Define Industrialization
the process by which economic activities on the earth's surface evolved from producing basic, primary goods to using factories for mass-producing goods for consumption.
What are the main reasons why companies outsource
To reduce production costs
How do export processing zones differ from other zones
The zones are typically located in the vicinity of ports of air and sea
What are the main types of economic activities
primary (extraction of natural resources), secondary (manufacturing), tertiary (services), and quaternary (knowledge-based services)
Define geography
the study of the diverse environments, places, and spaces of Earth's surface and their interactions
What led to Industrialization
Industrial evolution
businesses can make the outsourced process more efficient, better, and safer
high-tech and science parks, finance zones, logistics centers, and even tourist resorts
What factors influence the location of economic activities
the availability of resources, infrastructure, labor, market access, government policies, and economic climate
Define scale
the relationship of a feature's length on a map to its actual distance on Earth
What countries are behind in industrialization
Eastern Europe, Africa, and parts of Asia
What are the risks of outsourcing
Loss of control, communication issues, security breaches, unexpected costs, and potential quality decline
How can EPZ be more useful long term
focus on sustainability, diversification, and integration with the local economy, while also ensuring fair labor practices and environmental protection
Define economic activites
all actions related to the production, distribution, and consumption of goods and services, including buying, selling, and working, and are essential for fulfilling needs and driving economic growth
Define hearth
the original location or region where a cultural element, like an agricultural practice, religion, or language, first developed and then spread to other areas
What are the ways that industrialization impacted the environment during the early stages of industrialization
increased pollution of air and water, deforestation, resource depletion, habitat destruction, and urban overcrowding
cost savings and efficiency gains to a greater competitive advantage. On the other hand, loss of control over the outsourced function is often a potential business risk
What are the benfits of EPZ
tax incentives, streamlined regulations, and improved infrastructure
Pros of economic activities
job creation, increased revenue and tax income, improved quality of life, and enhanced infrastructure
What are the different diffusion
relocation diffusion, expansion diffusion (which includes contagious diffusion, hierarchical diffusion, and stimulus diffusion), and network diffusion
How did Industrialization affect women's roles in the workforce
growing numbers of women entered the paid workforce
What type of industries are most likely to use outsourcing
IT and software development, finance and accounting, healthcare, manufacturing, and customer service
What is the Export Processing Zone
industrial estates or trade enclaves in developing countries that offer incentives, like tax breaks and relaxed regulations, to attract foreign investment for manufacturing and processing goods primarily for export
Cons of economic activities
environmental damage, income inequality, and market failures
Define spatial patterns
an analytical tool used to measure the distance between two or more physical locations or items.