1. 4.6 GEOECONOMIC AREAS

2. 4.6 Geoeconomic areas Definition Developed areas: the Triad
Emerging countries
Developing/underdeveloped areas

3. Definition
Based on their degree of economic development we can distinguish three geoeconomic areas in the world: developed, emerging and developing areas.

4. Developed areas: the Triad
North America, Europe and Japan
Little significance of agrarian activities.
Highly advanced industry.
High level of consumption
These countries lead the global trade.

5. Emerging countries Two types:
Historically underdeveloped with rapid economic growth:
Production based industry  offshoring
Growing domestic consumption
Important exports of technology (also high-tech)
Others have grown thanks to abundant natural resources.
Social inequalities remain.
Historical economic powers or with important economic role in their region.

7. Developing/underdeveloped areas
Some countries in Latin America, Asia and specially sub-Saharan Africa.
Production based in traditional agrarian activities.
Industry and consumption are very limited.
Some of them have abundant natural resources exploited by multinational companies.