GEOG 1410 Lecture Notes - Lecture 12: Walmart, Watch, Economic Geography
4 May 2016
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Document Summary
Why do millions of people survive on less than 1$ each day. The geography of people"s struggle to make living(lee 1998) Geography is about location and economy (hanink 1997) The principles and processes associated with the spatial allocation of scarce resources and the special patterns and consequences resulting from such allocations(krumme 2003) 1 ) really about spatial interaction: how different places networks interact: about spatial differentiation: will thunder capitalism, why is spatial differentiation for uneven development exist on different scales, spatial dynamics: about change and how we accumulate wealth. The processes of change involves the economic system, what is the economic. Structure, what is the composition of labour, capital and technology. Developmentalism refers to the practice and ideology of economic growth and integration into the global capitalist economy as the only means of improving quality of life. Gross domestic product: estimate of total value of all goods and services produced by an economy in one year.
