GEOG 1F90 Lecture Notes - Lecture 4: Quinary, Economic Globalization, Natural Disaster
Document Summary
From the international economy to global economy : lifesavers case study. Linked by trade agreements: each country is trying to achieve economic growth. The global economy isn"t really global at this time: only a small number of major regions that have participated in this act of the. North america, western europe, south east asia and australia: economic activity in agriculture (fishing, agriculture) Low canada, america, south east asian, australia. High caribbean, southern asia, and central africa. North america, western europe, south east asia. Regions that are able to exploit peripheral regions but are themselves exploited and dominated by core regions: working there way up in economic development and advancement, in between peripheral and core. Still disadvantaged but could have some sort of manufacturing or service sector that has some control over the peripheral regions. 1960 richest 20% accounted for 70% of worlds income.