Ch. 4, sec 5

Economic geography Ch. 4, Sec. 5

[object Object],[object Object]

Types of Economic systems ,[object Object],[object Object],[object Object],[object Object]

Economics of Natural Resources ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Measuring Economic Development ,[object Object],[object Object],[object Object],[object Object]

Developed vs. Developing Countries ,[object Object],[object Object],[object Object]

Cottage Industry ,[object Object],[object Object],Commercial Industry

4 levels of Economic Activity Primary Activities Gathering of raw materials Example: drilling for oil Secondary Activities Adding value to materials Example: car manufacturing Tertiary Activities Business or professional services Example: teachers, doctors Quaternary Activities Information, management, and research services by highly-trained persons

Ch. 4, sec 5

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Ch. 4, sec 5