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Chapter 12 Vocab Quiz

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1. Location Theory




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2. Hinterland




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3. Capitalism




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4. Spatial Fix




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5. Newly Industrializing Countries (NIC)




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6. Cottage Industries




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7. Connectivity




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8. Time-Space Compression




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9. First Mover Advantage




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10. Agglomeration




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11. A region in the northeastern United States that once had an extensive manufacturing industry but has been deindustrialized during the post-Fordist era.




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12. Manufacturing system in which raw materials are brought into a central location and component parts and the final product are produced at the same location and then shipped globally.




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13. Savings in cost of production that comes from increasing production of a good.




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14. A place where goods are transferred from one form of transport to another. For example, in a port, cargoes of ships are unloaded and put on trains, trucks, or riverboats for inland distribution.




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15. Pattern of flows from raw material to global product to disposal or reuse of products that shows all the places connected through production.




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16. Tapping into companies that specialize in production around the world to manufacture goods.




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17. Area to which an innovation diffuses and from which the innovation diffuses more broadly.




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18. The merging of businesses that serve different steps in one commodity chain.




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19. Cluster of inventions and innovations that brought large-scale economic changes in agriculture, commerce- and manufacturing in late eighteenth century Europe.




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20. A set of interconnected nodes without a center.





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