AP HUMAN GEOGRAPHY CH. 27n 24o CLASS NOTES DEINDUSTRILIZATION AND THE RISE OF THE SERVICE SECTOR

20 th Century Industrialized CORE… Expansion of the Service Sector… –(Tertiary level) Remember…GLOBALIZATION??? World web of production, consumption, & exchange that makes up the economy

FORDIST – System of Org. Industrial Production / Labor

Challenge to Fordist By 1970s became difficult for USA Industry Core to maintain competitive advantage WHY??? –Rise in oil $ –Rise in labor activism / $ –(agglomeration > deglomeration) –Decline in transport $s –Decline in communication $s

World Cities – Centers of strategic control of the world’s economy New York, London, Tokyo = Investing Zurich = Banking

Econ. Readjustment Foreign Direct Investment – Investment of capital in a foreign country (periphery) -factory / infrastructure itself Example???

Map of Mexico's maquiladora plants

Footloose Industry – Company with no allegiance / ties to a location, thus can move its location Products lightweight & valuable

Post-Industrial Readjust Past Econ. Relations: Industrial core & exploited periphery New International Division of Labor – new relationships between C & P –Complex global economy –New regions are industrial players (4 Tigers) –CORE = less Secondary, more Tertiary –MULTINATIONAL CORPS.

Technopole & High-Technology Corridor

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Time–Space Convergence – Greatly accelerated movement of goods, info., & ideas as a result of technology Time–Space Compression – relates to the social & psychological effects of living in a world of high T-S C