GEOG222 Lecture Notes - Lecture 4: Anthropocentrism, Mercantilism, Resource Depletion

• School: University of Waterloo
• Department: Geography and Environmental Management
• Course: GEOG222
• Professor: Clare Mitchell

Document Summary

Components of economy - inter-connected activities that meet the needs/wants of consumers. Secondary = add value to manufactured products (could add very little value). Quaternary = collection, analysis, distribution of information. (newspapers, media). To equitably meet the basic needs of society (often eccentrically. We"re not here to respect envirment we are here to dominant. Development in new territory (new to europeans, place that has not yet been exploited by europeans) driven by external demand (driven by. To ensure a positive balance of trade: value of imports< value of exports. Linked activities will develop if profit is invested locally (mel watson) Backward links; providing input into original staple industry. Will foster diversification and potentially lead to export of manufactured goods. Aboriginal integration with capalistic economy may reduce desire to engage in subsistence activity. Resource over-exploitation/ contamination may reduce ability to engage in subsistence activity. Country becomes stuck in a staples trap : all economic activites are tied to one resource.