Geography 2143A/B Lecture Notes - Lecture 6: Scotiabank, Protectionism, Superpower
Document Summary
There are many ways to divide the world up. One way is income: income is a prime determinant of the viability and size of a market, as income rises, so does consumption of discretionary goods. If you want to sell an item you must know income and culture. 20th century with the most years lived and economic output: where the world had the greatest population. Eastern and southern asia had the largest total gdps. Central africa and south-eastern africa had the lowest gdp. Western europe experienced industrial revolution: increased efficiency and output. Middle eastern territories of qatar, kuwait, and united arab emirates ad the highest level of gdp. Northern africa and south-eastern africa had the lowest gdp. China producing 27% of the wealth in the world. The only drink before at mcdonalds are coke products and disney toys were the only one used. If firm has locations in more than two countries/places they are transnational.