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Key Terms Unit 5
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76
Geography
12th Grade
01/15/2013

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Term
biotechnology
Definition
-using living organisms to produce or change plant or animal products
Term
capital-intensive farm
Definition
-farm that makes happy use of machinary in the farming process
Term
dairying
Definition
-growth of milk based products for the market place
Term
debt-for-nature sweeps
Definition
-efforts to preserve natural farmland by forgiving international debts owed by developing countries in exchange for those new countries protecting natural land resourses from human destriction
Term
double cropping
Definition
-planting & harvesting a crop on a field more than once a year
Term
enclosyre movement
Definition
-as feudalism faded away & capitalism grew, this movement divided the common farm-one; the villages moved together into individual farming plots. many farmers did not get private plots moved to the growing cities
Term
ester boserup
Definition
- geographer who developed the theory that most substance farmers want leisure time they have, so they farm in both ways that feed their families & to maxamize free time. boserup's theory also positied that farmers will change their approach to farming if the population increases & more food needed, thus making the food supply dependent on human innovation, rather than humans dependent on the food supply
Term
extensive subsistance agriculture
Definition
-using a large amount of land to farm for food for the farmer's family to eat
Term
famine
Definition
- mass starvation resulting from prolonged undernutrition in a region durring a certain period
Term
hunters & gatherers
Definition
- nomadic people who did not remain stationary, but followed herds of wild animals & forage for plants & survival
Term
intensive substance agriculture
Definition
- cultivating a small amount of land very efficiently to frodice food for the farmer's family
Term
intertillage
Definition
- practice of mixing many types of needs on the same plot of land
Term
labor-intensive farm
Definition
- farm that uses much human labor
Term
Alfred Weber
Definition
Economic geographer developed a model for the location of manufactoring plants
Term
Informal Sector
Definition
Illegal or unaccounted for economy that govn'ts do not tax & keep track of from garden to black market
Term
Industrialization
Definition
industry pertaining of machines
Term
Global Warming Theory
Definition
Troposheric polution causes earth to retain more heat & effect wont be felt til the 21st century
Term
Free Trade
Definition
causes a countrys long term growth rate by expanding access to global tech & promoting chaos
Term
Teritiary Economic Activities
Definition
economic activity accosiated with the provision of services such as transportation, retailing, education & routine office basic jobs
Term
Structualist Theorys
Definition
a general term for a model of economic development that treats disporities amoung countries on regional the result of historicaly durrived power relation with the global economy
Term
Structual Adjustments
Definition
Loans granted by international financial instructory such as the world trade & the international montery travel countries in the periffery & same in exchange for certain economic governmental economy in the country lux prival;ation of certain gov't entitles & opening the country ti forein trade
Term
Special Economic Zone
Definition
Specific area within a country in which tax & economical regulations are implemented  to attend forein investment
Term
Secondary Economic Activities
Definition
Economic activity involving the processing of raw materials & then transformation its finished industrial products, the manufacturing sector
Term
Least Cost Theory
Definition
States that optimum location of a manufacturing firm is explained in terms of cost minimization
Term
Locational Interdependence
Definition

The response of a plant to its competitors in a given location. Plants may be attracted or repelled by the presence of rival plants and plan their locational strategies with regard to their competitors. Irregular arrangements may be made by two firms to locate so as to split the market between them.



Read more: http://www.answers.com/topic/locational-interdependence#ixzz2LeeLUj7l

Term
Rowstow's Modernization
Definition

1) traditional society

2) preconditions to take-off

3) take-off

4) drive to maturity

5) age of high mass consumption

Term
Agglomeration
Definition
A jumbled collection or mass
Term
Agglomeratation Economy
Definition
A reduction in production cost the results when related firms locate near one another. Firms can be related as competitors in the same industry, by using the same inputs, or through providing output to the same demographic group. The fashion industry, for example, experiences agglomeration economies because they can share specialized inputs (photographers, models) that would be too expensive to employ full time. Retail stores have agglomeration economies when located in shopping malls because they have access to a large group of potential customers with lower advertising cost. Agglomeration economies is given as one of the primary reasons for the emergence of urban areas
Term
Asian Tigers
Definition
Pakistani militant group, first publicised when they claimed credit for the kidnapping of former Pakistani intelligence officers
Term
Big Mac Index
Definition
published by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and provides a test of the extent to which market exchange rates result in goods costing the same in different countries.
Term
Comparative Advantage
Definition
refers to the ability of a party to produce a particular good or service at a lower marginal and opportunity cost over another
Term
Conglomerate Corporation
Definition
A corporation that is made up of a number of different, seemingly unrelated businesses. In a conglomerate, one company owns a controlling stake in a number of smaller companies, which conduct buisness separately. Each of a conglomerate's subsidiary businesses runs independently of the other business divisions, but the subsidiaries' management reports to senior management at the parent company

