human geo Flashcards
(44 cards)
What part of the shoe is found in texas and venezuela?
Leather
What part of the shoe is from Saudi Arabia?
Foam padding
What part of the shoe is from Taiwan?
Synthetic rubber
What is the definition of consumption?
the using up of goods and services. This term is also used to describe the purchase and use of goods and services by consumers.
What is the definition of developed countries?
a wealthy country with an advanced economy. Developed countries have many industries and provide a comfortable way of life for most of their people.
What is the definition of developing countries?
a poorer country with a less advanced economy. In general, developing countries are trying to increase their industries and improve life for their people.
What is the Gross Domestic Product(GDP)?
the total value of goods and services produced in a country in a year
What is the definition of per capita?
or for each person. A per capita figure is calculated by dividing the total amount of something by the number of people in a place.
What is IT?
the use of technology to move, record, and process information. IT includes computers, communication satellites, cell phones, and the Internet.
What is outsourcing?
to hire someone outside a company to do work that was once done inside the company. Information technology has made it possible to outsource jobs to businesses in other countries.
What is a comparative advantage?
the ability of one country to produce a good or provide a service at a lower cost or more effectively than another country
What is a time zone?
an area that uses the same clock time. Earth is divided into 24 standard time zones. Clocks in each zone are set to the same hour and minute.
What are some reasons that India has a comparative advantage?
Low wages, huge workforce, speak english
Smart people leaving is….
Brain Drain
Why do so many people want to work in the IT industry?
Good pay and work environment
Why is english spoken is India so commonly?
It was a british colony
What is the definition of economic interdependence?
a condition in which countries have strong economic ties and depend on each other for resources, technology, trade, and investment
What is the definition of free trade?
the flow of goods and services across national borders, with little or no government control
What is the definition of globalization?
the development of a global, or worldwide, society in which people, money, information, and goods flow fairly freely across national borders
What is the definition of a multinational corporation?
a large company that has operations in more than one country
Why did sneaker companies move their productions offshore to Asian countries?
Low cost labor, complicated styles, high cost of production
What are advantages of using freight containers?
Easy to stack, transported directly from ship to cars, hold a large amount of product
Where are most of your shoes and clothes made?
Asia
Who do companies use to advertise their business?
Athletes and Celebrities
