IAD - Industry and Development Review Lesson

Industry and Development Review Lesson

Review the lesson material below. Use the following study guide, along with your key terms list, to prepare for the module test.


You can download a copy of this study guide by selecting HERE. Links to an external site.

  • MDC vs LDC
  • what is development?
  • What is industrialization?
  • Economic Sectors - what is the role of each / where can they be found
  • Wallerstein's World-systems analysis (Capitalist Economy Model"
    • core nations (and cities)
    • semi-periphery nations
    • periphery nations
  • HDI vs Gil (an GDI)
    • indicators of each
    • relationships of indicators
  • United Nations Millennium Development Goals
  • Development around the world
  • Newly industrialized countries
    • Structuralist theories
      • Dependency theory
    • Liberal theories
      • Self-sufficiency
      • International trade
        • Rostow's Modernization Model
  • World Bank/International Monetary Fund
    • Locations for loans
    • Infrastructure
  • World Trade Organization
  • Multinational corporations
  • Foreign direct investment
  • Special Economic Zones
  • Structural adjustments
  • Outsourcing vs. offshoring
  • Fair trade vs Free trade
  • Sustainable development
  • Industrial Revolution
  • Infrastructure
  • Transportation
  • Fordism vs. Post-Fordism
    • Assembly line
  • Weber's least cost theory
    • Assumptions
    • Transportation
    • Weight-loss (bulk loss)
    • Weight-gain (bulk gain)
  • Hotelling's Locational Interdependence
    • Competition
  • Losch's Profit maximization
  • Zone of Profitability
    • Manufacturing regions in the US
      • locations and products/services
      • deindustrialization
  • Primary and secondary industrial regions
    • Migration from Rust Belt to South
  • New international division of labor
  • Multinational corporations (foreign direct investment)
  • NAFTA & EU
  • What is the Pacific Rim Region
    • Major nations involved / products
  • Four Asian Tigers
    • nations / products
  • Maquiladoras
  • Fossil fuels
  • Greenhouse Effect and Global Warming
  • Sustainable Industry and renewable resources
    • Role of Ecotourism

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