Geog-216

Front 1

What is INTERNATIONALIZATION?

Back 1

The EXTENT to which different national eco INTERACT with one another

Front 2

What is GLOBALIZATION?

Back 2

1) Set processes through which ECO ACTIVITIES are increasingly INTERCONNECTED

2) Emergence of new set of actors on global stage

3) Changes that facilitate GLOBAL INTEGRATION

Front 3

What is HYPERGLOBALIZATION?

Back 3

Belief that New world eco order: BORDERLESS ECO

NOT GOOD

Front 4

What is the SKEPTICS?

Back 4

Eco globalization= overblown myth on mislabeling of internationalization

--> world was more integrated before

Front 5

What is TRANSFORMALIST?

Back 5

Globalization= On going and transformative

Front 6

What are the QUARTERNARY activities?

Back 6

Handling and processing of KNOWLEDGE & info
(teaching, data processing)

Front 7

When was the peak of America's Manufacturing belt?

Back 7

1950 --> FORDISM

Front 8

What does NY specialize in?

Back 8

Apparel ind
Processed foods
Book publishing

Front 9

What does NJ specialize in?

Back 9

PHARMACEUTICALS

Front 10

What does Pittsburg specialize in?

Back 10

STEEL

Front 11

What do the great lakes specialize in?

Back 11

DETROIT= Motor city
CHICAGO= Meat packing / trains

Front 12

What does CDA specialize in?

Back 12

Mtl= Aerospace, alluminum, textile, pharmaceuticals

Southern ONT= Cars, steel, chemicals

Front 13

San Francisco bay specializes in?

Back 13

SILICON VALLEY= Largest manu area for semi conductors & micro chips

Front 14

Seattle- Tacoma specializes in?

Back 14

Aircrafts & computers

Front 15

What are the 4 key industrial districts of Japan?

Back 15

1) KANTO PLAIN (Tokyo-Yokohama-Kawasaki) = #1 ind district

2) KANSAI District (Kobe-Kyoto-Osaka)

3) KITAKYUSHU district (conurbation of Kyushu islands)

4) TOYAMA district

Front 16

What are the major industrial districts of China?

Back 16

1) Northeast district= Largest ind district

2) Chang district: 2nd largest

3) Guangdong District

Front 17

What are the 4 main patterns of production?

Back 17

1) FROMAL SECTOR
2) INFORMAL SECTOR
3)DUALISM
4) PUBLIC GOODS

Front 18

What is the FORMAL SECTOR?

Back 18

Recognized by state
Subject to LAW, REGULATION, TAXATION

Front 19

What is the INFORMAL SECTOR?

Back 19

By pass state
small or family operation
"working under the table"

Front 20

What is DUALISM?

Back 20

Pattern of production that exists when extremes wealth & poverty live side by side in an eco

Front 21

What are PUBLIC GOODS?

Back 21

Pattern of production where Goods and services are provided communally (national defense)

Front 22

What are the Factors of production?

Back 22

LAND
LABOUR
FINANCIAL CAPITAL

Front 23

What are the different forms of Financial Capital?

Back 23

1) Physical capital:
-PRIVATE: (infrastrustures, equipment, buildings)
-PUBLIC: facilities for health, education, transport
2) Government policies: Interest rates, money supplies, social investment

Front 24

What are the different ways to measure wealth?

Back 24

- GDP
- PPP (purchasing power parity)

Front 25

HDI?

Back 25

Measures country's human dev
-Longevity, knowledge, standard of living

Front 26

GDP-HDI = ?

Back 26

GDP/cap
If positive= free services are offered

Front 27

What is the TIME SPACE COMPRESSION?

Back 27

Processes that revolutionize the qualities of space and time such that the ways in which we represent the world are ALTERED

=1 of the factors that encompasses globalization

Front 28

CDA in pre 19th C:

Back 28

CDA was part of the periphery= X staples to European core countries

Front 29

CDA in Mid 19th C:

Back 29

CDA X more to US that is beginning to industrialize

Front 30

When was the CDA/US auto pact?

Back 30

-1965
-Elimination of trade tariffs on cars and auto parts

Front 31

1988 was important bc?

Back 31

CDA US Fair trade agreement

Front 32

1994 was important bc?

Back 32

NAFTA
US+ CDA+ MEXICO

Front 33

What is the opportunity cost?

Back 33

EXCHANGE RATE

Front 34

Construction of CANAL of SUEZ?

Back 34

1869

Front 35

1st OPIUM WAR was?

Back 35

1840-42 between China and BEIC

Front 36

When was the MERCANTALIST PERIOD?

Back 36

16th- 19th Century

Front 37

What were the major trading systems during the mercantalist period?

Back 37

ATLANTIC TRADING SYSTEM (Cross Over system of trade)

EURASIAN trading system

Front 38

What is the population LAG effect?

Back 38

Continued growth AFTER achievement of replacement level of fertility is reached

Front 39

For what reasons was there a RECESSION in late 1800s?

Back 39

- Britain battles with rivals in World Eco

-DDE increase in industrialized countries: cheaper raw materials, new opportunities for investment capital, protected lines of commerce

Front 40

What characterized the period between 1850-1920?

Back 40

NEW ERA OF EMPIRE BUILDING:

ACCELERATED COLONIALISM in Asia, Pacific and Africa

Front 41

What happened between 1720- 1780?

Back 41

INTERNATIONAL TRADE x2

Front 42

What are the POSITIVE effects of Globalization?

Back 42

-Increase in Trade, Innovation, Volatility

-Increased INTRA-FIRM trade

-Job opportunities

Front 43

What are the NEGATIVE impacts of Globalization?

Back 43

- LOSS of Domestic control over Nation's own economy

-Job losses

Front 44

What are the tasks of economic society?

Back 44

1) Organize to produce enough goods and services to assure SURVIVAL

2) Arrange distribution of production so more production can take place

3) Answer fundamental questions: What,how, where, to whom and by whom

Front 45

When and where did the Industrial Revolution start?

Back 45

BRITAIN

LATE 18C

Front 46

What is the CROSS OVER SYSTEM of TRADE?

Back 46

System of MULTILATERAL trade established in the late 19C

Europe& N.A bought raw materials from less dev countries