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Intensive farming
Aims to produce the maximum amount of food possible from a small area of land
Extensive farming
Uses a large area of land with low inputs of labour, machinery and capital
The green revolution
A period of rapid technological advancement in agriculture starting in the 1960s
The Malthusian theory
Human population will inevitably outpace food production
Boserups theory
Population growth stimulates agricultural innovation and technological advancements rather than being limited by food supply
Market orientation
When an industry locates near consumers
Raw material orientated
When an industry locates near the raw material sources to reduce transport costs
Agglomeration
Lots of businesses locating in the same area so that they can benefit form the same infrastructure and lower costs
Functional linkages
The connections between firms that trade with each other
Industrial inertia
When an industry remains in its original location even though the initial reasons for locating there no longer exist
Deindustrialisation
The long term decline of manufacturing industry in a region or country
Reindustrialisation
The growth of new, often high-tech manufacturing industries in areas that previously suffered from deindustrialisation
Transnational corporations
Large companies that operate in more than one country
Export processing zones
Specific areas within a country where barriers to trade are eliminated and taxes are lowered
Industrial policy
Government actions designed to influence the structure and performance of the industrial sector
Sustainable agriculture
Farming methods that meet current food needs without compromising the ability of future generations to meet theirs
Land reform
The redistribution of agriculture land to give ownership or rights to those who work it
Butler model
The stages of a tourist destination goes through
Leakage
The process where capital or products from an industry leave the local economy and return to the HIC where the company is headquartered.