1/9
These flashcards cover key terms and concepts from the lecture notes on economic geography and development.
Name | Mastery | Learn | Test | Matching | Spaced |
|---|
No study sessions yet.
Toponym
A place name, particularly one derived from a geographical feature.
Land Acknowledgment
A statement recognizing the traditional territories of Indigenous peoples.
Economic Geography
A subdiscipline that describes and explains the location of economic activities and the flows of goods, information, and people.
Economic Development
Processes of change in the economy of regions that involves changes in prosperity and structural composition.
Gross Domestic Product (GDP)
The standard measure of the value of final goods and services produced by a country during a certain period.
Human Development Index (HDI)
A composite measure that considers health (life expectancy), education (years of schooling), and income to assess human development.
Dependency Theory
The theory that resources flow from periphery countries to core countries, leading to the underdevelopment of peripheral regions.
Transnational Corporation (TNC)
A company that operates in multiple countries and has business activities across international borders.
Deindustrialization
The decline of industrial activity in a region, often leading to a decrease in employment in manufacturing.
Flexible Production Systems
Manufacturing processes that allow companies to quickly adjust to changing market demands and output levels.