Global networks key terms

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Cluster
A geographically concentrated group of connected industries and institutions such as businesses , suppliers etc
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cumulative causatation
a model which explains why wealth becomes concentrated in certain places
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export processing zone
a small industrial area often near to ports or airports which have favourable conditions to attract TNCs. These conditions may include low tax rates and exemption from tariffs and import duties
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Global hubs
a settlement or wider region that provides a focal point for activities that have a global influence. All megacities and worldcities are global hubs with smaller settlements such as Cambridge whose university and science park is a world leader
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human resources
the abilities and potential of the human population in terms of their education, language skills and their abilities to innovate and invent making humans the 'ultimate resource'
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multiplier effect
the positive spin off events which follow an initial investment for example a branch plant of a TNC in a region. Other firms gain business by supplying parts ,the increased spending power of workers stimulates the service sector & higher tax revenues
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natural resources
materials found in the environment taht humans have the ability and desire to use. These can change over time as technology develops.
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technopole
a cluster of technologically inovative businesses and research facilities for example silicon valley in Calafornia and silicon glen in edinburgh
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trickle down
the positive impacts on peripheral regions and poorer citizens of the creation of wealth in core regions and among richer people. these impacts include the roll out of nation services such as education ,healthcare and motorway sand of regional aid
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Other cards in this set

Card 2

Front

a model which explains why wealth becomes concentrated in certain places

Back

cumulative causatation

Card 3

Front

a small industrial area often near to ports or airports which have favourable conditions to attract TNCs. These conditions may include low tax rates and exemption from tariffs and import duties

Back

Preview of the back of card 3

Card 4

Front

a settlement or wider region that provides a focal point for activities that have a global influence. All megacities and worldcities are global hubs with smaller settlements such as Cambridge whose university and science park is a world leader

Back

Preview of the back of card 4

Card 5

Front

the abilities and potential of the human population in terms of their education, language skills and their abilities to innovate and invent making humans the 'ultimate resource'

Back

Preview of the back of card 5
View more cards

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