Flashcards in Final Deck (39):
dominated the world production of steel in the 19th century
One of the worlds largest coal reserves
Involve transporting materials to and from a factory
an industry where the inputs weigh more than the final products
bulk reducing industry
Where is the optimal plant location if the cost of transporting raw materials is greater than the cost of transporting the product to customers?
as close as possible to the inputs
Where is the optimal plant location if the cost of transporting raw materials is less than the cost of transporting the product to customers
as close as possible to the customer
something that gains volume or weight during production
bulk gaining industry
What are the two principal inputs of steel?
iron ore and coal
The increasing importance of proximity to markets in the steel industry is demonstrated by the recent growth of
What is the main input to minimill production?
Why did the steel industry shift toward minimills?
cheaper to build and can be located near the market because their main input is widely available
What country leads in world steel production currently?
Why did china's steel production increase?
increased demand by growing industries in china that use a lot of steel (i.e. car production)
When and where did the industrial revolution start?
Europe (mostly UK) during the late 18th century
Where was steel production concentrated first in the US?
Pittsburgh but there are no steel mills there now
Where did US steel production shift after Pittsburgh and why?
Lake Erie region because of iron ore discovery in the Mesabi
Where did US steel production shift after the lake erie region and why?
Chicago/South end of Lake Michigan to be closer to Mesabi bc of increased need for iron ore.
Where did US steel production shift after the Mesabi range and why?
Mostly East and West coasts because iron ore was imported from other countries and scrap iron/steel was widely available in metro areas
What did US steel production look like around the late 1900s?
Most mills closed; remaining near Lake Michigan and east coast
How are vehicles manufactured?
assemble vehicles at final assembly plants using parts from independent companies
What percent of the value of the the vehicle do carmakers' assembly plants account for?
Why do independent companies supply the other 70% of the car's value?
North american carmakers:
GM and Ford
Volkswagen, Fiat, Renault (controls Nissan), and Peugeot
East Asia based carmakers:
Toyota, Honda, Suzuki, Hyundai (south korea)
What are the 3 types of service?
consumer, business, public
Who proposed the central place theory?
Who further developed that theory in the US?
What is the goal of the central place theory?
to identify the most profitable location
The area surrounding a service from which customers are attracted?
market area or hinterland
What 2 pieces of info are needed to determine the extent of a market area?
range and threshold
the maximum distance people are willing to travel to use a service
the minimum number of people needed to support a service
first city to have over 1 million
first city to have over 5 million
first city to have over 10 million
first city to have over 20 million
the best known and most visually distinctive area of most cities aka downtown
Central Business District (CBD)