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| semi-explains the locational pattern of an economic activity in terms of the factors that influence this pattern. |
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| The advancement in technology. What shited countries from the first to the second stage of the Demographic Transition Module. One of the famous inventions in this era was the steam-driven engine. Diffused Eastward from the United Kingdom in about five big waves every decade |
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| Industries that are not dependent on the location of raw materials. The materials can be transported to the manufacturing plant no matter the location as lon as the resulting product out-profits the raw materials. |
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| necessary costs for your company. Examples are energy supply, transport expenses, labor costs, and other needs. |
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| The farther away something is the more money and time that is spent. |
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| The further away something is the less used the function is. Coralates with Friction of Distance |
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| Transportation, Labor and Agglomeration are all factors used by business people that are manipulated to pay less and earn more. |
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| When enterprises are clustered in the same area. They provide services for each other ex.: Office needs furniture and theres a furniture store down the street. This may overcome some increase in transport and labor costs. |
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| The substitution of one product to another that is more efficient and beneficial but it still retains the same function. |
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| Everything necessary and needed to develope anything. Importand in Industrial locations. Examples are airports, electrical wiring, roads, railways, banks, postal offices, gorcery stores, hotels, docks, taxis, water supplies etc. |
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| Industries designed to stimulate growth through the establishment of various supporting industries. they have attracted people and money to a particular region. |
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| Primary Industrial Regions |
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1. Western and Central Europe
2. Eastern North America
4. Russia and Ukraine
each consists of one or more core areas of idustrial development. |
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| An avantage that one country has over another. Something that the other country doesn't have that makes the 'blessed' country more superior. |
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| Transport of cargo from one form of transportation to another. This stimulates economic activity and wealth. |
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| Zones or sites desginated for foreign investment and business. |
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| Secondary Industrial Region |
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| about 8 in India including New Delhi, Indore,, and Nagpur areas. |
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| Where manufactured products could be sent to the United States free of import tariffs. This led many U.S. companies to establish plants in Mexico that were designed to transform imported raw materials into finished industrial products. |
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| North American Free Trade Agreement. promotes further industrialization. Facilitated the movement of tertiary-sector industries from the United States to Mexico, including data processing operations. |
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| Gross National Product. The total cost of all goods and services produced by a country's economy in a given year. Everything is accounted for even if the goods and services were performed in another country. |
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| A country with high levels urbanization, high standards of living, and high levels industrialization. |
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| A country with lower levels of urbanization, lower standards of living, and lower levls of Industrialization, yet are showing signs of development and shiftment into a developed country. |
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| The process of developing to meet higher standards and expectations. |
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| A model that views the world with a core, a semi-periphery, and a periphery. |
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| Regions that have achieved high leverls of codioeconomic prosperity and are dominant players in the global economic game. |
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| Poor regions that are dependent in significant ways on the core and do not have as much control over their own affairs. |
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| Consists of regions that exert more power than peripheral regions but are dominated to some degree by the core regions |
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| Immanuel Wallerstein, proposed that social change in the developing world is linked to the economic activities of the developed world. He theorized off of the core-periphery model. |
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| believe that all countries will one day be developed and LDC's will no longer exist. |
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| Believes that there will always be an underdeveloped country. Even if they reach the point we are at now, We will be more advanced when they reach our current level. |
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Walt Rostow, all counries follow a similar path through five stages of development.
1. traditional society
2. Preconditions of takeoff
3. Takeoff
4. Drive to maturity
5. High mass consumption |
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Theory that says that the political and economic relationships between countries and regions of the world limit the development of LDC's.
Example- colonization in Africa |
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