Industrialization - the development of industries in a country or region on a wide scale., Industrial Revolution  - the transition from creating goods by hand to using machines. Its start and end are widely debated by scholars, but the period generally spanned from about 1760 to 1840., Investors - a person or organization that puts money into financial plans, property, etc. with the expectation of achieving a profit., Economic Sectors - an area of the economy in which businesses share the same or related business activity, product, or service., Primary - all those activities the end purpose of which consists in exploiting natural resources: agriculture, fishing, forestry, mining, deposits., Secondary - covers all those activities consisting in varying degrees of processing of raw materials (manufacturing, construction industries)., Tertiary - covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work., Quaternary - based on human knowledge which involves technology, information, financial planning, research, and development., Quinary - high-level decisions are made by top-level executives in government, industry, education, etc., Shipping Containers - a container with strength suitable to withstand shipment, storage, and handling., Break of Bulk Point - a station or point at which all or portions of a truckload, boatload, or carload are unloaded and distributed., Least Cost Theory - the location of a processing plant will in an area that ensures. the lowest cost of moving raw materials to the processing plant and moving the finished., Core - the industrialized capitalist or imperialist countries, Semi-Periphery - the industrializing, mostly capitalist countries which are positioned between the periphery and the core , Periphery  - are those that are less developed than the semi-periphery and core countries, Gross Domestic Product (GDP) - the total value of goods produced and services provided in a country during one year., Gross National Product (GNP) - the total value of goods produced and services provided by a country during one year, equal to the gross domestic product plus the net income from foreign investments., Gross National Income (GNI) - the total amount of money earned by a nation's people and businesses., Fossil Fuels - a natural fuel such as coal or gas, formed in the geological past from the remains of living organisms., Renewable Energy  - energy from a source that is not depleted when used, such as wind or solar power., Gender Inequality Index (GNI)  - a composite metric of gender inequality using three dimensions: reproductive health, empowerment and the labour market., Human Development Index (HDI)  - a summary measure of average achievement in key dimensions of human development:, Microloans - a small sum of money lent at low interest to a new business., Wages  - a fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker., Rostows Stages of Economic Development - Five Stages of Economic Growth and Development, Wallerstein's World Systems Theory  - an approach to world history and social change that suggests there is a world economic system in which some countries benefit while others are exploited., Dependency Theory - the core countries depend on the periphery for labor and raw materials while the periphery depend on the core for goods., Commodity Dependency  - When peripheral economies rely too heavily on the export of raw materials, which places them on unequal terms of exchange with more-developed countries that export higher-value goods, Free Trade Agreements - an agreement between two or more countries where the countries agree on certain obligations that affect trade in goods, International Monetary Fund (IMF) - works to achieve sustainable growth and prosperity for all of its 190 member countries.,

AP HuG Unit 6 Intro

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