Unit 7 exam ap geo Flashcards
(12 cards)
Least cost theory Alfred Weber
describes optimal location if industry in relation to costs of transport, labor, relative advantages of agglomeration
industry loc. where minimize its costs/ maximize profits.
GDP (gross domestric product)
measurement o/total goods/services produced w/in borders o/country during specific time period (1year)
economic sectors of economy
percent o/economic activities that country relies on
-periphery: larger percentage engaged in primary activities
-semi-periphery: counties transitioning from primary activities t secondary activities
-core-countries tend to have larger percentage engaged in tertiary, quaternary, quinary activities.
GII (gender inequality index)
measurement evaluates women status i/country based on participating i/economic, political, labor-market participation, reproductive health issues, indices empowerment/labor-making participation.
HDI (human index development)
measurement used by UNITED NATIONS to calculate dev. i/terms o/human welfare (using both economic/social indicators)
Wallerstein’s world system theory (core-periphery model)
model describes how economic power is distributed between dominant regions/ less powerful region and proposes that less developed countries defined by dependence on developed core
outsourcing
when company sends goods/services out for external production where labor is cheaper to achieve comparative advantages have led to decline in jobs in core regions/increase i/jobs i/newly industrialized countries EX: assembly of low skill goods in china customer services/product support inn india.
special economic zones
deisgnated area that has economic laws that more freemarket orientated than countrys typical national laws EX: Shenzhen China
agglomeration
cost saving occur when firms located near other to take advantage of shared labor or transporation costs resulting in economies of scale
ecotourism
tourism based in natural environments that are often threatened by looming development and helps to protect environment in questions while also providing jobs for local population
sustainable development goals
universal call to action bu UN to end poverty, protect planet and ensure all people enjoy peace and prosperity, progress in dev. measured through activites such as MICROLOANS and PUBLIC TRANSPORTATION (infastrucutre)
sustainable dev. obstacles
natural recourse depletion, mass consumption, pollution, climate change.