| Description | Word |
|---|
| Geographical economic theory that refers to how the price and demand for real estate changes as the distance from the Central Business District decreases | |
| Growing environmental peril that severely damages plant and animal life caused by oxides of sulfur and nitrogen that are released into the atmosphere | |
| a process involving the clustering or concentrating of people or activities | |
| savings which arise from the concentration of industries in urban areas and their location close to linked activities | |
| the introduction of chemicals, particulate matter, or biological materials that cause harm or discomfort to humans or other living organisms or damages the natural environment, int | |
| Manufactures of aluminum considered as a group | |
| Social theories about production and related socioeconomic phenomena | |
| a location along a transport route where goods must be transferred from one carrier to another | |
| concept by Spykman to describe the maritime fringe of a country or continent, in particular the densely populated western, southern and eastern edges of the Eurasian continent | |
| the ability of a party to produce a particular good or service at a lower opportunity cost than another party | |
| a mechanism by which an output is enhanced | |
| the process of industrial deconcentration in response to technological advances and/or increasing costs due to congestion and competition | |
| process by which companies move industrial jobs to other regions with cheaper labor, leaving the region to switch to a service economy and to work through a high period of high une | |
| another term for industries | |
| characteristics of a production process in which an increase in the scale of the firm causes a decrease in the long run average cost of each unit | |
| tourism to exotic or threatened ecosystems to observe wildlife or to help preserve nature | |
| discovered to be hydro, solar, wind, biomass, geothermal, coal, crude oil, natural gas, and ocean wave motion and are used to produce power | |
| a commercial center, a place where merchandise is sent for additional procession and distribution | |
| zones established y many countries in the periphery and semi periphery where they offer favorable tax, regulatory and trade arrangements to attract foreign trade and investment | |
| business expenses that are not dependent on the activities of the business, they tend to be time-related, such as salaries or rents being paid per month | |
| an industry that can be placed and located at any location without effect from factors such as resources or transport | |
| refers to the highly developed economies of Hong Kong, Singapore, South Korea and Taiwan | |
| the blanket like effect of the atmosphere in the heating of the Earth's surface; shortwave insolation passes through the 'glass' of the atmospheric 'greenhouse' heats the surface i | |
| the central region of a country or continent, especially a region that is important to a country or to a culture | |
| | Description | Word |
|---|
| Theory attempting to explain why industries are found to have located in the places they are found | |
| A period from the 18th century where major changes in agriculture, manufacturing, mining and transport had a profound effect on the socioeconomic and cultural conditions starting i | |
| The basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function | |
| economic specialization is the specialization of cooperative labor in specific, circumscribed tasks and roles, intended to increase the productivity of labor | |
| Requiring a great deal of work, especially physical and manual effort | |
| the location of manufacturing establishments is determined by the minimization to three critical expenses; labor, transportation and agglomeration | |
| feature of economic development in peripheral countries whereby the host country establishes areas with favorable tax, regulatory and trade arrangements in order to attract foreign | |
| Zones in northern Mexico with factories supplying manufactured goods to the US market, low wage workers in the primarily foreign owned factories assemble imported components and/or | |
| The idea that an initial amount of spending leads to increased consumption spending and so results in an increase in national income greater than the initial amount of spending | |
| An agreement for free trade between US, Canada and Mexico | |
| The transfer of a business function to an external service provider | |
| A slow, steady decline of about 4% per decade in the total volume of ozone in Earth's stratosphere since the late 1970s and a much larger, but seasonal, decrease in stratospheric o | |
| An inventory strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs | |
| A society in which an economic transition has occurred from a manufacturing based economy to a service based economy and a diffusion of national and global capital and mass privati | |
| small home based business | |
| Geographical region that has economic laws that are more liberal than a country's typical economic laws | |
| Focused on the substitution of a product, service or process to another that is more efficient or beneficial in some way while retaining the same functionality | |
| The maximum distance a customer is willing to travel | |
| The minimum market area size | |
| The social and psychological effects of living in a world in which time space convergence has rapidly reached a high level of intensity | |
| The deliberate killing of a place through industrial expansion and change, so that its earlier landscape and character are destroyed | |
| The commercial exchange of goods and services | |
| A multinational corporation(MNC) also called multinational enterprise (MNE) is a corporation or an enterprise that manages production or delivers services in more than one country | |
| The state of being everywhere at any given time. | |
| | Description | Word |
|---|
| Costs that change directly with the amount of production | |
| Marketing plans, tactics, and methods that have been modified to fit in with the local settings in foreign markets | |
| The adoption by companies of flexible work rules such as the allocation of workers to teams that perform a variety of tasks | |
| When an industry is located near its customers due to high transportation costs of the final product. | |
| Relative loss in weight of production inputs during the production process | |
| relative gain in weight of production inputs during the production process | |
| Points of economic growth | |
| Food energy is the amount of energy in food that is available through digestion | |
| Higher wages and prices are found at the core while the lack of employment in the periphery keeps wages low there. The result may well be a balance of payments crisis at the periph | |
| Is the contact and interaction of one country to another | |
| A structuralism theory that offers a critique of the modernization model of development. political and economic relations between countries have controlled and limit the extent to | |
| investment of foreign assets into domestic structures, equipment, and organizations | |
| the wide set of characteristics that are seen to distinguish between male and female entities, extending from one's biological sex to, in humans, one's social role | |
| The total value of all goods and services produced within a country during a given year | |
| Total value of all goods and services produced by a country's economy in a given year. It includes all goods and services produced by corporations and individuals. | |
| an indicator of the level of development for each country, constructed by the UN combing income literacy education and life expectancy | |
| Per capita levels of income, the structure of the economy, and various social indicators are typically used as measures for determining whether countries are developing or develope | |
| A policy whereby a major power uses economic and political means to perpetuate or extend its influence over underdeveloped nations or areas | |
| how much money would be needed to purchase the same goods and services in two different countries, and uses that to calculate an implicit foreign exchange rate. | |
| The presence in a country of a technology that other countries do not have, so that it can produce and export a good whose cost might otherwise be higher than abroad | |
| The sharing of technological information through education and training; The use of a concept or product from one technology to solve a problem in an unrelated one | |
| underdeveloped and developing countries of Asia and Africa and Latin America collectively | |
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