Do Now How do you think the climate and vegetation of SE Asia affect its economy and natural resources?

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Presentation transcript:

Do Now How do you think the climate and vegetation of SE Asia affect its economy and natural resources?

CH.31-1 Southeast Asia The Economy

Vocabulary Review Rice Paddy Sickle Lode Free port Interdependent Association of Southeast Asian Nations ADB

Economic Activities I. Agriculture a.Rice Cultivation, farmers use more than half of the regions arable land to grow rice, for food and export 1. It is difficult to grow, it does not use modern machinery b. Other crops grown, yams Cassava (edible root) corn, bananas and others.

Economic Activities C. Plantations in lowlands provide regions cash crops, (grown mainly for export/trade) rubber, sugarcane, coffee, palm oil coconuts and spices d. Fish Farming, important part of regions economy, Southeast Asians consume almost twice as much as worlds average, over fishing a concern.

I. Forestry a.Teak, ebony and Bamboo, in the form of Lumber and finished products are vital to the economies of Malaysia, Philippines, Indonesia & Thailand b.Logging has contributed to deforestation

Mining Mineral rich deposits can be found in Southeast Asia’s mountains Countries, are leaders in Tin and Iron Ore Malaysia & Indonesia are rich in petroleum & natural gas reserves In Brunei, crude oil, natural gas & petroleum products account for nearly all of the country’s export income Indonesia is the only Asian country in OPEC

Industry A. 1980s, industrializing countries enjoyed an economic boom because 1. abundant natural resources 2. cheap labor 3. foreign investment B. However in 1997 Southeast Asian Countries faced economic crisis because 1. Debt 2. corruption 3. Financial mismanagement C. Singapore has the regions most developed economy

Transportation & Communications Pg read Transportation & Communications Answer the following questions in your notebook Pg. 769 map study questions Pg 770 reading check question What are all of the communication services mentioned Who owns the radio and television networks in Southeast Asia

Trade & Interdependence Southeast Asian countries are becoming more interdependent resulting in 1.Regional development 2.Increased trade 3.Greater economic stability Read trade & interdependence pg Answer the following questions 1.What two organizations reflect increasing interdependence among the countries of Southeast Asia 2.What are the goals of these regional economic organizations? 3.What countries formed the ASEAN?