86249
Description
Flashcards by sweet_cherry3, updated more than 1 year ago
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Created by sweet_cherry3
over 11 years ago
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| 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 |
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