![]() ![]() Location where the mode of transportation changes it is more economical to break raw materials into smaller units before shipping them farther ports The tendency of enterprises in the same industry to cluster in the same areaĮconomic sector associated with removing or harvesting products from the earth agriculture, fishing, forestry, mining, extracting liquid or gasĮconomic sector associated with the production of goods from raw materials includes manufacturing, processing, and constructionĮconomic sector that includes a host of activities that involve the transport, storage, marketing, and selling of goods or services also called the service sectorĮconomic sector that is a subset of tertiary sector activities that require workers to process and handle information and environmental technologyĮconomic sector that is a subset of teh quaternary sector involves the very top leaders in government, science, universities, nonprofits, health care, culture, and media Increasing gap in economic conditions between core and peripheral regions as a result of the globalization of the economyĪny metals, wood or other plant products, animal products, or other substances that are used to make intermediate or finished goods The push to create an empire by exercising force or influence to control other nations or peoples Hierarchical organization by which a society or community is divided into classes generally based on family of birth, wealth, income, educational attainment, occupation, and social networks Positive effects from an economic growth pole the additional business for a farmer when a new tech company opens nearby Possible downsides of growth poles the loss of highly educated young people from distant communities Radical change in manufacturing methods that began in England in the mid-18th century and was marked by the shift from small-scale hand-crafted production to power-driven mass production Refers to the level fo wealth, comfrot, mateial goods, and necessities available to a certain socioeconomic class or geographic area The process in which the interaction of social and economic factors causes the development of industries on a wide scale Unit 07 Vocabulary Definitions for Topics 7.1-7.8 Term ![]()
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