human geo vocab unit 7

Sustainable development goals

Using natural resources at a rate that dorsn’t deplete them

Outsourcing

Goods that came from out of the country

Industrial revolution

A period of rapid industrial increase starting in Europe during the early 18th century.

Post fordism

World economic system characterized by a more flexible se of production practices in which goods aren’t mass produced

Primary (economic unit)

Sector of the economy making direct use of natural resources

Tertiary(economic unit)

Provides services, call centers

Industrializing

The process of transforming the economy of a nation or region from a focus on agriculture to manufacturing

Semi-periphery

The industrializing countries

Agglomeration

Businesses or economies that group together

Quinary

Highest level of decision making in a society or economy, upper offices

Ecotourism

The practice and business of recreational travel based on concern for the environment

Backwash effect

The negative impacts on a region of the economic growth of some other region

GDP

Gross domestic product divided by the number of people in the population

Bulk gaining

Products that weigh more after assembly

Complementarity

The degree to which one place can supply something that another place demands

Gender inequality index

A measure of the extent of each country’s gender inequality

Vertical integration

When one company controls all aspects of its production process

Dependency theory

Theory that the world economy benefits rich societies and harms other countries by making them depend on the core countries

Economy of scale

The reduction in the per unit cost of production as the volume of production increases

Fordism

Use of labor specialization and a moving assembly line production to create a large number of standardized goods at decreased prices for consumers

Cottage industry

Production of goods in a home or small workshop, typically by hand or low technology

Technopole

A center of high tech manufacturing and information based quaternary industry.

Just in time delivery

Companies that keep just what they need for short-term production and new parts are shipped quickly as they are needed

Ancillary activities

Economic activities that surround and support large scale industries

Break of bulk product

Location where the transfer of goods from one mode of transportation to another takes place

Footloose firm

An easy to move business