Unit 6 AP Vocab Practice

Match the following

• quinary sector

• Service sector industries that require a high level of specialized knowledge or technical skill, including scientific research and high-level management.

• quaternary sector

• Service sector industries concerned with collection, processing, and manipulation of information and capital, including finance, administration, etc

• Human Development Index

• 1) UN measure that analyzes health, wealth, and education in order to determine a country's level of development.

• primary sector

• Portion of the economy dealing with manufacturing products.

• secondary sector

• Portion of the economy that deals with extracting resources from the earth, such as agriculture or mining.

Money that is put into one country by a company that is based in a different country

• fordist production

• specialized economic zones

• outsourcing

• foreign direct investment

Type of production that can be located anywhere without major change in cost of production.

• infrastructure

• fordist production

• export processing zone

• footloose industry

The idea that the price and demand for real estate will increase closer to the center of a city

• Heartland Theory

• neocolonialism

• bid rent theory

• Industrial Location Theory

The ability of a person or group to more efficiently carry out a particular economic activity better than another.

• multiplier effect

• agglomeration

• comparative advantage

• footloose industry

The shift of industry from developed countries to developing countries, creating a global system of production

• agglomeration

• specialized economic zones

• multiplier effect

• international division of labor

Factory in Mexico that manufactures products for a foreign company to be exported and sold in that country.

• infrastructure

• footloose industry

• fordist production

• maquiladora

When a corporation decides to have independent suppliers be responsible for production of products.

• deglomeration

• market orientation

• outsourcing

• deindustrialization

Production process where the final product weighs less than the inputs.

• deglomeration

• bulk-reducing industry

• multiplier effect

• economies of scale

What is the capital for Afghanistan?

• Kabul

• Astana

• Bishkek

• Islamabad