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Agglomeration
The clustering of businesses or industries in a particular area to benefit from shared services, labor, or infrastructure.
Break-of-bulk point
A location where goods are transferred from one mode of transportation to another, such as ports or rail terminals.
Brownfields
Abandoned or underused industrial and commercial sites that may have environmental contamination.
Colonialism
The policy of acquiring and maintaining colonies, often for economic exploitation and cultural or political dominance.
Commodity Theory
The idea that goods become more valuable when they are perceived as scarce or exclusive.
Comparative advantage
The ability of a country, region, or business to produce goods or services at a lower opportunity cost than competitors.
Complementary advantage
When two regions satisfy each other's needs through trade, benefiting both economies.
Core countries
Wealthy, industrialized nations that dominate global trade, finance, and technology (e.g., U.S., Germany, Japan).
Debt crisis
A situation where a country cannot repay its external debt, leading to economic instability and reliance on international financial institutions.
Dependency theory
A model suggesting that global economic disparities are maintained by the dependence of less developed countries on wealthier nations.
Economies of scale
Cost advantages gained as production increases, lowering per-unit costs.
Ecotourism
Environmentally responsible tourism that aims to conserve natural areas and benefit local communities
EU (European Union)
a political and economic union of European countries promoting trade, economic stability, and regional integration
Export-processing zones
Areas in developing countries where governments offer incentives for foreign companies to set up manufacturing and export-oriented businesses.
Fertility rates
The average number of children a woman is expected to have in her lifetime.
Footloose
Industries that can locate anywhere due to minimal location constraints, such as software development or financial services.
Fordism
A system of mass production pioneered by Henry Ford, characterized by assembly lines and standardized products.
Formal economy
The regulated sector of the economy that includes taxed and legally recognized businesses.
Fossil fuels
Nonrenewable energy sources such as coal, oil, and natural gas, formed from ancient organic matter.
Free trade agreements
Agreements between countries that reduce or eliminate tariffs and trade barriers to encourage economic exchange.
Gender empowerment
The process of increasing women's participation and decision-making in economic, political, and social life
Gender Inequality Index (GII)
A measure of gender disparities in health, education, and labor force participation.
Gross Domestic Product (GDP)
The total value of goods and services produced within a country in a given year.
Gross National Income (GNI)
The total domestic and foreign output claimed by residents of a country, including net income from abroad
Gross National Product (GNP)
The total economic output of a country, including goods and services produced by its citizens domestically and abroad
Growth poles
Economic development centers that stimulate growth in surrounding areas.
High technology industries
Sectors focused on cutting-edge innovation, such as information technology, biotechnology, and aerospace.
Human Development Index (HDI)
A measure of human progress based on life expectancy, education, and per capita income.
Imperialism
The practice of extending a nation's influence over others through diplomacy, military force, or economic dominance.
Income distribution
The way national income is divided among different social groups and individuals.
Industrialization
The process of transitioning from an agricultural-based economy to one dominated by manufacturing and industry.
Infant mortality rates
The number of deaths of infants under one year old per 1,000 live births in a given year.
Informal economy
The unregulated sector of the economy, including street vendors and unregistered businesses.
International division of labor
The specialization of different countries in various economic activities based on comparative advantage.
International Monetary Fund (IMF)
A global organization providing financial assistance and policy advice to countries facing economic crises.
Just-in-time delivery
A production strategy where materials are received only as needed, reducing inventory costs.
Labor-market participation
The percentage of the working-age population engaged in the labor force.
Least cost theory (Alfred Weber)
A theory that explains industrial location based on minimizing costs related to transportation, labor, and agglomeration.
Literacy rates
The percentage of a population that can read and write at a functional level.
Manufacturing
The large-scale production of goods using labor, machines, and raw materials.
Maquiladores
Factories in Mexico, typically near the U.S. border, that assemble imported materials for export.
Markets
Places where buyers and sellers interact to exchange goods and services.
Mercosur
A South American trade bloc promoting economic integration among member countries.
Microloans
Small-scale financial loans given to entrepreneurs, typically in developing countries, to promote business growth.
Multiplier effects
Economic growth that results from an initial investment, stimulating additional economic activity.
Neoliberal policies
Market-oriented policies that emphasize free trade, privatization, and deregulation.
OPEC
Organization of Petroleum Exporting Countries, a group that coordinates oil production and prices.
Offshoring
The relocation of business operations to another country for lower costs.
Outsourcing
Contracting work to external companies, often in lower-cost regions.
Periphery countries
Less developed nations with lower economic activity and weaker infrastructure.
Post-Fordist methods of production
Flexible, specialized production strategies that replace mass production techniques.
Primary sector
The part of the economy that extracts natural resources, such as farming, fishing, and mining.
