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ECONOMIC GEOGRAPHY - Coggle Diagram
ECONOMIC GEOGRAPHY
Definition
Economic
study of how societies distribute 有限资源
Economic Geography
studies of the loacations, spatial organizations & forms of activities 关于分配有限资源
Importance of International Economic Alliances
Able to increase the investments
Economic alliances often create a more predictable and secure environment for investors by harmonizing regulations and ensuring legal protections across member countries.
Alliances might also offer incentives for investment in specific sectors or regions, further boosting investment levels
Enlarge market size
By removing tariffs, quotas, and other trade barriers, international economic alliances allow goods and services to flow more freely among the member states.
This integration effectively creates a larger market, giving businesses access to more consumers and companies.
Increase trading between countries
Alliances typically streamline trade activities through simplified customs procedures and reduced bureaucracy, making it easier and cheaper for countries to 交换商品和服务
Stabilize goods prices
Economic alliances can lead to price stabilization by increasing market competition and supply chain efficiency
eg, price fluctuations in one country can be mitigated by the availability of the same goods from another member country, cushioning local shocks in supply or demand.
Examples of Economic Alliances between
Malaysia and Other Countries
Association of Southeast Asian Nations (ASEAN)
Asia-Pacific Economic Cooperation (APEC)
Indonesia–Malaysia–Thailand Growth Triangle (IMT-GT)
World Trade Organization (WTO)
ASEAN Free Trade Area (AFTA)
Commonwealth
Organisation of Islamic Cooperation (OIC)
East Asia Economic Caucus (EAEC)
Levels of Economic Development
Standards of living and indicators of economic development are used to assess how wealthy a country is.
Factors Contribute to Variation of Economic Development
Access to自然资源
如果一个国家资源不多,那么发展经济就更困难
Access to capital resources
没有钱, modern infrastructures, or industries 会很难发展经济
Numbers and skills of 人力资源
国家需要skilled workers and unskilled workers来发展经济
Indicators of Economic Development
Urban/Rural ratio
no. of ppl live in cities vs countryside
Educational Achievement
no. of skilled workers
Gross Domestic Product (GDP)
the monetary value of all finished 商品和服务 made within a country during a specific period
Gross National Product (GNP)
estimate of total value of all the final 商品和服务 turned out in a given period by the means of production owned by a country's residents
Per capita Income
the average amount of money earned by each person
Labor force characteristics
How much of the economy is devoted to primary, secondary, or tertiary economic activity.
Characteristics of Developed countries
Higher per capita income
With a significant portion of the economy focused on high-value tertiary activities, which generally offer higher wages than primary and secondary sectors
advanced 科技and higher 生产率 in these countries contribute to higher incomes
Higher urban/ rural ratio
industrialization and subsequent economic development that 创造更多工作机会
Economy based on tertiary economic activity
predominantly based on services (tertiary sector) rather than agriculture (primary) or manufacturing (secondary).
Higher GNP (Gross National Product)
due to higher overall economic output, which 包括income from nationals working abroad and income generated from foreign investments
Higher GDP per capita
GDP per capita is a measure of a country's economic output divided by its population.
with their 高生产率, technological advancement, and service-based economies, generally produce more goods and services per person, 造成更高GDP per capita.
Higher levels of education
注重and invest heavily in 教育across all levels, from primary to tertiary, recognizing the role of education in promoting personal and economic development.
高教育也支持the service-based industries predominant in these economies, which often require advanced 技能和知识.
Indicators of Standards of Living & Quality of Life
Population growth rate
increase in no.of individuals in population
Population age distribution
有些国家有多young pp有些有多older ppl
Literacy rate识字能力
no of ppl who can 读&写
Life expectancy 预期寿命
how long the average person lives
Infant Mortality rate婴儿死亡率
no. of babies that die at birth or within 第一年of life
Percentage of urban population
no of ppl living in cities
Characteristics of Developed countries
Low population growth rates
due to lower birth rates and stable or declining mortality rates.
Factors such as access to education, employment opportunities, especially for women, and widespread use of contraceptives contribute to fewer children per family.
Higher % of 老人
advanced healthcare systems and social safety nets that increase life expectancy.
Coupled with lower birth rates, 造成a greater proportion of the population being elderly.
High literacy rates
Developed countries usually invest heavily in education at all levels.
Universal access to primary and secondary education, along with higher education and vocational training opportunities, results in high literacy rates.
Education is often seen as critical to personal and national success, leading to significant public and private investment.
Long life expectancies
With comprehensive healthcare services, 包括preventative care, vaccinations, and advanced medical treatments, 更高standards of living, such as nutrition and housing
Low infant mortality rates
婴儿死亡率within their first year of life低因为advanced medical technologies, effective prenatal and postnatal care, educated populations about infant care, and general socioeconomic conditions that reduce the risk factors associated with infant deaths.
High % of population living in urban areas
Industrialization tends to draw populations into urban areas for employment opportunities, leading to urbanization.
services that provide more jobs and better quality of life than rural areas also expand.
Urban concentration 支持diverse lifestyles and tends to offer greater accessibility to 服务, 包括教育医疗娱乐, 吸引更多人住在城市
Economic System
Traditional
Traditions, customs, belief帮助shape the goods &服务the economy produces, as well as the rules & manner of their 分配
Barter & Trade
好处
每个人都了解自己的角色和贡献
More sustainable than a technology-based economy
Little or no friction between 成员
坏处
Exposed to changes in nature and weather patterns
Vulnerable to market or command economies that use up their natural resources
Subsistence
non-monetary economy which relies on 天然资源提供basic needs, 通过打猎, 采集, & subsistence农业
Economic surplus is minimal and only used to trade for 基本商品, and there is no industrialization
商品和服务created for the producers or their families
Little exchange of goods
Production based on need and use
好处
Society are often born into their roles in the community
Economic decisions are often made by 整个社区 or by one particular family or tribal leader
Less environmentally destructive than industrial markets
坏处
Exposed to changes in nature and weather patterns.
