Home
Explore
Exams
Search for anything
Search for anything
Login
Get started
Home
Studied by 0 people
0.0
(0)
Add a rating
View linked note
Learn
A personalized and smart learning plan
Practice Test
Take a test on your terms and definitions
Spaced Repetition
Scientifically backed study method
Matching Game
How quick can you match all your cards?
Flashcards
Study terms and definitions
1 / 69
There's no tags or description
Looks like no one added any tags here yet for you.
70 Terms
View all (70)
Star these 70
1
Industry
A distinct group of economic activities related to the production of goods and services.
New cards
2
Raw materials
Basic materials that are used to produce goods.
New cards
3
Industrialization
The process of transitioning from an agrarian economy to one based on manufacturing.
New cards
4
Industrial Revolution
A period of rapid industrial growth and technological innovation that began in the late 18th century.
New cards
5
Cottage industries
Small-scale, home-based production of goods, typically by family units.
New cards
6
Economic sectors
Categories of the economy based on different types of economic activity.
New cards
7
Primary sector
The sector that involves the extraction of natural resources.
New cards
8
Examples of primary sector jobs
Agriculture, mining, fishing, forestry.
New cards
9
Secondary sector
The sector that involves manufacturing and processing of goods.
New cards
10
Examples of secondary sector jobs
Construction, manufacturing, food processing.
New cards
11
Tertiary sector
The sector that provides services rather than goods.
New cards
12
Examples of tertiary sector jobs
Retail, healthcare, education, finance.
New cards
13
Quaternary sector
The sector focused on knowledge-based activities involving services related to technology.
New cards
14
Examples of quaternary sector jobs
Research and development, IT services, consulting.
New cards
15
Quinary sector
The sector that focuses on high-level decision making and specialized knowledge.
New cards
16
Examples of quinary sector jobs
Non-profit activities, education, healthcare.
New cards
17
Postindustrial economy
An economy that has transitioned from manufacturing-based to service-oriented.
New cards
18
Countries with a postindustrial economy
United States, Canada, Japan.
New cards
19
Gross Domestic Product (GDP)
The total monetary value of all finished goods and services produced within a country's borders in a specific time period.
New cards
20
Dual economies
An economy that features both modern and traditional sectors, often with significant disparities.
New cards
21
Peripheral countries will have a high percentage of _________ jobs.
Primary jobs, due to reliance on agriculture and raw material extraction.
New cards
22
Semi-peripheral countries will have a high percentage of ________ jobs.
Secondary jobs, as they have more industrial processing.
New cards
23
Core countries will have a high percentage of ________ jobs.
Tertiary jobs, owing to advanced economies focused on services.
New cards
24
Primary sector jobs will normally be found in the _________ area.
Rural; they are closely tied to natural resource extraction.
New cards
25
Secondary sector jobs will normally be found in the ________ area.
Urban; they are located near infrastructure and markets.
New cards
26
Tertiary sector jobs will normally be found in the ________ area.
Urban; they thrive in population-dense regions.
New cards
27
How does economic development impact urbanization?
Economic development often drives urbanization as people move to cities for job opportunities.
New cards
28
How does the role of women change as a result of economic development?
Women gain more opportunities in education and careers as economies grow.
New cards
29
Least-cost theory
A concept that explains the location of industries based on minimizing costs.
New cards
30
Factors influencing least-cost theory decision
Transportation, labor, and agglomeration.
New cards
31
Agglomeration
The clustering of industries in a specific area to benefit from shared resources and services.
New cards
32
Break-of-bulk points
Locations where goods are transferred from one mode of transport to another.
New cards
33
Bulk-reducing industries
Industries that lose weight during production, located closer to raw materials.
New cards
34
Bulk-gaining industries
Industries that gain weight during production, located closer to markets.
New cards
35
Industrial parks
Designated areas for industrial development, often found near transportation hubs.
New cards
36
Capitalists seek to minimize ________ so they can maximize ________.
Costs; profits.
New cards
37
Human development
The process of improving people's well-being and quality of life.
New cards
38
Gross National Product (GNP)
The total value of all goods and services produced by a country's residents.
New cards
39
Gross National Income (GNI)
Total income earned by a country's residents and businesses, including any income earned abroad.
New cards
40
Formal sector
The part of the economy that is regulated and taxed by the government.
New cards
41
Informal sector
The part of the economy that is not regulated or taxed.
New cards
42
Human Development Index (HDI)
A composite index measuring average achievement in key dimensions of human development.
