ENST 1020 Lecture Notes - Lecture 4: Silk Road, Economic Globalization, Distance Decay
30 Nov 2018
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Document Summary
The processes of change involving the nature and composition of the economy of a particular region, as well as to increases in the overall prosperity of a region. Understanding the interdependence of places and regions - both social and spatial. Economic structure - shift from agriculture to manufacturing. Forms of economic organization - shift from socialism to market-based capitalism, the increase of power of corporations. Availability and use of technology - automated manufacturing, information and communications technology. The connection between the cultural and economical world. The move from thin to thick changes relationships, because it means that the different relationships of interdependence intersect more deeply at more different points. Helps us understand economic and social differentiation among/ between regions. Places and regions are divided into three tiers core, semi-peripheral and peripheral (and a 4th being external). Described as a interdependent system of countries linked by economic and political competition. Often competition leads to uneven development. by economic and political competition.
