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Published byCecily Holland Modified over 9 years ago
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Economic Development APHG Economic Geography – studies the impact of economic activities on the landscape and investigates the reasons behind the location of economic activity
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Identify the kinds of economic activities.
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1. Primary Activities -concerned directly with natural resources of any kind, such as mining, ag. or forestry 2. Secondary activities -those that are process, transform, fabricate, or assemble raw materials, textile manufacture, steelmaking, auto assembly 3. Tertiary activities - involved with sales and exchange or goods and services, such as retail stores, accounting, and entertainment 4. Quaternary activities -dealing with handling and processing of knowledge and information, including data processing, education, and research and development
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Key concepts: -W.W. Rostow’s Theory -Alfred Weber’s model ( model for location of secondary industries) -Immanuel Wallerstein’s theory -Modernization model -Dependency Theory -James Watt’s steam engine (1700s) -Four Tigers Maquiladora -
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What are economic indicators and why are they used?
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Answer: Distinguish core countries from peripheral and semi-peripheral ones GDP (Gross Domestic Product) – within a country GNI (Gross National Product) – international -
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Rostow’s Model
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