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Industrialization and Economic Development (Measures of development are…
Industrialization and Economic Development
The Industrial Revolution, as it diffused from its hearth, facilitated improvements in standards of living.
economic sectors
primary
secondary
tertiary
quaternary
quinary
The Industrial Revolution
industrial production
non-renewable resources
fossil fuels
renewable resources
infrastructure
economies of scale
commodity chains
footloose industries
As industrialization diffused, what was its impact on population growth; food supply; types of jobs; demand for raw materials; markets; colonialism and imperialism?
What was it? Where did it start, and when? Why there?
industrial location
Weber's least cost theory
transportation
containerization
break-of-bulk points
truck, train, ship, air, pipeline
time-space compression
labour
aggolomeration
Development is a process that varies across space and time.
international trade
specialization
complementarity
comparative advantage
foreign direct investment
more trading and trade blocs
NAFTA; EU
trade imbalances
transnational corporations
global economic interdependence
shift in manufacturing to NICs
imbalances in consumption patterns
global financial crises
oil crisis
the role of women in the workforce
economic restructuring
international division of labour
outsourcing
manufacturing zones in new locations
flexible production systems
post-Fordism
government initiatives at all scales may help promote economic development
deindustrialization
growth poles
technopoles
high-tech corridors
job loss
Rust Belt
barriers to development?
Sustainable development is a strategy to address resource depletion and environmental degradation.
issues of human health and well-being
social and economic equity
impact of climate change
costs and effects of pollution
ecotourism as development strategy
Measures of development are used to understand patterns of social and economic differences at a variety of scales.
social and economic measures
literacy rates
GNI per capita
fertility rates
sectoral structure
infant mortality rate
income distribution - Gini coefficient
access to health care
Gini coefficient
measures of gender inequality
GII: reproductive health; labour market participation; indices of empowerment
women's role in economic development and gender equity in the workforce
Human Development Index
What explains spatial variations in levels of development?
Rostow's modernization model
Wallerstein's World Systems Theory
UN Millennium/Sustainable Development Goals
MDCs
LDCs
import substitution
foreign aid
maquiladoras
SEZs
EPZs
FTZs