Public transportation projects
Infrastructure developments aimed at improving urban mobility and reducing traffic congestion.
Quaternary sector
The knowledge-based sector, including IT, research, and finance.
Quinary sector
The highest-level economic activities, such as government leadership and corporate decision-making.
Renewable energy
Energy sources that can be replenished, such as solar, wind, and hydroelectric power.
Reproductive health
Health services related to pregnancy, childbirth, and contraception.
Rostow’s Stages of Economic Growth
A five-stage model describing how economies progress from traditional to high-mass consumption.
Rust Belt
A U.S. region characterized by industrial decline and economic downturn.
Secondary sector
The part of the economy involved in manufacturing and construction.
Semi-periphery countries
Nations between core and periphery, with mixed levels of development.
Service sector
The tertiary sector focused on providing services rather than goods.
Small-scale finance
Financial services for small businesses and entrepreneurs.
Special economic zones
Areas where business and trade laws differ from the rest of the country to attract investment.
Tariffs
Tertiary sector
The part of the economy focused on services like retail, healthcare, and education.
UN’s Sustainable Development Goals
A set of global objectives aimed at reducing poverty and promoting sustainability.
World Trade Organization (WTO)
A global organization that regulates international trade
Affordability
the ability of individuals or families to afford housing, goods, and servieces in an urban area, often influenced by income levels and cost of living
African City Model
a model of urban structure that exxplains the spatial layout of cities in Africa, typically featuring a colonial CBD, a traditional CBD, and a market zone, with sectors of ethnic neighborhoods and informal settlements
Air Quality
the degree to which to which the air in a particular area is clean or polluted, often measured by levels of pollutants such as carbon monoxide, sulfur dioxide, and particulate matter
Bid-Rent Theory
a theory that explained how land value and rent change as one moves away form the Central Business District (CBD), with land prices decreasing with distance
Big Box Rental
large retail stores or warehouses, such as Walmart or Home Depot, that dominate suburban landscapes and commercial real estate
Blockbusting
a practice in which real estate agents stir up racial fears to encourage white property owners to sell their homes quickly, often leading to segregation and urban decline
Boomburbs
rapidly growing suburban cities that maintain suburban characteristics but have populations comparable to large urban cities
Borchert’s Model
a model of urban evolution in the US based on transportation advancements, identifying five epochs: Sail-Wagon, Iron house, Steel Rail, Auto-Air-Amenity, and High-Tech
Brownfields
abandoned or underused industrial and commercial sites that may be contaminated by hazardous waste or pollution
Burgess Concentric Zone Model
a model that describes urban land use as a series of concentric rings surrounding the CBD, with different socioeconomic zones radiatng outwards
Central Business District
the core commercial and business center for a city, characterized by high land values, skyscrapers, and dense development
Christaller’s Central Place Theory
a theory that explains the distribution of services and settlements in hierachical pattern based on market areas
City government
the administrative organization responsible for governing a city, managing public services, and enforcing laws
City infrastructure
the foundational systems of a city, including transportation, utilities, sewage, water supply, and communication networks
City-States
independent, sovereign cities that function as states, historically seen in ancient Greece (e.g., Athens, Sparta)
Climate change
long-term shifts in temperature, precipitation, and weather patterns, often attributed to human activities like fossil fuel consumption.
County government
a level of local government responsible for governing a county, overseeing infastructure, public, services, and law enforcement
De facto segregation
segregation that occurs without explicit legal enforcement, often due to historical, social and economic factors
Decentralization
the redistribution of population, industry, and government from central urban areas to suburban and rural locations
Deurbanization
the decline of urban populations as people move to rural or suburban areas, often due to economic changes or lifestyle preferences
Disamenity zones
areas within a city with limited access to services, often characterized by poverty, crime, and substandard housing
Ecological footprint
a measure of the environmental impact of human activities, representing the amount of natural resources consumed
Ecumene
the inhabited or permanently settled portions of the Earth's surface where people have established communities
Edge cities
urban areas located on the outskirts of large cities, characterized by concentrations of office space, retail and entertainment
Eminent Domain
the power of the government to take private property for public use, often with compensation
Energy Use
the consumption of energy resources, including fossil fuels and renewable resources, in urban development and daily life
Exurbs
areas beyond the suburbs that are semi-rural but still connected to the urban economy and commute networks
Farmland protection policies
regulations designed to prevent urban sprawl from encroaching on agricultural land
Favelas
informal settlements or slums, particularly in Brazil, characterized by poor housing conditions and lack of basic services
Food Deserts
urban or rural areas with limited access to affordable, nutritious food, often due to a lack of grocery stores
Functional Fragmentation of Govt
the division of governmental responsibilities among various local, regional, and national agencies
Galactic City Model
a model that describes modern cities as decentralized with multiple centers of economic activity, often influenced by automobile dependency