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Geography 5 2 Part 6

Geography 5 2 Part 6 - inelastic demand for commodity...

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GEOG 5 Fall 2011 People, Place, Environment Study Guide for Exam 2 changing structure of workforce in U.S.A.: labor shifts across sectors(primary/secondary jobs in the old days to tertiary present; reasons for shifts: technology/mechanization advances cause modern day jobs in the US to be mainly tertiary, makes manufacturing more efficient and replaces humans; mechanization: replacing certain jobs w/ robots; affect sectors 1-4 econ globalization: cost of transporting goods, communication went down wealth and edu: across society, decrease in primary, secondary labor, tourism public sector: growth of gov over last century, all levels of gov, huge employer retail sales; Hotelling's Locational Interdependence model of retail location: if things have elastic demand based on competition if 2 companies are providing same good they should be spread out; focuses on spatial variation, demand, and need to your competitor, competition for market area; elastic and inelastic demand elastic: demand for commodity to be gought-price to buy, how far it is(salt);
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Unformatted text preview: inelastic: demand for commodity doesn’t change(gasoline) foot-loose industries: mail order companies-pick locations for other costs, space-time compression; doesn’t have spatially variable costs, location doesn’t depend on some cost, demand logic; industry that can be located anywhere spectator entertainment: states try to attract tourist to their state thru various methods, advertisements techniques, Hollywood; tourism: any travel for entertainment or vacation purpose; ecotourism: tourism industry is oriented towards preservation of environment; legal gambling (gaming) in the U.S.: legal gambling grown tremendously in last 20 years. More $ in US is spent on gambling than video games, theme parks, movies, sports, etc combined early forms: charity bingo, lotteries, horse/dog racing legalized centers of gambling: Las Vegas, Atlantic City ; Indian Gaming Regulatory Act by U.S. Congress: national Indian gaming commission regulates all Indian casinos 1...
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