Vocab
Export processing centers located on the US Mexican border that take advantage of low cost labor
Malquiladoras
Sector of economy where they work directly with raw material
primary sector
manufacturing process where the final product is heavier or harder to transport than the materials used to make it
weightgaining industry
What is the core focus of Weber's theory?
It focuses on minimizing three main costs: transportation (most important), labor, and agglomeration.
Transitional phase where external influence, education, and infrastructure investment (e.g., water, transport) start to improve productivity.
precondtions-for takeoff
Location where transportated goods are transfered from one mode of transport to another
Break of bul point
sector of economy where they process or make things out of raw materials
secondary sector
Manufacturing process in where the final product weighs less and is easier to transport than the raw materials used to make it
weight losing industry
Raw materials are heavier than the final product?
Bulk-reducing
Modern technology diffuses across all economic sectors. The economy diversifies into complex, self-sustaining industries (e.g., late 19th-century U.S.).
Drive to maturity
System of using standerdized steel containers to transport goods efficiently via ships rail and thrucks
Containerization
service based sector of economy
tertiary sector
In a weight gaining industry do you want the factory near the market or recources
Closer to market
Final product is heavier or more fragile than raw materials?
Bulk-gaining
Rapid industrialization occurs; one or more manufacturing sectors grow quickly, and urbanization increases
Take-off
Business that can be located anywhere because its location is not tied to recources or raw materials
Footloose industry
Knowledge based sector of economy
Quaternary sector
In a weight losing industry do you want the factory closer to the market or resources
Closer to recources
What is agglomeration?
The clustering of similar industries in one area to share infrastructure, labor pools, and services, reducing costs.
Characterized by subsistence agriculture, intensive labor, limited technology, and a rigid social structure
Tradtional society
Industry that is small scaled and ran from inside a house
Cottage industry
The decision based sector of the economy
Quinary sector
what is the term for the collection of shared infastructure skilled workers in a certain area to make certain products.
Agglomeration
What are the main limitations?
It assumes uniform geography, ignores consumer demand, and overemphasizes transport costs over modern factors like technology or tax incentives.
The economy shifts toward consumer goods and services (e.g., automobiles, luxury items). The majority of the workforce is in the service sector (e.g., modern U.S., Western Europe)
Age of high mass consumption