Economic Geography
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Economic Geography

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Economic Geography Presentation Transcript

  • 1. 3 rd Unit: Economic Geography 1. Economic Activities. The capitalist economy
    • Economy or Economc Acivity
    • Economic System
    • Capitalist Economy
    • Law of Supply and Demand
  • 2. Economy: Definition Economy Economic Activity
  • 3. Economy: Definition
  • 4. It i s the way in which people use their environment to meet their material needs. It includes production , exchange , distribution , and consumption of goods and services . Economy: Definition
  • 5. Different phases of the economic activity : Economy: Definition
  • 6. People have unlimmited needs that must be satified. Basic Needs: food, shelter and clothing Other: sanitation, education and healthcare.
  • 7. NOWADAYS, THE WORLD ECONOMY FACES TWO BIG PROBLEMS … PROBLEM UNLIMITED NEEDS LIMITED RESOURCES VS
  • 8. … to garantee the basic needs of EVERYBODY…
  • 9. … at the same time, to avoid finnishing our planet’s limited resources.
  • 10. Economic System
  • 11. Economic System Paleolithic economic system
  • 12. Economic System Which is our economic system? CAPITALISM
  • 13. Capitalist economy
  • 14. Supply and demand is an economic model based on price, utility and quantity in a market. It concludes that in a competitive market, price will function to equalize the quantity demanded by consumers, and the quantity supplied by producers, resulting in an economic equilibrium of price and quantity. Law of the supply and demand
  • 15. FREE MARKET (Products price) Offer products Demand products Law of the supply and demand SUPPLY (sellers) DEMAND (buyers) LOW HIGH LOTS LOTS FEW FEW
  • 16. Law of the supply and demand
  • 17. Law of the supply and demand
  • 18. Law of the supply and demand: EXCEPTIONS
  • 19. 2. Economic Agents
    • Definition and types
    • Private agents: Families
    • Private agents: Companies
    • Public agents: State
  • 20. Economic Agents Economic Agents
  • 21. Economic Agents
  • 22. Economic Agents: Families
  • 23. Economic Agents: Families
  • 24. Economic Agents: Families
  • 25. Private Agents: Families
  • 26. Private Agents: Families
  • 27. Produce goods and services Companies Aim: Maximun Profit Economic Agents: Companies
  • 28. Companies: Types
      • Individual
      • Society
  • 29. Companies: types
  • 30. Companies: types
  • 31. Companies: types
  • 32. Companies: types
  • 33. PUBLIC AGENTS: STATE
  • 34.
    • Definition
    • Natural Resources
    • Work
    • Non Natural Resources
    • Tecnology
    3. Factors of Production
  • 35. What do we need to build this? Factors of Production
  • 36. Factors of Production : Definition Factors of Production is an economic phrase describing resources (inputs) which are used to produce goods or services.
  • 37. Factors of Production : Types
  • 38. Factors of Production : land   Land represents what natural resources are used in the production of goods
  • 39. Factors of Production : land
  • 40. Factors of Production: labor Labor refers to the work of laborers on all levels of the business, other than the entrepreneur
  • 41. Factors of Production: labor
  • 42. Capital is defined as the machinery, tools, and non-consumed items which are used in the production of the goods Factors of Production: capital
  • 43. Factors of Production: capital
  • 44.  
  • 45. FACTORS OF PRODUCTION: ENTREPRENEURSHIP The entrepreneur is the one who makes use of the idea in an attempt to profit by combining all of the aspects of the factors of production. The entrepreneur combines "land, labor, and capital" with a particular idea or skill of his in order to run his business and offer its particular goods or services.
  • 46. 4. LABOR MARKET
    • DEFINITION
    • TYPES
    • MAIN CHARACTERISTICS OF OUR LABOR MARKET
  • 47. LABOR MARKET: DEFINITION Market: A market is any one of a variety of different systems, institutions, procedures, social relations and infrastructures whereby persons trade, and goods and services are exchanged, forming part of the economy.
  • 48. Relation between the company and the worker is set by an employment contract .
  • 49. TIPOS DE MERCADOS LABORALES Depending on the Salary
  • 50.  
  • 51. MAIN CHARACTERISTICS OF OUR LABOR MARKET
  • 52. Service Economy
  • 53.  
  • 54.  
  • 55.  
  • 56.