Unit 7 AP human geo

What does Weber’s Least Cost Theory explain?

It explains the optimal location of an industry based on minimizing costs associated with transportation, labor, and capital.

What is a Break-of-Bulk Point?

A location where goods are transferred from one mode of transportation to another, affecting transportation costs.

What is Agglomeration?

The clustering of businesses in the same industry in a specific area to benefit from shared resources and services.

What are Economic Sectors?

Categories of economic activities that include Primary, Secondary, Tertiary, Quaternary, and Quinary sectors.

What are Free Trade Agreements?

Treaties between two or more countries to reduce trade barriers and increase trade of goods and services.

What is the difference between Bulk-Gaining and Bulk-Reducing industries?

Bulk-Gaining industries have final products that weigh more than the raw materials, while Bulk-Reducing industries see a reduction in weight from raw materials to finished products.

What is Industrial Location Theory?

A set of theories explaining the location of industries based on factors like costs, market access, and resource availability.

What does Wallerstein’s World System Theory divide the world into?

It divides the world into core, semi-periphery, and periphery countries based on their economic power and resources.

What are Rostow’s Stages of Economic Development?

A model that outlines the stages of economic growth from traditional society to high mass consumption.

What does the Rust Belt to Sun Belt Movement refer to?

The shift of factories and industries from older industrial regions (Rust Belt) in the Northeast to newer industrial areas (Sun Belt) in the South and Southwest.

What is Outsourcing?

The practice of relocating business processes to external providers, often overseas, to reduce costs.

What is Comparative Advantage?

The ability of a country or company to produce goods at a lower opportunity cost than others.

What are Maquiladoras?

Manufacturing plants in Mexico near the U.S. border that import materials and components to assemble and export finished goods.

What are Site Factors?

Characteristics of a specific location that can impact industrial location choices, such as land costs, labor availability, and infrastructure.

What are Situation Factors?

External factors that affect the location of an industry, including access to markets, suppliers, and transportation systems.

What is Renewable Energy?

Energy collected from renewable resources which are naturally replenished, such as solar, wind, and hydroelectric power.

What is Non-renewable Energy?

Energy derived from finite resources that cannot be renewed, such as fossil fuels.