Ch 18 Vocab
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| show | Any economic activity using machinery on a large scale to process raw materials into products
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| show | Any metals, wood or other plant products, animal products or other substances that are used to make intermediate or finished goods
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| Industrialization | show 🗑
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| Industrial Revolution | show 🗑
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| Cottage Industries | show 🗑
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| show | Collections of industries engaged in similar economic activities based on the creation of raw materials, the production of goods, the provision of services or other activities
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| show | Economic sector associated with removing or harvesting products from the earth; includes agriculture, fishing, forestry, mining or quarrying, and extracting liquids or gas
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| Secondary Sector | show 🗑
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| show | Economic sector that includes a host of activities that involve the transport, storage, marketing and selling of goods or services; also called the service sector
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| show | Economic sector that is a subset of tertiary sector activities that requires workers to process and handle information and environmental technology
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| show | Economic sector that is a subset of the quaternary sector; involves the very top leaders in government, science, universities, nonprofits, health care, culture and media
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| show | An economic pattern marked by predominant tertiary sector employment- with a good share of quaternary and quinary jobs
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| Gross Domestic Product | show 🗑
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| show | Economies with two distinct distributions of economic activity across the economic sectors
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| Least-Cost Theory | show 🗑
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| Agglomeration | show 🗑
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| show | Location where it is more economical to break raw materials into smaller units before shipping them further
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| Bulk Reducing Industries | show 🗑
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| Bulk Gaining Industries | show 🗑
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| show | A collection of manufacturing facilities in a particular area that is typically found in suburbs and is located close to highways to facilitate movement of raw materials and finished products
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