Exposed to changes in nature and weather patterns.
Scarcity of 人类资源
Planned/Communism
经济determined by政府(command)
商品和服务distributed and regulated through government-controlled agencies
Supply and price regulated by the State
Production determined by need based on perceptions of State regulators
政府owns all means of production (工厂农场)
好处
可以quickly mobilize economic resources on a large scale
execute massive projects, and create industrial power;
坏处
Elimination of the free market. The laws of supply and demand don't set prices—政府does.
Create 黑市 to trade the things the planners没有提供
Market (Commercial)/Free enterprise
经济determined by 消费者 competition (自由市场or capitalism资本主义)
商品和服务distributed through market exchange
Value of 商品based on their exchange rates through competitive supply and demand
Consumption is external to the producers
好处
消费者pay the highest price they want to, and 企业只生产profitable商品和服务. There is a lot of incentive for entrepreneurship.
资源的竞争leads to the most efficient use of the factors of production since businesses are very competitive.
企业invest heavily in r&d. There is an incentive for constant innovation as companies compete to 提供消费者更好的商品
坏处
因为fiercely competitive nature of 自由市场, 企业不care elderly or disabled. This lack of focus on societal benefit leads to higher income inequality.
Since the market is driven solely by self-interest, economic needs to have a priority over social and human needs like providing healthcare for the poor. 消费者can also be exploited by monopolies.
Mixed
大多数国家有a mix of command and market economies.
有时候称为socialism (in btwn free enterprise and communism)
example
a) USA – agricultural subsidies, markets for goods, mixed de-/regulation of utilities
b) Bolivia – subsistence agriculture, markets for consumer goods, State-owned mineral resources
好处
less 政府intervention than a command economy. This results in 私人企业 that can run more efficiently and cut costs down than a 政府entity might.
政府可以intervene to correct market failures. Eg, most 政府will come in and break up 大公司 if they abuse monopoly power
政府会create safety net programs like healthcare or social security.
政府会用taxation policies to redistribute 收入and 减少inequality.
坏处
There are criticisms from both sides arguing that 有时候太多government intervention, 有时候不够
State-run industries are often subsidized by the 政府and run into large debts 因为 they are uncompetitive.
Economic Decision
Cultural considerations
Levels of technological development
Political decisions
Types of Economic Systems
Categories of Activity
Types of Economic Activities
Quinary
consisting high-level decision making for large corporations or high-level scientific research
Example
i. Executive decision makers
ii. Government
Tertiary
Providing business or personal services
Depend on primary and secondary economic activities
Post-industrial/ service economies primarily high-end secondary and above economic activities
eg, Retail and Wholesale Trade
Personal and Professional Services - 医疗, 教育, legal services, journalism, 艺术, 旅游
Primary
Taking raw materials directly from天然资源
Agriculture
Subsistence
Nomadic herding游牧: 生产食物给家庭& to fulfill the needs of clothing, shelter and recreation. It is the simplest form of pastoralism
Shifting cultivation轮耕 (farming cycles, crop rotation, slash & burn clearing, migratory)
Extensive agriculture: 农业生产系统 that uses small inputs of 人力, 肥料, and capital, relative to the land area being farmed.
Intensive agriculture: agricultural intensification and mechanization system that aims to maximize yields from available land through various means, such as heavy use of pesticides and chemical fertilizers.
Urban agriculture: the practice of cultivating, processing, and distributing food in or around urban areas.
好处: lower impact (有时), smaller quantities, polyculture/ biodiversity, sustainable, labor-intensive, small
surplus
Commercial
大规模生产供销售的crops, intended for widespread distribution to wholesalers or retail outlets.
also extends to limited distribution (local produce stands) and any nonfood crops such as cotton and tobacco.
贡献substantially to the gross domestic product of a country.
Receive substantial government support aimed at increased domestic production and 出口
Dependent on markets for seeds, fertilizers, tools, irrigation, etc.
好处: efficient for large populations, less labor with higher yields
坏处: monoculture, overproduction, resource intensive, cropland for meat less efficient, cruelty, overconsumption of meat, pollution and environmental degradation, energy intensive
Trade in Primary Goods
Traditional export patterns
Raw materials extracted from less-developed countries
Manufactured goods exported to more-developed countries
Changing export patterns
Raw material exports decreased
Manufacturing primarily where labor is inexpensive and lack in environmental controls
Shifts in the 生产from locally-used goods to exportable goods
Green Revolution: increased of crop production due to technological improvements
Fluctuations in commodity prices; flexibility in where things can be produced
Largest point of disagreement btwn wealthier and poorer 国家; Produce trade inequalities
Secondary
Changing the form of the raw materials.
目的: production for use and need vs. profits
原材料成本and means of 生产are less flexible, depend on availability
Cost of labor based on
✔wages based on sustaining labor
✔Productivity
Production locations are flexible 因为 decreasing 交通and 沟通costs; labor costs
Quaternary
提供资讯, 管理and research services by highly-trained persons
Administration and management of economic enterprises
Example
Data processing
Information storage
Research and development (R&D)
Higher education
Factors that Affect Economic Activity
Location and ability to exchange goods
Countries that are landlocked will have a difficult time transporting goods. Landlocked means a country does not have an outlet to an ocean
Countries that are islands or on the coast will have an easier time exchanging goods.
Proximity to shipping lanes.
Access to communication networks
Membership to political and economic alliances that provide access to markets