AP Human Geography – Ch. 9 – Flashcards
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    agglomeration diseconomies
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the negative economic effects of urbanization and the local concentration of industry.
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    agglomeration effects
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interdependencies associated with various kinds of economic linkages, including the cost advantages that accrue to individual firms because of their location among functionally related activities.
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    ancillary industries
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industries that manufacture parts and components to be used by larger industries.
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    autarky
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an economic policy or situation in which a nation is independent of international trade and not reliant upon imported goods.
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    backward linkages
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develop as new firms arrive to provide the growing industry with components, supplies, specialized services, or facilities.
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    backwash effects
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the negative impacts on a region of the economic growth of some other region.
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    carrying capacity
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the maximum number of users that can be sustained, over the long term, by a given set of natural resources
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    conglomerate corporations
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companies that have diversified into various economic activities, usually through process of merges and acquisitions
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    creative destruction
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the withdrawal of investments from activities that yield low rates of profit in order to reinvest in new activities.
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    cumulative causation
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a spiral buildup of advantages that occurs in specific geographic settings
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    deindustralization
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a relative incline in industrial employment in core regions.
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    dependency
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high level of reliance by a country on foreign enterprises, investments, or technology
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    ecological footprint
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measure of the human pressures on the natural enviroment from the consumption of renewable resources
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    elasticity of demand
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degree to which levels of demand for a product or service change in response to changes in price
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    export-processing zones
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small areas within which especially favorable investments and trading conditions are created by governments in order...
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    external economies
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cost savings that result from circumstances beyond a firm's own organization and methods of production
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    flexible production systems
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ability of manufacturers to shift quickly and efficiently from one level of output to another
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    fordism
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principles of mass production based on assembly-line techniques. scientific management, mass consumption...
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    foreign direct investment
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total overseas business investments made by private companies.
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    forward linkages
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develop as new firms arrive to take the finished products of the growing industry and use them in their own processing, assembly...
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    geographical path dependence
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historical relationship between the present activities associated with a place and the past experiences of that place.
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    GDP
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estimate of the total value of all materials, foodstuffs, goods and services produced by a country in a particular year.
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    GNI
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similar to GDP, but also includes the value of income from aboard
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    growth pole
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economic activities that are deliberately organized around one or more high-growth industries
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    import substitution
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process by which domestic producers provide goods or services that formely were bought from foreign producers
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    initial advantage
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critical importance of an early start in economic development; special case of external economies
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    international division of labor
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specialization, by countries in particular products of effort.
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    just-in-time production
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manufacturing process in which daily or hourly delivery schedules of materials allow ...
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    localization economies
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cost savings that accrue to particular industries as a result of clustering together at a specific location.
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    neo-fordism
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economic principles in which the logic of mass production coupled with mass consumption is modified by the addition...
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    neoliberal policies
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economic policies that are predicated on a minimalist role for the state, assuming the desireability of free markets as the ideal condition...
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    newly industrilazing countries
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countries formely peripheral within the world system that have acquired a significant...
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    primary activities
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economic activities that have to do directly with natural resources of any kind.
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    producer services
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services that enhance the productivity or efficiency of other firms' activities or that enable them to maintain specialized roles.
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    PPP
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measures how much of a common "market basket" of goods and services each currency can purchase locally, including goods and services that are not traded internationally
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    quaternary activities
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economic activities that deal with the handling and processing of knowledge and information
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    secondary activities
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economics activities that process, transformations, fabricate, or assemble the raw material derived from primary activities or that reassemble, refinish, or package manufactured goods.
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    spread effects
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positive inpacts on a region of the economic growth of some other region.
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    strategic alliances
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commercial agreements between transnational corporations, usually involving shared technologies, marketing network...
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    sustainable development
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vision of development that seeks a balance among economic growth, enviromental impacts, and social equity.
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    terms of trade
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ratio of prices at which exports and imports are exchanged
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    tertiary activities
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economic activities involving the sale and exchange of goods and services
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    trading blocs
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groups of countries with formalized systems of trading agreements
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    transnational corporations
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companies with investments and activities that span international boundaries...
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    vertical desintegration
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evolution from large, functionally intergrated firms within a given industry toward networks of specialized firms, subcontractors, and suppliers
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    autarkies
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paises semiperiferales que no contribuyen generalmente a la economia mundial
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    deficit
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cuando tienes mas gastos que ingresos
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    surplus
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mas ingresos que gastos
