DTM Model
high birth rates and high death rates
stage 1
Comparative Advantage
What's the name of the first stage of the Rostow model, characterized by a traditional economy and limited technology?
Traditional Society.
The three types of countries are what?
Core, Semi- Periphery, and Periphery.
what are examples of MDC and LDC
MDC- US, Japan, Canada
LDC- Chad, Afghanistan
countries in this stage have both low birth rates and death rates, often resulting in zero or negative population growth
stage 4
What's the term for when service-sector jobs move from developed to developing countries to save costs?
Outsourcing
In this stage, the country begins investigating in infrastructure like roads, electricity, and education. What's the name of this stage?
Preconditions for Takeoff
In between core and periphery, there's some industrialization, and moderate development.
how many modes of transportation are there?
5.
Roads, Rail, Water, Air, and Pipelines.
in this stage death rates drop due to improved sanitation and healthcare, birthrates remain high
stage 2
What is the term that describes the concentration of industries in one area where businesses benefit from sharing services?
Agglomeration
Rapid Growth in a few industries marks this stage, helping the economy take off. What's the name of this stage?
Takeoff Stage
What are 2 Country examples of Core countries?
US, Germany
what is industrialization?
the process by which a country or region transforms from a agricultural-based economy to one based on manufacturing goods and services.
the beginning of declining birth rates due to urbanization
stage 3
for the development of global call centers in India example of growth in this kind of job category
service jobs
Economic growth spreads to many parts of the economy and becomes more diversified, whats the name of this stage?
Drive to Maturity
What are the three main factors of Weber's Costs theory?
Transportation Costs, Labor Costs, and Agglomeration.
What is deindustrialization?
the decline of industrial activity in a region or country, especially manufacturing.
in this stage birth rates fall below death rates and populations decline without immigration.
stage 5
this concept describes the value added to a product at each stage of production and service.
value chain
The final stage includes mass consumption of goods and services and high living standards, what's the name of this stage?
Age of Mass Consumption
What is Weber's Cost Theory
Foundational theory in industrial geography that explains the optimal location of a manufacturing plant based on minimizing costs.
what are the 5 measures of development?
GDP- Gross Domestic product
GNP- Gross national product
GNI-Gross national income
GII- Global Innovation Index
HDI- Human Development Index