Human Geography Jerome D. Fellmann Arthur Getis Judith Getis Jon C. Malinowski

Human Geography Chapter 9 Livelihood And Economy: From Blue Collar to Gold Collar

Components of the Space Economy Concepts and Controls Market Equilibrium

Secondary Activities: Manufacturing Locational Decisions in Manufacturing –Principles n Location –Raw Materials –Power Supply –Labor –Market –Transportation

Secondary Activities: Manufacturing (cont.) Transportation and Location Industrial Location Theories –Least-Cost Theory –Locational Interdependence Theory –Profit-Maximization Approaches Source: Western History/Genealogy Department, Denver Public Library

Least-Cost Theory Alfred Weber ( ) Assumptions: –Isotropic Plain –Single Product to a Single Market –Raw Materials from Two or More Sources –Labor Infinitely Available but Immobile –Transportation Routes are not Fixed but connect places by a straight line

Locational Interdependence Theory Variable Revenue Analysis Competitive Locations in a Linear Market

Profit Maximization Approaches Spatial Margin of Profitability Satisficing Locations

Secondary Activities: Manufacturing (cont.) Other Locational Considerations and Controls –Agglomeration Economies –Just-in-Time and Flexible Production –Comparative Advantage –Imposed Considerations Transnational Corporations

World Manufacturing Patterns and Trends Anglo America Western and Central Europe Eastern Europe Eastern Asia

High-Tech Patterns Impacts of High-Tech Industries Agglomerating Forces Contributors to Production

Tertiary and Beyond Tertiary Services Beyond Tertiary –Quaternary –Quinary

Services in World Trade Impact in International Trade Flows Impact in Economic Interdependence Foreign Direct Investment (FDI)