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Neocolonialism is defined as?
Control by a powerful country of its former colonies (or other less-developed countries) by economic pressures.
Industry where the final product gains weight during production.
Bulk gaining industry
Globalization is defined as?
The idea that the world is becoming increasingly interconnected on a global scale.
US owned factories that are in Mexico along the border of the USA.
Maquiladoras
Tourism that attempts to protect local ecosystems and to educate people about them.
Ecotourism
What is the Rust Belt?
A main original manufacturing region of the U.S.A that is now suffering from deindustrialization.
When a company ships their businesses outside of the country to hire foreign workers.
Outsourcing
what is Deglomeration?
Deglomeration occurs when there’s too much of the same business, which forces businesses to leave/close.
A term for the potential of a job to produce additional jobs.
Multiplier effect
What are export processing zones (EPZ's)?
Physical spaces within a country where special regulations benefit foreign-controlled businesses. (maquiladoras in Mexico)
Why was OPEC formed?
To enable oil rich countries to gain more control over their resource.
Index that measures the distribution of income within a population.
Gini Coefficient
Developed countries tend to have a...
a. high GII and HDI score
b. high GII and low HDI score
c. low GII and high HDI score
d. low GII and HDI score
c. low GII and high HDI score
Theory that attempts to predict the location of a manufacturing site relative to the location of the resources needed to produce the product and where it will be sold.
Least Cost Theory
The knowledge based sector that includes research, development, and software development is the...
Quartenary sector
The 4 key elements of the Self-Sufficiency Path are?
Import limits, Insulation, Equal investment, Equal income.
Differences in the privileges afforded to males and females in a culture.
The gender gap
Which two countries produce the most coal?
China and the United States
What are the three world regions that industry is concentrated in?
Europe, North America, and East Asia
The HDI measures the level of development by combining three factors. What are those factors?
A decent standard of living, a long and healthy life, and access to knowledge.
Where is the hearth of modern industry?
Northern England and Southern Scotland during the second half of the eighteenth century.
What is the difference between point-source pollution and non point-source pollution?
Point source pollution enters a body of water at a specific location whereas non point source pollution comes from a large, diffuse area.
Outsourcing is especially important to what industry?
The electronics industry
What are the 5 key elements of the International Trade Path?
Traditional Society,Preconditions for takeoff, Takeoff,Drive to Maturity,Age of mass consumption.
When a business seeks to maximize profit by substituting one factor of production for another.
Substitution principle