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Level 1

Economic Geography


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Primary Production
includes agriculture, mining, energy, forestry, and fisheries
Primary Production
deal with the extraction of natural resources from the earth
Secondary Production
includes manufacture; the processing of raw materials.
Tertiary Production
includes the transportation, wholesaling, and retailing of finished goods to customers.
Tertiary Production
Includes Quaternary and Quinary Productions
Quaternary Production
the "business sciences"; wholesaling, finance, banking, insurance, real estate, advertising, and marketing
Quinary Production
the "consumer services"; retailing, tourism, entertainment, communications, government, health, educations, uitlities
Agriculture
The least valuable of all major product type categories
Subsistence Farming
Most common in LDCs
Commercial Farming
More common in MDCs
Commodity Chain
explains the links between producers and consumers in the production and distribution of a commodity
Mining / Energy Extraction
is valuable depending on the global commodity prices
Venezuela, Saudi Arabia
lost money when oil became very valuable in 2008 but crashed by the summer's end
Resource-dependent countries
countries that depend on the prices of their resources
Zambia
a resource-dependent country economically devastated in the 1990's when the US Mint switched to zinc cores for their pennies, causing a global crash in copper prices
Fisheries and Timber Markets
not so volatile, have increased in price and value over the years due to decreased supply
Nonrenewable Products
products that are not reproduced from the earth once extracted
renewable products
products that the earth reproduces when extracted
alternative energy
very expensive to harness and are not common (such as wind, solar, nuclear, tidal, and geothermal)
France, Spain
rely on alternative energy (nuclear and wind, respectively)
sustainable use
our ability to continuously rely on a resource depends on this
durable goods
intended for use of more than one year; have more value and are considered are more lucrative form of production
nondurable goods
intended for use of less than one year; have less value
resource processing
oil refineries, metals, plastics, chemicals, lumber, paper, food and beverage, concrete and cement, glass
textiles
clothing, shoes and leather products, artificial fibers and thread
furniture
home, office, bedding
appliances
home appliances, commercial equipment, power tools, lighting
transport
automotive, rail, aerospace, shipbuilding, recreational vehicles
health
pharmaceuticals, medical devices, personal care products
technology
home computers, business computing and servers, industrial control devices, phones, televisions, audio entertainment
low benefit services
labor force tends to be hourly employees; few if any additional benefits
low benefit services
include hotel and food services, retail, customer services, contract agricultural labor, construction
high benefit services
pay tends to be salaried and includes benefits like health, dental, vision, vacations, sick days, and retirement reimburements
deindustrialization
occured in the 1970's and 1980's in Anglo-America and Western Europe
deindustrialization
millions of factory workers lost jobs; many old industrial cities suffered economic downturns; workforce had to adjust to new jobs that paid less and weren't unionized (= therefore fewer benefits
first world countries
industrial and service-based economies; high level of productivity value per person; a high quality of life
first world country
United States (level of developement)
first world country
Canda (level of development)
first world country
Norway (level of development)
first world country
Switzerland (level of development)
first world country
Iceland (level of development)
first world country
Israel (level of development)
first world country
Australia (level of development)
first world country
New Zealand (level of development)
first world country
Japan (level of development)
first world country
South Korea (level of development)
first world country
Singapore (level of development)
first world country
Taiwan (level of development)
first world countries
Saudi Arabia, Kuwait, United Arab Emirates, Oman, Bahrain (level of development)
Borderline First World Countries
have productivity statistics that are higher than the third world countries but are not really at first world levels yet
borderline first world country
Chile (level of development)
Borderline First World Country
Argentina (level of development)
borderline first world country
South Africa (level of development)
borderline first world country
Trinidad and Seychelles (level of development)
Second World
Communist Countries that have centrally planned economies; occasionally used to designate former Communist states that are restructuring their economies to free market systems
Communist countries today
Cuba and North Korea
third world countries
countries with mainly agricultural and resource-based economies that have low levels of per-person productivity and a low quality of life
third world
Haiti (level of development)
third world
Niger (level of development)
third world
Malawi (level of development)
third world
Tanzania (level of development)
third world
Madagascar (level of development)
third world
Nepal (level of development)
third world
Kyrgyzstan (level of development)
third world
Tajikistan (level of development)
Fourth World Countries
countries that have experienced an economic crisis that has immobilized the national economy, such as a crashed of the country's banking system, devaluation of a country's currency, a failed governmen
fourth world
Sierra Leone (level of development)
fourth world
Liberia (level of development)
fourth world
Myanmar (level of development)
fifth world countries
third world states that lack a functioning economy and have no formal national goverment
fifth world
Somalia (level of development)
fifth world
Western Sahara (level of development)
first world and second world
mdc's (levels of developement)
third, fourth, fifth world
ldc (levels of development)
newly industrialized countries
third world states that have made a distinct shift away from agriculture and towards manufacturing and production
newly industrialized countries
constantly building infrastructure, which help construction and development of factories
infrastructure
roads, ports, power plants, water systems, railways
NICs
have rapid population growth and rapid rural-to-urban migration
NIC
Mexico (level of development)
NIC
Brazil (level of development)
NIC
Dominican Republic (level of development)
NIC
Nigeria (level of development)
NIC
Gabon (level of development)
NIC
Indonesia (level of development)
NIC
Vietnam (level of development)
NIC
China (level of development)
NIC
India (level of development)
NIC
Thailand (level of development)
NIC
Malaysia (level of development)
NIC
Philippines (level of development)