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chapter 12

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Cottage industries   show
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show Savings in cost of production that comes from increasing production of a good.  
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Industrial Revolution   show
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show An area of economic production that is located inland and is connected to the world by a port.  
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Situation   show
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Network   show
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First Mover Advantage   show
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show Area to which an innovation diffuses and from which the innovation diffuses more broadly.  
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Globalization   show
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show 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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Vertical Integration   show
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show Understanding the distribution of cities, industries, services, or consumers with the goal of explaining why places are chosen as sites of production or consumption. The von Thünen model is an example.  
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Agglomeration   show
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Least Cost Theory   show
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Friction of distance   show
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Intermodal   show
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Capitalism   show
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Commodification   show
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Global division of labor   show
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show Increasing connectedness between world cities from improved communication and transportation networks.  
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Just-in-time delivery   show
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Spatial fix   show
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Node   show
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show Steps in the production of a good from its design and raw materials to its production, marketing, and distribution.  
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show Hiring employees outside the home country of a company in order to reduce the cost of labor inputs for the good or service.  
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Connectivity   show
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Global sourcing   show
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show 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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Newly industrializing countries (NIC)   show
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Break of Bulk Point   show
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Deindustrialization   show
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show 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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show Areas along or near major transportation corridors that are devoted to the research, development, and sale of high-technology products.  
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Created by: 196522
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