Unit 7 FACTS, NOTES, AND INFO Flashcards

Understand Unit 7 (19 cards)

1
Q

What is the:

Industrial Revolution?

(A series of improvements in … technology that transformed the process of … …s)

A

A series of improvements in industrial technology that transformed the process of manufacturing goods

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is one of the most important inventions during the industrial revolution?

A

The steam engine (invented in 1769), which allowed Great Britain (The UK now) to become the world’s first industrial power

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Industries affected -

(By the steam engine)

A

Iron - The first industry to benefit from the steam engine
Coal - Became the main source of energy for stuff like Iron
Railrods - Using the engine brought a lot of workers for factories
Machines - Invented to help with cotton for textiles
Chemicals - Came to dye the textiles

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

In what late century did industry diffuse to many developing countries?

A. The late 19th century
B. The late 18th century
C. The late 15th century
D. The late 20th century
E. The late 16th century

A

D. The late 20th century!

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Why were early industries near water?

A

Because water was used for machines often back then

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Different Sectors -

A

Primary Sector - Extracts/Harvests. Fishing and Agricultural jobs

Secondary Sector - Produces/Manufactures.

Consturction and engineering jobs

Teritiary Sector - Sells goods. Restaurant and retail jobs

Quaternary - Smart peple. Governement and IT jobs

Quinary Sector - Gold collar, top people. Health care and science jobs

(The Tertiary Sector is sometimes known as the Service Industry)

(The Quinary sector is similar to the Tertiary but involves the highly paid and influential people)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What 3 factors is the Human Development Index (HDI) based on?

A

Health, Wealth, and Knowledge

Health has to do with fertility and life
Wealth has to do with money
Knowlegde has to do with literacy

(Life expectancy, Standard of living, and Knowledge)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

The smaller a country’s Gender Inequality Index (GII)…

A

The more gender equality there is!

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Only (%) of (?) 15+ are in paid employment

A. 50% ; women
B. 75% ; women
C. 90% ; men
D. 30% ; men
E. 30% ; both genders

A

A. 50% ; women

Only 50% of women 15+ are in paid employment

Globally

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What is the Core-Periphery Theory?

A

A theory that majority of wealth is enjoyed by core countries (Europe, The US, Canada, Austrailia, New Zealand, Japan, and South Korea sometimes) because people have access to the good stuff.

The Periphery (any country that wasn’t mentioned above) has very bad conditions and sometimes access to nothing

There is also another section called the Semi-Periphery, which is in between the Core and Periphery

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Advantage?

A

Complementary Advantage - We both have what we want/need

Comparative Advantage - We specialize at what we’re good at

*Both of these establish the basis for trade!

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What have new liberal policies created?

A

Organizations like the EU

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What’s an example of Comparative Advantage?

A

Oil. Oil rich countries provide a cheap source of raw material

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Why can Outsourcing cause a loss of jobs in MDCs?

A

Because the jobs are given to people in LDCs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What is:

Outsourcing?

(Moving jobs in …g, production, and …e outside an area or … in which a … is located)

A

Moving jobs in manufacturing, production, and service outside an area or country in which a company is located

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Different zones??

A

FTZs (Free Trade Zones) - Focus on facilitating international trade

EPZs (Export Processing Zones) - Operate differently than from the rest of the country

SEZs (Special Economic Zones) - An EPZ in China

(An example of an EPZ is a Maquiladora, which is a country that allows factories to be tax free)

17
Q

Which countries have more extreme social classes?

A

Developing countries (LDCs)

18
Q

An industry near raw materials is…

A

Bulk-Reducing

(Losing weight)

(Its bc transporting unecessary “weight” is unecessary)

19
Q

An industry near the market is…