Development 1
This economist introduced the modernization model of development
Who is Rostow?
sustained growth takes place in what stage of the modernization model
what is take-off
Iron Ore and what other resource were key to the industrial revolution
what is coal
when a substantial number of enterprises cluster in the same area
what is agglomeration
Factories located in Mexico along the US/Mexico border that use cheap labor & export items back to the US
What is a maquiladora
The total value of all goods and services produced by a country's economy in a given year
What is GNP
The World Bank and IMF gave these to countries in exchange for reforms in the economy or gov't, such as privatizing gov't entities, reducing tariffs or opening up to foreign trade
structural adjustment loans
What does Weber believe is most important in his least cost location theory?
what is transportation
This region of the U.S has experienced economic growth over the last few decades, transitioning to a service industry while maintaining its manufacturing base
what is the sunbelt
Countries in East Asia that experienced rapid economic growth through trading goods are know as
4 Asian Tigers (Taiwan, Hong Kong, South Korea, Singapore)
Lack of education for girls is a characteristic of which tier of the three- tier structure?
What is periphery
this theory holds that economic disparities are built into the system & it is misleading to assume all areas will go through the same process of development
What is structuralist theory
when cargo is transported from one mode of transportation to another generating employment, activity and wealth
what is break-of-bulk
A process by which companies move industrial jobs to regions with cheaper labor
what is deindustrialization
When you take raw materials and make a product that will cost less to transport
what is weight-reducing
Heifer International is an example of a what
What is a NGO (non governmental organization)
Kiva is an NGO that gives loans to poor people to encourage development of small businesses in developing areas-what are these types of programs called?
What are microcredit
highly organized production & labor
what is Fordist
Eastern North America, Western & Central Europe, Russia & Ukraine and ___________ make up the four primary industrial regions
What is Eastern Asia
an industry that is not tied to one certain region of the world, such as microchips or t-shirts
what is foot loose industry
Areas where governments offer favorable tax, regulatory and trade arrangements to foreign firms
What is EPZ (export processing zone)
a measure of the # of dependent young and old that each 100 employed people must support
what is dependency ratio
A collection of high-technology industries
what is a technopole
This model explains why two pizza places may locate right next to each other in an effort to constrain each others sales territory
What is Hotellings Locational Theory
this model focuses on a zone of profitability
what is Losch's model of interdependence