Industrialization, Economy, and Transformations

These flashcards cover key concepts related to industrialization, the economy, and geometric transformations as discussed in the lecture notes.

The shift from handmade goods to machine production and factories is known as __.

Industrial Revolution

The growth of industries and manufacturing in a region or country is referred to as __.

Industrialization

An __ is an economic activity that uses machines to make goods.

Industry

Goods made in homes before factories existed are known as __.

Cottage industries

A __ industry is one where products gain weight during manufacturing.

Bulk-Gaining Industry

A __ industry is characterized by products that weigh less after processing.

Bulk-Reducing Industry

An industry that is not tied to transportation costs is called a __ industry.

Footloose industry

When firms group together to share services and labor, this is known as __.

Agglomeration

The point at which goods switch transportation modes is called the __ point.

Break-of-bulk point

The __ theory states that industries choose locations that reduce costs of labor and transport.

Least-cost theory

As production increases, the cost per item goes down due to __ of scale.

Economies

Producing things cheaper than others is known as __ advantage.

Comparative

A __ Agreement is when countries agree to reduce trade barriers.

Free Trade

An __ Processing Zone attracts factories with business incentives.

Export

The __ Trade Organization deals with global trade rules.

World

measures total economic output/income.

GDP/GNI

The __ measures income, health, and education.

Human Development Index (HDI)

The __ shows gender gaps in a country.

Gender Inequality Index (GII)

The __ theory argues that poorer countries remain poor due to the influence of richer countries.

Dependency

is tourism that helps protect the environment.

Ecotourism

The decline of manufacturing jobs alongside a rise in service jobs is termed __.

Deindustrialization