Cpt7_Rev_Stud

Cpt7_Rev_Stud - Chapter 7 The Geography of Economic...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 7 The Geography of Economic Development Chapter Objectives - Examine the unevenness of economic development in various parts of the world - Investigate the economic structure of countries and regions, and explore the various stages of economic development - Survey principles of commercial and industrial location and how they affect economic interdependence - Examine core-periphery patterns and how they are created Chapter Outline - Patterns of Economic Development (p. 252) - Pathways to Development (p. 273) - Globalization and Economic Development (p. 280) Case Studies (p. 261-263) - Newly Industrialized Countries: Singapore (video/20 min.) 1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Patterns of Economic Development Economic development is often discussed in terms of levels and rates of change in prosperity -- productivity , incomes , purchasing power , and consumption . Other factors : - the nature and composition of the economy - the basic conditions of life Processes of change in a region’s economy : changes in the structure changes in forms of economic organization changes in the availability and use of technology Geographically, economic development is uneven (different regions have different levels of economic development ) - the core : North America, Europe, and Japan (the developed regions, formerly the First World ) - the semiperiphery (the developing regions, the Second World / the former communist countries) - the periphery (the developing or less-developed regions, formerly the Third World ) Levels of economic development are measured by economic indicators such as: Gross Domestic Product (GDP) Gross National Product (GNP) Purchasing Power Parity ( PPP ) 2
Background image of page 2
o Recently it has become possible to comare national currencies based on purchasing power parity (PPP): the number of units of a country’s currency required to buy the same amounts of goods and services in the domestic market as one dollar would buy in the U.S. Note : see the textbook’s website : - the Bureau of Economic Analysis - the World Bank’s World Tables Dataset Guide (economic data for all countries) The unevenness of economic development is also reflected in gender equality (e.g.: in the salaried labor force! ) The UN gender-sensitive index: in no country countries are women
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 9

Cpt7_Rev_Stud - Chapter 7 The Geography of Economic...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online