Core: -wealthy -industrialized -MDC’s U.S., W. Europe, Japan Semi-periphery: -developing -newly industrializing (NIC) China, India, Mexico, Brazil, Russia Periphery: -poor -unindustrialized -LDC’s -the most exploited Core-Periphery Model
Types of Industrial Production Fordist Production: Fordist Production: assembly-line industrial production for mass consumption (post-WW I) “Post-Fordist” Flexible Production: “Post-Fordist” Flexible Production: “post-Fordist” multi- national producers can move production sites through outsourcing (post-WW II) -role of technology?
Textiles Production: Liverpool and Manchester Iron Production: Birmingham Coal Mining: Newcastle
Location Theories Locational Theories: Locational Theories: predicting where business locates 1. Weber’s Model 2. Hotelling’s Model
Weber’s Least-Cost Theory: transport costs (“optimum point of production”) labor costs
Hotelling’s Model (“locational interdependence”): location dependent on other businesses
agglomeration economies: clustering of firms technopole - Silicon Valley in California (“technopole”) - Bangalore, India (Bollywood) - maquiladoras on the Mexican border (over 3,000 factories) - Export Processing Zones (EPZs); Special Economic Zones (SEZ’s)
A. Describing development 1.world of rich & poor outdated names: 1 st, 2 nd, 3 rd, or 4th World today: Developed---Developing--- Underdeveloped or MDC---NIC---LDC geographic description: “North/South line”