Created by sweet_cherry3
over 11 years ago
|
||
Question | Answer |
Cluster | a geographically concentrated group of connected industries and institutions(firms,supplier,agencies) |
Cumulative causation | a model that explainss why wealth becomes concentrated in certain places |
Export processing zone | a small industrial area often on the coast where favourable conditions are created to attract foreign TNCs.(low tax) |
Clobal Hub | a settlement providing a focal point for activities that have a global influence |
Human resources | the abilities and potential of the human population in terms of their education levels,skills,language |
Core | The most developed and highly populated region of a country (growth of core-flow of labour from LEDCs) |
Switched-on places | nations,regions,cities that are strongly connected to other places through the production and consumption of goods and services. |
Wilderness | an area of the planet that has remained relatevely untouched by a human activity (Antarctica) |
Shrinking world | due to technology distant places start to feel closer and take less time to reach |
Spatial devison of labour | the common practice among large firms of moving low-skilled work abroad to places where labour costs are low(research) |
Assembly industries | Manufacturing operations that take the products of many different industries and fit them together to make finihsed good |
Transnational corporation | A company that has operations in more than one industry |
Branch Plant | A factory built in a counrty by a TNC whuch has its headquarters elsewhere |
Consumption | the purchase and use of commodities(both goods and food) as well as services |
Glocalisation | the local sourcing of parts by TNCs in places where they assemble their global products close to markets |
Parent company | the original business that a global TNC has developed around and directors still make decisions that effect the organisation as a whole(Walt Disney) |
Tertiary Sector(service sector) | consists of businesses taht produce no physical product instead they sell the product of manufacturing (education,tourism) |
Minimum wage | an hourly wage set by a nations government that all companies must pay to their employees. |
Birth Rate | The number of births per 1,000 people per year in a region (fertility) |
Death Rate | The number of deaths per 1,000 people per yaer in a region(mortality) |
Economic Migrant | A migrant whose primary motivation is to seek employment.(migrants who already have a job-looking to a better pay or change in career) |
Internal Migration | The movement of people between different regions within the same nation.(poor nations moved from countryside to the cities) |
Intervening obstacle | Barrier to a migrant such as a political border or physical feature(Africa-Europe)(Obstacles--family pressure and travel cost) |
Intervening opportunity | An alternative migration destination that exists between the migrants place of origin and intended destination |
Natural Increase | The difference between the birth rate and the death rate usually showed as a %. |
Natural Decrease | death rate exceed bith rate |
TNC (transnational corporations) | are firms with operations spread across the world,operating in many nations as both makers and sellers of goods and services |
Elite | A group of people who are economically and socially powerful(Bill Gates earned 50billion from microsoft) |
Foreign direct investment | a financial injection made by a TNC into a nations economy either to built new facilities or merge with an existing firm there |
Rural-urban migration | a movement of population from rural to urban areas. |
Development gap | The difference in levels of economic and social well-bing between the richest and poorest people on the planet |
Gross domestic product | A measure of the financial value of the goods and services produced within a territory |
Human development index | A United Nations measure of economic and social development that takes into acount income per capita,life expectancy and adult literacy |
Petrodollars | money derived from selling oil |
Want to create your own Flashcards for free with GoConqr? Learn more.