New cards
43
Purchasing Power Parity (PPP)
An economic theory that allows the comparison of the purchasing power of various world currencies.
New cards
44
Core countries represent the most __________.
Economically developed and industrialized nations.
New cards
45
Countries in the periphery have less __________.
Economic resources and development.
New cards
46
Countries in the semi-periphery have growing ________.
Economies that are transitioning towards higher development.
New cards
47
Some high-income economies seem prosperous, but ________.
Have significant internal disparities.
New cards
48
Total Fertility Rate (TFR)
The average number of children a woman would have in her lifetime.
New cards
49
Infant Mortality Rate (IMR)
The number of infant deaths for every 1,000 live births.
New cards
50
Life Expectancy
The average number of years a person can expect to live.
New cards
51
Literacy Rates/Education Standards
Measures of educational attainment and reading/writing skills in a population.
New cards
52
GNI does not always mean you will have a high HDI score because __________.
Income inequality or poor access to health and education can skew HDI.
New cards
53
Limitations of using HDI
It doesn't capture disparities in income distribution or qualitative aspects of development.
New cards
54
Gender Development Index (GDI)
An index measuring gender disparities in human development.
New cards
55
Gender Inequality Index (GII)
An index measuring inequality between genders in three dimensions: reproductive health, empowerment, and labor market.
New cards
56
A GII of 0.0 means:
Perfect equality between genders.
New cards
57
A GII of 1.0 means:
Total inequality between genders.
New cards
58
Women's Empowerment
The process of increasing the capacity of women to make choices.
New cards
59
Maternal mortality rate (MMR)
The number of women who die from pregnancy-related causes per 100,000 live births.
New cards
60
Adolescent birth rate (ABR)
The number of live births per 1,000 women aged 15-19.
New cards
61
Political representation measured
By the percentage of women elected to political office.
New cards
62
Educational attainment measured
By the highest level of education completed.
New cards
63
Economic Opportunities for women in core countries
Broader and more varied, often include high-level positions.
New cards
64
Microloans
Small loans designed to support entrepreneurship in developing countries.
New cards
65
Purpose of microloans
To enable women to start their businesses and become financially independent.
New cards
66
Ecotourism
Responsible travel to natural areas that conserves the environment and improves the well-being of local people.
New cards
67
Environmental costs of extracting natural resources
Pollution, habitat destruction, and depletion of resources.
New cards
68
Social costs of extracting natural resources
Displacement of communities and loss of livelihoods.
New cards
69
U.N.’s 17 Sustainable Development Goals purpose
To address global challenges and promote prosperity while protecting the planet.
New cards
70
Concerns about ecotourism
Over-tourism, cultural commodification, and impacts on local societies.
New cards
Explore top notes
Chapter 1: Structure of the Atom
Note
Studied by 14 people
1005 days ago
4.0
(1)
Preview
🫡
Chapter 5: Shorter is Better
Note
Studied by 162 people
624 days ago
5.0
(1)
Preview
Geography Term 4
Note
Studied by 16 people
122 days ago
5.0
(1)
Preview
🌳
Chapter 19 - Plants
Note
Studied by 22 people
743 days ago
5.0
(1)
Preview
AP Vocab 4
Note
Studied by 61 people
882 days ago
4.0
(1)
Preview
Letter #24
Note
Studied by 8 people
176 days ago
5.0
(1)
Preview
Chapter 18 - Reconstruction
Note
Studied by 10 people
898 days ago
5.0
(1)
Preview
đź’Ą
PHRASAL VERBS
Note
Studied by 255 people
686 days ago
4.8
(9)
Preview
Explore top flashcards
Hiragana
Flashcard (127)
Studied by 31 people
911 days ago
5.0
(1)
Preview
medical imaging
Flashcard (20)
Studied by 19 people
266 days ago
5.0
(1)
Preview
Vocabulary List #14
Flashcard (20)
Studied by 8 people
784 days ago
5.0
(1)
Preview
chapter 5 spanish
Flashcard (28)
Studied by 29 people
737 days ago
5.0
(2)
Preview
EMS_ Term 3 & 4
Flashcard (67)
Studied by 9 people
837 days ago
5.0
(1)
Preview
Spanish 4 Honors Vocabulary Semester I
Flashcard (315)
Studied by 51 people
763 days ago
5.0
(4)
Preview
Midterm Martin and Ch. 7 Intercultural
Flashcard (29)
Studied by 15 people
379 days ago
5.0
(1)
Preview
G8 U9
Flashcard (26)
Studied by 84 people
17 days ago
5.0
(1)
Preview