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Southeast Asia ECONOMICS & DEVELOPMENT. Economics & Development  Agriculture is the leading economic activity in Southeast Asia  Countries are industrializing.

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Presentation on theme: "Southeast Asia ECONOMICS & DEVELOPMENT. Economics & Development  Agriculture is the leading economic activity in Southeast Asia  Countries are industrializing."— Presentation transcript:

1 Southeast Asia ECONOMICS & DEVELOPMENT

2 Economics & Development  Agriculture is the leading economic activity in Southeast Asia  Countries are industrializing at different rates, which causes great variation in economies, occupations, transportation, and communications  Through ASEAN and other organizations that were formed to promote regional development and trade, the countries of SE Asia are becoming more interdependent.

3 Agriculture  Depend on fertile river valleys and plains as an economic source  Depend on the rich variety of crops grown in these areas to supply, not only their own food needs, but also for an income.

4 2/3 of ALL workers in Cambodia and Laos are farmers.

5 Rice Cultivation  Most important crop in SE Asia  SE Asian farmers use more than ½ of the region’s farmable land to grow this crop.  Not only a major food source, it’s a leading export product of Thailand, Cambodia, Vietnam, and Myanmar.

6 Great to grow in this region because….  Fertile Soil  Abundant water supply  Warm, wet climate  Rivers irrigate paddies  Paddies: Flooded fields in which rice is grown

7 Rice Paddies

8 Other Crops  Cassava  Yams  Corn  Bananas

9 Subsistence VS Cash Crops  Crop grown mainly to feed the farmer’s family.  Many families have small garden plots and pigs, or poultry.  Crops raised and sold for profit  Rubber is an important cash crop for Thailand, Indonesia, and Malaysia  Philippines: Largest producer of coconuts

10 Which is a cash or subsistence crop?

11 Forests  Includes jobs like logging, transporting logs, and manufacturing finished goods  Very important to the industry in Vietnam  Factories produce paper, furniture, plywood, and lumber.

12 Mines  Tin, Iron Ore, Manganese, and Tungsten  Malaysia is rich in petroleum and natural gas  Brunei: 95% of their export income comes from crude oil, natural gas, and petroleum products.

13 Brunei

14 Industry  Industry is growing rapidly in SE Asia  In many places, workers are moving from farms to work in factories (rural to urban)  Malaysia is one of SE Asia’s most rapidly developing countries and they have increased their economic activities, and thus their level in economic sectors and development.

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16 Industry  However, some countries are not experiencing the same boom….  Less Industrialized Countries and their characteristics…  Political Instability  Rapidly growing populations  Work force lacks training in technical skills  Depends heavily on foreign aid and investments  Inadequate infrastructure (roads, transportation, etc.)  War & political changes can make this process go even SLOWER!

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18 ASEAN  Recently, SE ASIA has become more interdependent (reliant on one another)  ASEAN  Association of Southeast Asian Nations  Formed to promote regional development, trade, and greater economic stability  Indonesia, Malaysia, the Philippines, Singapore, and Thailand formed ASEAN in 1967.  In 1992, they agreed to establish a free-trade area (sort of like NAFTA but for Southeast Asia!)

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