Human Geo 18 vocab part 2

Industrial Revolution

The radical change in manufacturing methods that began in Great Britain in the mid-18^th century and was marked by the shift from small-scale, hand-crafted, muscle-powered production to power-driven mass production

Industrialization

The process in which the interaction of social and economic factors causes the development of industries on a wide scale

Least-cost theory

Industrial location theory proposed by Alfred Weber suggestion that businesses locate their facilities in a particular place because that location minimizes the costs of production.

Postindustrial economy

An economic pattern marked by predominant tertiary sector employment-with a good share of quaternary and quinary jobs.

Primary sector

Economic sector associated with removing or harvesting products from the earth; includes agriculture, fishing, forestry, mining or quarrying, and extracting liquids or gas.

Quaternary sector

Economic sector that is a subset of tertiary sector activities that requires workers to process and handle information and environmental technology.

Quinary sector

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

Raw materials

Any metals, wood or other plant products, animal products, or other substances that are used to make intermediate or finished goods.

Secondary sector

Economic sector associated with the production of goods from raw materials; includes manufacturing, processing, and construction.

Tertiary sector

Economic sector that includes a host of activities that involve the transport, storage, marketing, and selling of goods and services; also called the service sector.