The radical change in manufacturing methods that began in Great Britain in the mid-18th century and was marked by the shift from small-scale, hand-crafted, muscle-powered production to power-driven mass production.
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Industrialization
The process in which the interaction of social and economic factors causes the development of industries on a wide scale.
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Colonialism
The practice of claiming and dominating overseas territories
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Imperialism
The push to create an empire by exercising force or influence to control other nations or people.
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Primary
Economic sector associated with removing or harvesting products from the earth; includes agriculture, fishing, forestry, mining or quarrying, and extracting liquids or gas.
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Secondary
Economic sector associated with the production of goods from raw materials; includes manufacturing, processing, and construction.
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Tertiary
Economic sector that includes a host of activities that involve the transport, storage, marketing, and selling of goods or services; also called the service sector.
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Quaternary
Economic sector that is a subset of tertiary sector activities that requires workers to process and handle information and environmental technology.
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Quinary
Economic sector that is a subset of the quaternary sector; involves the very top leaders in government, science, universities, nonprofits, health care, culture, and media.
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Least Cost Theory
Industrial location theory suggesting that businesses locate their facilities in a particular place because that location minimizes the costs of production.
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Core
Classification of a country or region that has wealth, higher education levels, more advanced technologies, many resources, strong militaries, and powerful allies
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Semi-periphery
Classification of a country or region that has qualities of both core and peripheral areas and is often in the process of industrializing.
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Periphery
Classification of a country or region that has less wealth, lower education levels, and less sophisticated technologies and also tends to have an unstable government and poor healthcare system.