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183 Terms

1

Agglomeration

Grouping of many firms from the same industry in a single area for collective use of infrastructure and labor resources.

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2

Ancillary Activities/Multiplier Effect

Economic activities supporting large-scale industries like shipping and food service.

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3

Backwash Effects

Negative impacts on one region due to economic growth in another region.

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4

Break-Bulk Point

Location where large shipments are divided into smaller containers for local delivery.

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5

Brick-and-Mortar Businesses

Traditional businesses with physical stores for trade.

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6

Bulk-Gaining Industries

Industries where products weigh more after assembly.

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7

Bulk-Reducing Industries

Industries where final products weigh less than raw materials.

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8

Commodity Dependence

Reliance of peripheral economies on raw material exports.

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9

Conglomerate Corporation

Firm comprising smaller firms serving various functions.

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10

Core

Regions with concentrated economic power, wealth, and technology.

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11

Core-Periphery Model

Model defining underdeveloped countries' dependence on a developed core.

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12

Cottage Industry

Industry based in homes rather than factories.

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13

Deglomeration

Dispersal of an industry from an established agglomeration.

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14

Deindustrialization

Loss of industrial activity in a region.

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15

Development

Process of economic growth and resource potential realization.

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16

E-Commerce

Web-based economic activities.

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17

Economic Backwaters

Regions not benefiting from national economic development.

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18

Ecotourism

Sustainable tourism focused on nature or culture.

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19

Export-Processing Zone

Area with favorable conditions to attract export-oriented industries.

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20

Fast World

Regions with high connectivity due to advanced technologies.

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21

Footloose Firms

Firms where transport costs don't determine location.

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22

Fordism

Standardized mass production system attributed to Henry Ford.

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23

Foreign Investments

Overseas investments by private companies.

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24

Gender Equity

Measure of opportunities for women compared to men.

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25

Globalization

Increasing global interconnectedness.

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26

Gross Domestic Product

Total value of goods and services produced within a country.

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27

Gross National Product

Total value of goods and services produced by residents of a country.

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28

Human Development Index

UN measure based on life expectancy, education, and income.

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29

Industrial Revolution

Rapid changes in manufacturing in England in the late 18th century.

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30

Industrialization

Economic evolution from basic goods to mass production.

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31

Industrialized Countries

Countries at the forefront of industrial production.

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32

Least-Cost Theory

Optimal location of manufacturing based on transport and labor costs.

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33

Least-Developed Countries

Countries with low productivity and standards of living.

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34

Manufacturing Region

Region with clustered manufacturing activities.

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35

Maquiladoras

US firms' factories near the US-Mexico border.

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36

Microlending

Provision of small loans to encourage small business development.

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37

Net National Product

Measure of goods produced minus natural resource degradation.

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38

Nonrenewable Resources

Resources like fossil fuels that don't replenish quickly.

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39

Offshore Financial Centers

Areas promoting business transactions.

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40

Outsourcing

Sending industrial processes for external production.

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41

Periphery

Countries with low productivity and standards of living.

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42

Primary Economic Activities

Activities involving natural resources.

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43

Productivity

Measure of goods and services produced in a country.

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44

Purchasing-Power Parity

Monetary measurement considering buying power.

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45

Quaternary Economic Activities

Activities like research and administration.

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46

Quinary Economic Activities

High-level decision-making for large corporations.

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47

Regionalization

Process where regions develop distinct economic activities.

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48

Renewable Resources

Resources replenishing in a short period.

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49

Rostow’s Stages of Development

Model describing a country's economic progression.

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50

Secondary Economic Activities

Activities processing raw materials.

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51

Semiperiphery

Newly industrialized countries with median standards of living.

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52

Service-Based Economies

Economies focusing on services.

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53

Slow World

Developing world with limited high-speed technology benefits.

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54

Spatially Fixed Costs

Input costs in manufacturing that remain constant.

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55

Spatially Variable Costs

Input costs in manufacturing varying by location.

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56

Specialty Goods

Individually assembled or small quantity goods.

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57

Sustainable Development

Meeting current needs without hindering future generations.

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58

Tertiary Economic Activities

Market exchange activities like retail and transportation.

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59

Transnational Corporation

Firm operating in at least two countries.

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60

World Cities

Cities forming a global control system for finance and commerce.

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61

World-Systems Theory

Theory explaining core, periphery, and semiperiphery connections.

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62

Action Space

Geographical area where an individual interacts daily.

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63

Beaux Arts

City planning movement combining classical and industrial forms.

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64

Blockbusting

Encouraging property sales by stoking

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65

Inner-City Decay

Large urban areas losing populations due to industrial changes or migration to suburbs, leading to poverty.

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66

Islamic Cities

Cities in Muslim countries structured around mosques, walls, markets, and dead-end streets.

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67

Latin American Cities

Cities in Latin America shaped by colonialism, industrialization, and rapid population growth.

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68

Medieval Cities

European cities from the Medieval Period with dense development, narrow streets, churches, and defensive walls.

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69

Megacities

Urban areas in the developing world with rapid population growth, chaotic development, pollution, and poverty.

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70

Megalopolis

Large urban complex formed by merging separate metropolitan areas.

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71

Metacities

Urban regions with dense cores, suburbs, and green spaces, including squatter settlements in developing countries.

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72

Metropolitan Area

US urban area with multiple county units acting as an economic whole.

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73

Modern Architecture

View of cities and buildings as efficient structures dominated by concrete and glass.

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74

Multiple-Nuclei Model

Urban form with multiple centers of business and cultural activity.

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75

New Urbanism

Urban planning movement promoting mixed-use development and pedestrian-friendly cities.

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76

Node

Geographical center of activity in cities like Los Angeles.

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77

Postmodern Architecture

Architectural reaction to modernism, using historical styles, lightheartedness, and eclecticism.

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78

Primate City

Leading city in a country with a disproportionately large population.

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79

Rank-Size Rule

Population distribution rule inversely proportional to city rank in a country's hierarchy.

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80

Sector Model

Urban land use model with a central business district and sectors radiating outward.

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81

Segregation

Result of suburbanization isolating individuals in central city pockets due to affluent migration.

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82

Squatter Settlements

Poverty-stricken residential areas outside cities on unowned land.

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83

Suburbs

Homogeneous residential communities outside city centers.

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84

Urban-Growth Boundaries

Geographical limits around cities to control suburban expansion.

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85

Federalism

A system of government where power is distributed among geographical territories instead of a central government.

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86

Frontier

An area where borders are shifting and weak, where different cultures meet and claim land.

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87

Geometric Boundaries

Political boundaries defined by straight lines.

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88

Geopolitics

Study of political relations in a territorial context.

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89

Gerrymandering

Designation of voting districts to favor a political party.

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90

Heartland Theory

Mackinder's hypothesis that power in Eurasia could dominate the world.

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91

Imperialism

Perpetuation of a colonial empire post-political sovereignty.

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92

International Organization

Alliance of countries seeking cooperation without giving up autonomy.

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93

Irredentism

Advocacy for the return of a territory to a former country.

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94

Landlocked State

State surrounded by other states, with limited access to international trade routes.

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95

Crude Death Rate

The number of deaths per year per thousand people.

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96

Demographic Accounting Equation

An equation summarizing population growth or decline considering natural increase and net migration.

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97

Demographic Transition Model

Describes the shift from high to low birth and death rates in a country over time.

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98

Demography

Study of human populations, including their dynamics.

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99

Dependency Ratio

Ratio of dependents to working individuals in a population.

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100

Doubling Time

Time for a population to double with exponential growth.

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