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Economic Geography.

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Presentation on theme: "Economic Geography."— Presentation transcript:

1 Economic Geography

2 Economic Activities Primary: Secondary:
Uses natural resources directly Usually located at the site of natural resources Secondary: Manufacturing Usually located close to the resource or close to market

3 Economic Activities Tertiary: Quaternary: Services
Located near the customer Quaternary: Process and distribute information Located anywhere

4 Economic Systems Subsistence Economy: Also called Traditional economy
Good made for personal use, little surplus, or exchange of goods Usually found in rural or poor areas

5 Economic Systems Market Economy: Specialization of production
free enterprise – competition in market drives price and production capitalism – businesses, industries, resources privately owned Located in the United States and Western Nations

6 Economic Systems Command Economy:
Govt. determines production and price Communist system – Govt. controls means of production Located in Soviet Union 1917 – 1991; Today – Cuba, North Korea

7 Developed v. Developing Countries
Good infrastructure*, global market economies U.S., Canada, most of Europe, Japan, Australia, New Zealand Developing Poor infrastructure*, local market and subsistence economies Africa, some of Asia, some of Latin America

8 Political Geography National Boundaries Natural Boundaries
Mountains, rivers, etc. Cultural Boundaries Border based on cultural traits Ireland/Northern Ireland Geometric Boundaries Straight lines U.S./ Canada

9 Political Geography International Cooperation
Political and military cooperation United Nations (U.N.) North Atlantic Treaty Organization (NATO)

10 Political Geography Economic cooperation World Trade Organization
European Union North American Free Trade Agreement (NAFTA)


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