GEOG-120 Lecture 15: Physical Geography - 15
24 Sep 2020
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Document Summary
Something useful that enters the market in the form of goods and services and is available for purchase to consumers. In consuming certain products, we are connected to the capitalist world economy to different places (and people) that are part of the production process. Commodity chains link the progression of a commodity from its design, the procurement of raw materials, production, export to point of sale, distribution for sale, marketing and advertising. Commodity chains are a way of understanding the connections between different worker, consumers, firms, and institutions and places involved in a commodity"s story. Tariffs, trade agreements, taxation structures, land ownership rules, environmental regulations. Limit the quantity of certain products being imported into a country. Places within a region or country where foreign investment, jobs, and infrastructure are concentrated: usual capital cities on the periphery, seat of government, jobs, universities, museums, convention centers. Mnc"s concentrate activities in a particular place (usually near resources).
