Dive into the intricate dynamics of globalization and its impact on urban landscapes in 'Globalization and World Cities'. Explore concepts like time-space compression, high-technology corridors, and the diffusion of innovation. Understand the rise and fall of cities in the global economy, and the r...
Circle the letter of the Answer that corresponds to the displayed Question.
1. Global production networks
A: Connection point in a network, where goods and ideas flow in, out, and through the network
B: Tapping into companies that specialize in production around the world to manufacture goods
C Pattern of flows from raw material to global product to disposal or reuse of products that shows all the
D: Increasing connectedness between world cities from improved communication and transportation
2. Rust Belt
A A region in the northeastern United States that once had an extensive manufacturing industry but has
B: Savings in cost of production that comes from increasing production of a good
C: The ability of corporations to employ labor from around the world, made possible by the compression
D: Increasing connectedness between world cities from improved communication and transportation
3. Least Cost Theory
A: An area of economic production that is located inland and is connected to the world by a port
B: Cost advantages created when similar businesses cluster in the same location. For example, car
cluster in a city or region to tap into a skilled labor force and access infrastructure, services, and
C: Processes heightening interactions, increasing interdependence, and deepening relations across country
D Determining the location of manufacturing based on minimizing three critical expenses: labor,
4. Time-space compression
A Increasing connectedness between world cities from improved communication and transportation
B: The merging of businesses that serve different steps in one commodity chain
C: Hiring employees outside the home country of a company in order to reduce the cost of labor inputs for
D: The movement of production from one site to another based on the place-based cost advantages of the
5. Capitalism
A: Savings in cost of production that comes from increasing production of a good
B: Steps in the production of a good from its design and raw materials to its production, marketing, and
C Economic system where people, corporations, and states produce goods and services and trade them on
D: Area to which an innovation diffuses and from which the innovation diffuses more broadly
6. Cottage industries
A: Cost advantages created when similar businesses cluster in the same location. For example, car
cluster in a city or region to tap into a skilled labor force and access infrastructure, services, and
B: The merging of businesses that serve different steps in one commodity chain
C: Processes heightening interactions, increasing interdependence, and deepening relations across country
D Production of goods in a home or small workshop, typically by hand or with low technology
Geography - 2024/25 2024/2025 Edition
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