q

Unit 7.1 – Where did the Industrial Revolution begin and why?

A

Great Britain in the late 1700s because of natural resources (coal and iron), capital, labor supply, and access to waterways for transportation.

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2
Q

Unit 7.1 – What are three effects of the Industrial Revolution?

A

Urbanization, factory production, and population growth.

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3
Q

Unit 7.3 – What is Weber’s Least Cost Theory?

A

Industries locate where they can minimize transportation, labor, and agglomeration costs.

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4
Q

Unit 7.3 – What are the three variables in Weber’s Least Cost Theory?

A

Transportation costs, labor costs, and agglomeration.

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5
Q

Unit 7.3 – What is agglomeration?

A

The clustering of businesses in one location to share services, labor, suppliers, and infrastructure.

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6
Q

Unit 7.4 – What is a bulk-reducing industry?

A

An industry where the final product weighs less than the raw materials, so factories locate near raw materials. Examples: steel, lumber, copper.

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7
Q

Unit 7.4 – What is a bulk-gaining industry?

A

An industry where the final product weighs more than the raw materials, so factories locate near markets. Examples: beverages, automobiles, furniture.

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8
Q

Unit 7.4 – What is a break-of-bulk point?

A

A place where goods are transferred between transportation types, such as ports or airports.

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9
Q

Unit 7.5 – What is Fordism?

A

Mass production using assembly lines to produce standardized goods efficiently.

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10
Q

Unit 7.5 – What is Post-Fordism?

A

Flexible production using smaller batches, technology, and specialized products.

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11
Q

Unit 7.6 – What is outsourcing?

A

When companies hire outside companies to perform business tasks to reduce costs.

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12
Q

Unit 7.6 – What is offshoring?

A

Moving business operations or jobs to another country to reduce costs.

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13
Q

Unit 7.6 – What are Special Economic Zones (SEZ)?

A

Areas where governments offer tax breaks and fewer regulations to attract foreign investment and manufacturing.

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14
Q

Unit 7.6 – What are maquiladoras?

A

Factories in northern Mexico that assemble imported materials and export finished goods.

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15
Q

Unit 7.6 – What are Export Processing Zones (EPZ)?

A

Industrial areas where companies import materials, assemble products, and export them.

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16
Q

Unit 7.7 – What is the New International Division of Labor?

A

The shift of manufacturing from developed countries to developing countries with cheaper labor.

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17
Q

Unit 7.7 – What is the Human Development Index (HDI)?

A

A measure of development based on life expectancy, education, and income (GNI per capita).

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18
Q

Unit 7.7 – What are the three parts of Wallerstein’s World Systems Theory?

A

Core, Semi-periphery, and Periphery countries.

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19
Q

Unit 7.7 – What are periphery countries?

A

Less developed countries that provide raw materials and cheap labor.

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20
Q

Unit 7.7 – What are core countries?

A

Wealthy, highly developed countries that control technology and global trade.

21
Q

Unit 7.8 – What is sustainable development?

A

Development that meets current needs without harming future generations.

22
Q

Unit 7.7 – What are semi-periphery countries?

A

Countries that are industrializing and fall between core and periphery.

23
Q

Unit 7.8 – What is just-in-time delivery?

A

A system where parts arrive exactly when needed for production to reduce storage costs.

24
Q

Where, when, and why did the Industrial Revolution begin?

A

Great Britain in the late 1700s because of coal and iron resources, capital, labor supply, and access to waterways for trade.

25
What were three effects of the Industrial Revolution?
Urbanization, factory production, and population growth.
26
Why was the steam engine important to industrial development?
It powered factories, trains, and ships, allowing faster production and transportation.
27
What two major factors influence where industries locate?
Transportation costs and labor costs.
28
What cost do companies try to minimize when selecting a factory location?
Transportation costs.
29
What is a bulk-reducing industry?
An industry where the final product weighs less than the raw materials, so factories locate near the resource. Examples: steel, copper, lumber.
30
What is a bulk-gaining industry?
An industry where the final product weighs more than the raw materials, so factories locate near markets. Examples: automobiles, beverages, furniture.
31
What is a labor-intensive industry?
An industry that requires a large amount of human labor. Examples: clothing manufacturing and electronics assembly.
32
What are footloose industries?
Industries that are not tied to raw materials or markets and can locate almost anywhere. Examples: software companies and call centers.
33
What are break-of-bulk points?
Locations where goods are transferred between transportation types, such as ports, rail terminals, and airports.
34
What three factors does the Human Development Index (HDI) measure?
Life expectancy, education, and GNI per capita (income).
35
What is GDP?
The total value of goods and services produced within a country in one year.
36
What is GNI per capita?
The average income of a country's citizens, including income earned abroad.
37
What is the Gender Inequality Index (GII)?
A measure of gender inequality based on reproductive health, political empowerment, and labor participation.
38
What are Rostow’s five stages of economic development?
Traditional Society Preconditions for Takeoff Takeoff Drive to Maturity Age of High Mass Consumption
39
What is Wallerstein’s World Systems Theory?
A theory that divides the world economy into core, semi-periphery, and periphery countries based on economic power.
40
What are core countries?
Wealthy countries with advanced technology and strong economies that dominate global trade.
41
What are periphery countries?
Poorer countries that provide raw materials and cheap labor to core countries.
42
What are semi-periphery countries?
Countries that are industrializing and fall between core and periphery in development.
43
What are tariffs?
Taxes placed on imported goods to protect domestic industries.
44
What are trading blocs?
Groups of countries that trade with each other under reduced tariffs. Examples: EU, NAFTA, Mercosur.
45
What are maquiladoras?
Factories in northern Mexico that assemble imported materials and export finished goods.
46
What is the new international division of labor?
The shift of manufacturing from developed countries to developing countries with cheaper labor.
47
What is sustainable development?
Development that meets current needs without harming the ability of future generations to meet their needs.
48
What is ecotourism?
Tourism focused on protecting natural environments while providing jobs for local communities.