Read more: http://www.investopedia.com/terms/c/conglomerate.asp#ixzz2M8MCxAMt
Term
Commodification
Definition
the process through which something is given monetary value. Commodification occurs when a good idea that previously was not regarded as an object to be bought & sold is turned into something that has a particular price and that could be tradedd in the market economy
Term
Dependency Theory
Definition
a structuralist that offers a critique of the modernization model of development. based on the idea that certain types of political & economic relations (especially colonialism) between countries and regions of the world have created arrangements that both control & limit the extent to which regions can develop
Term
Deglomeration
Definition
the process of an industrial deconsentration in responce to technological advances &/or increasing costs due to congrestion & competition
Term
Developing
Definition
with respect to a country, making progress to a technology, production and socioeconomic welfare
Term
Export-Processing Zone
Definition
zones established by many countries in the perifery & semi-perifery where thye offer favorable tax, regulatory, and trade arrangements to affect forein trade & investment
Term
Ford Production (Fordist) Method
Definition
a highly organized & specialized system for organizing industrial production & labor. named after automobile producer Henry Ford, fordist production ft assembly-line production of standardized componets of mass consuption
Term
Globalization
Definition
the expansion of the economic, political, & cultural processes to the point where they become global in scale & impact. the processes of globalization transcend state boundaries that have outcomes that vary across places and scales
Term
Gross Domestic Product (GDP)
Definition
the total value of all goods & services produced within a country durring a given year
Term
High-tech Corridor (Technopole)
Definition
areas along neer major transportation arteries that are devoted to the research, development, and a scale of high-tech products. these areas develop bc of the networking and synergistic advantages of concentrating high-tech enterprises in close proximity to one another. "silicon valley" is a prime example of a high-tech corridor in the U.S.
Term
Industrial Revolution
Definition
the term applied to the social & econimic changes in agriculture, comerence, & manufacturing that resulted from technological innovations & specialization in the late 18th century (Europe)
Term
Locational Interdependence
Definition
theory developed by economist Harold Hotelling that suggests competitors, in trying to maximize sales, will seek to constrain each other's teritory as much as possible which therefore lead them to locate adjacent to one another in the middle of their collective customer base
Term
Maquiladora Zones
Definition
zones in northern mexico with factories supplying manufactured goods to the U.S. market. the low-wage workers in the primaraly forein-owned factories assemble imported components &/or raw materials & then export finished goods
Term
Nongovernmental Organizations (NGO)
Definition
international organization thatoperate outside of the formal political area but that are nevertheless influentialin spearheading internatinal on social, economic, & enviromental issues
Term
Outsource
Definition
with refrence to production, to turn over in part or in total to the 3rd party
Term
Primary Economic Activity
Definition
economic activity concerned with the direct extraction of natural recources from the enviroment - such as mining, fishing, lumbering, and especially agriculture
Term
Quaternary Economic Activity
Definition

service sector industries concerned with the collection, processing, & manipulation of the information & capital.

*Examples: finance, administration, insurance, & legal services

Term
More-developed country
Definition
a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less developed nations
Term
development gap 
Definition
the disparity in development between the EMDW and ELDW.
Term
economy
Definition
The wealth and resources of a country or region, esp. in terms of the production and consumption of goods and services.
Term
ecotourism
Definition
Tourism in exotic, often threatened, natural environments, esp. to support conservation efforts and observe wildlife.
Term
fair trade
Definition
Trade in which fair prices are paid to producers in developing countries.
Term
footloose industry
Definition
Footloose industry is a general term for an industry that can be placed and located at any location without effect from factors such as.
Term
foreign direct investment
Definition
investing in United States businesses by foreign citizens (often involves stock ownership of the business).
Term
greenhouse effect
Definition
The trapping of the sun's warmth in a planet's lower atmosphere due to the greater transparency of the atmosphere to visible radiation.
Term
human development index (HDI)
Definition
The Human Development Index (HDI) is a composite statistic used to rank countries by level of "human development" and separate.
Term
international trade approach
Definition
 The economic interaction among different nations involving the exchange of goods and services, that is, exports and imports.
Term
less-developed country
Definition
Developing country is a term generally used to describe a nation with a low level of material well-being (not to be confused with third.
Term
liberal development theories
Definition
Neither individualism nor the belief that freedom is a primary political good are immutable laws of history.
Term
market orientation
Definition
(Market oriented) A market economy is economy based on the power of division of labor in which the prices of goods and services are.
Term
multinational corporation (MNC)
Definition
A multinational corporation (MNC) trans national co-operation.(TNC), also called multinational enterprise (MNE), is a corporation or an.
Term
new industrial country (NIC)
Definition
A term used by political scientists and economists to describe a country whose level of economic development ranks it somewhere between the developing and first-world classifications.

Term
spatially fixed costs
Definition
cost that does not vary depending on production or sales levels, such as rentproperty taxinsurance, or interest expense.

Term
new international division of labor
Definition
Spread of different stages of manufacturing to locations in different countries, to exploit differences in factor costs and economies of.
Term
north-south gap
Definition
the difference in attitudes or situation between people in the northern and southern parts of a country.In the USthe south is generally more conservative than the northwhile in the UK the north isgenerally poorer than the south.
Term
pacific rim economic region
Definition
The countries and landmasses surrounding the Pacific Ocean, often considered as a socioeconomic region.
Term
privatization
Definition
changing something from state to private ownership or control
Term
purchasing power parity (PPP)
Definition
Purchasing power parity (PPP) is a theory of long-term equilibrium exchange rates based on relative price levels of two countries. The.
Term
self-sufficiency approach
Definition
able to supply one's own or its own needs without external assistance
Term
spatially variable costs
Definition
ikely to change or vary; subject to variation; changeable.
Term
substitution principle
Definition
In mathematics, substitution of variables (also called variable substitution or coordinate transformation) refers to the substitution of.
Term
sustainable principle
Definition
Meeting the needs of the present without compromising the ability of future generations to meet their own needs.
Term
sustainable development
Definition
Sustainable development is a pattern of resource use that aims to meet human needs while preserving the environment so that these needs.
Term
weight-gaining process
Definition
resources or advantage acquired or increased
Term
weight-losing process
Definition
Your body weight comprises more than just fat and muscle.
 



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