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22 Cards in this Set
- Front
- Back
Industrial Revolution
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the term applied to the social and economic changes in agriculture,
commerce, and manufacturing that resulted from technological innovations and specialization in late-eighteenth-century Europe |
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location theory
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a logical attempt to explain the locational pattern of an economic activity
and the manner in which its producing areas are interrelated. The agricultural location theory contained in the von Thünen model is a leading example |
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variable costs
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costs that change directly with the amount of production (e.g. energy
supply and labor costs |
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friction of distance
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the increase in time and cost that usually comes with increasing
distance |
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distance decay
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the effects of distance on interaction; generally, the greater the distance,
the less interaction |
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least cost theory
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model developed by Alfred Weber according to which the location of
manufacturing establishments is determined by the minimization of three critical expenses: labor, transportation, and agglomeration |
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agglomeration
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a process involving the clustering or concentration of people or activities.
The term often refers to manufacturing plants and businesses that benefit from close proximity because they share skilled-labor pools and technological and financial amenities |
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deglomeration
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the process of industrial deconcentration in response to technological
advances and/or increasing costs due to congestion and competition |
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locational interdependence
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theory developed by economist Harold Hotelling that
suggests competitors, in trying to maximize sales, will seek to constrain each other’s territory as much as possible which will therefore lead them to locate adjacent to one another in the middle of their collective consumer base |
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primary industrial regions
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Western and Central Europe; Eastern North America; Russia
and Ukraine; and Eastern Europe, each of which consists of one or more core areas of industrial development with subsidiary centers |
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break-of-bulk point
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a location along a transport route where goods must be transferred
from one carrier to another. In a port, the cargos of oceangoing ships are unloaded and put on trains, trucks, or perhaps smaller riverboats for inland distribution |
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Fordist
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a highly organized and specialized system for organizing industrial production and
labor. Named after automobile producer Henry Ford, Fordist production features assembly-line production of standardized components for mass consumption |
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post-Fordist
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world economic system characterized by a more flexible set of production
practices in which goods are not mass-produced; instead, production has been accelerated and dispersed around the globe by multinat ional companies that shift production, outsourcing it around the world and bringing places closer together in time and space than would have been imaginable at the beginning of the twentieth century |
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just-in-time delivery
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method of inventory management made possible by efficient
transportation and communication systems, whereby companies keep on hand just what they need for near-term production, planning that what they need for longer-term production will arrive when needed |
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global division of labor
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phenomenon whereby corporations and others can draw from
labor markets around the world, made possible by the compression of time and space through innovation in communication and transportation systems |
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intermodal (connections)
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places where two or more modes of transportation meet
(including air, road, rail, barge, and ship) |
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Deindustrialization
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process by which companies move industrial jobs to other regions
with cheaper labor, leaving the newly deindustrialized region to switch to a service |
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outsource
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with reference to production, to turn over in part or in total to a third party
|
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offshore
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with reference to production, to outsource to a third party located outside of the
country |
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Sunbelt
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the South and Southwest regions of the United States
|
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technopole
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centers or nodes of high-technology research and activity around which a
high-technology corridor is sometimes established |
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*high-technology corridors
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areas along or near major transportation arteries that are
devoted to the research, development, and sale of high-technology products. These areas develop because of the networking and synergistic advantages of concentrating high-technology enterprises in close proximity to one another. “Silicon Valley” is a prime example of a high-technology c orridor in the United States |