Unit 7 Vocab Review

the spatial grouping of businesses in order to share costs, as when several factories share the cost of building an access road to connect with a public highway

• Commodity Dependency

• agglomeration

• deindustrialization

• ecotourism

explains the key decisions made by businesses about where to locate factories; attempts to predict the location of a manufacturing site relative to the location of the resources needed to produce the product and where the final product will be sold (market)

• Post-Fordist Production

• Dependency Theory

• Immanuel Wallerstein/World Systems Theory (Core-Periphery Model)

• Alfred Weber/Least Cost Theory

a type of export processing zone (physical spaces within a country where special regulations benefit foreign-controlled business) located specifically in Mexico

• maquiladoras

• Walt W. Rostow/Stages of Economic Development

• sustainable development

• growth poles

True or False: the most famous technopole because of proximity to University of California, Berkeley, and Stanford University: Silicon Valley

• True

• False

Which of the following are indicators of development? Select all of the correct answers

• Economic Sector

• Literacy Rates

• Birth and Death Rates

• Car Production