Geog_101_Oct_28

Geog_101_Oct_28 - Livelihood & Economy Primary...

Info iconThis preview shows pages 1–9. Sign up to view the full content.

View Full Document Right Arrow Icon
Livelihood & Economy Primary activities Cotton bales, Ivory Coast
Background image of page 1

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

View Full DocumentRight Arrow Icon
Economic Geography “How people earn a living in different areas” “how livelihoods systems vary from place to place” ‘how economic activities are spatially interrelated …seeks “spatial generalizations” How livelihood systems vary spatially Spatial interrelationships of economic activity
Background image of page 2
Categories of Economic Activity
Background image of page 3

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

View Full DocumentRight Arrow Icon
Types of Economic Systems: Subsistence Subsistence: All goods & services used by producer (farmer/fisher) Little trade or ‘value added’ Basic agriculture (rainfed, nomadic) Low level tools/technologies Poverty Isolation from world markets (usual) Lack of transportation networks Extreme risk, few options
Background image of page 4
Uganda: subsistence farms
Background image of page 5

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

View Full DocumentRight Arrow Icon
Types of Economic Systems: Commercial/Free Market Dominant worldwide Government withdraws from planning economy Retains some controls: Public services: Power, water, hospital/emergency, etc. Free Market Regulated Free Market
Background image of page 6
Types of Economic Systems: Planned Planned: Central gov’t decides… Quantities Location of production Domestic vs. export products Small-scale producers: Sell goods to state-run agencies Agencies set price Most now dismantled or “free marketized”
Background image of page 7

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

View Full DocumentRight Arrow Icon
Vietnam’s ‘Planned’ Economy World's third largest planned economy (after China and Russia) 1955-1975: North Vietnam Centralised planning (Communism) State owned all industry & land, made all economic decisions 1975-1986: Reunification of N. & S. Vietnam
Background image of page 8
Image of page 9
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 40

Geog_101_Oct_28 - Livelihood & Economy Primary...

This preview shows document pages 1 - 9. Sign up to view the full document.

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