Chapter 11 Flashcards

1
Q

A complex combination of economic,political, and cultural changes that have long been evident but that have accelerated markedly since about 1980s, bringing about a seemingly ever-increasing interconnectedness of people and places.

A

globalization

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2
Q

one of the most important changes that is happening in human geography

A

globalization

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3
Q

considered a guiding principle in human activities;for human geographers, refers to minimizing distances and related movements.

A

principle of least effort

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4
Q

A decrease in the friction of distance between locations as a result of improvements in transportation and communication technologies

A

time-space convergence

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5
Q
  1. which canal reduced the distance between Indian and Atlantic Oceans?
  2. which canal reduced the distance between Pacific and Atlantic Oceans?
A
  1. Suez canal

2. Panama canal

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6
Q
  1. which canal reduced the distance between Indian and Atlantic Oceans?
  2. which canal reduced the distance between Pacific and Atlantic Oceans?
A
  1. Suez canal

2. Panama canal

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7
Q

second-least expensive form of transportation after water?

A

railway

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8
Q

a tax or customs duty imposed on imports from other countries.

A

tariff

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9
Q

like all forms of movement trade is highly vulnerable to the **

A

friction of distance

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10
Q

WTO stands for?

A

world trade organization

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11
Q

5 stages in the process of integration

A
  1. free trade
  2. customs union
    3.common market
  3. economic union
    5.
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12
Q

a large business organization (firm) that operates in two or more countries; examples include Nike,Apple, Toyota, Coca-cola,Samsung; sometimes referred to as a multinational corporation; in many cases the head office is in a more developed country, and its manufacturing/processing facilities are in less developed countries.( they are able to control and command sales on global scale)

A

transportational corporation (TNC)

*the leading transitional corporation is Walmart (US)

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13
Q

direct investment by a government or transitional/multinational corporation in another country, often in the form of a manufacturing or processing point.

A

foreign direct investment ( FDI )

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14
Q

the current tendency of high-wage and high-skill employment opportunities often in the service sector to be located in the more developed world while low-wage and low-skill employment opportunities often in the manufacturing and processing sectors are located in the less developed world.

A

international division of labour

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15
Q

the circumstance in which a person is indifferent to or estranged from nature or the means of production.

A

alienation

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16
Q

the first of three phases of capitalism beginning in the early 18th century; characterized by free market competition and laissez faire economic development.

A

competitive capitalism

17
Q

the second phase of capitalism beginning after world war II ; increased growth of major corporations and increased state involvement in the economy

A

organized capitalism

18
Q

the most recent form of capitalism characterised by disorganization and industrial restructing.

A

disorganized capitalism