Economic geography Climatic Determinism or Environmental determinism is an aspect of economic geography. Also sometimes called the equatorial paradox. According to this theory, about 70% of the economic development of a country can be predicted from the distance between that country and the equator. In other words, the further from the equator the more developed a country tends to be. The paradox applies equally well both north and south of the equator. Australia, for example, has a higher level of economic development than Indonesia. The paradox also applies within countries - the northern U.S. states are more developed than the southern U.S. states. ...more on Wikipedia about "Climatic determinism"
Quantitative Indicators are numerical indications of development. ...more on Wikipedia about "Development geography"
Economic geography is the study of the widely varying economic conditions across the earth. The economics of a geographical area can be influenced by climate, geology, and socio-political factors. Geology can affect resource availability, cost of transportation, and land use decisions. Climate can influence natural resource availability (particularly agriculture and forestry products), and working conditions and productivity. The social and political institutions that are unique to a region also have an impact on economic decisions. ...more on Wikipedia about "Economic geography"
Ellsworth Huntington ( 1876 - 1947) was a professor of economics at Yale University, early 20th century, known for his studies on climatic determinism, economic growth and economic geography. He served as the President of the Board of Directors of the American Eugenics Society. ...more on Wikipedia about "Ellsworth Huntington"
The global digital divide is a term used to describe “great disparities in opportunity to access the Internet and the information and educational/business opportunities tied to this access … between developed and developing countries” (Lu 2001 p. 1). Unlike the traditional notion of the "digital divide" between social classes, the "global digital divide" is essentially a geographical division. ...more on Wikipedia about "Global digital divide"
Hubs and Nodes is a geographic model, explaining how linked regions can cooperate to fulfill elements of an industry's value chain, and collectively gain sufficient mass to drive innovation growth. The model of hubs and nodes builds on Porter's cluster model which served well in the past, but as businesses and regions around the world have adjusted to the realities of globalization, the concept of clusters is becoming outdated. ...more on Wikipedia about "Hubs and Nodes"
Johann Heinrich von Thünen ( 24 June 1783 - 22 September 1850) "ranks alongside Marx as the greatest economist of the nineteeth century" ( Fernand Braudel). Von Thünen was a Mecklenburg (north German) landowner, who in the first volume of his treatise, The Isolated State (1826), developed the first serious treatment of spatial economics, connecting it with the theory of rent. The importance lies less in the pattern of land use predicted than in its analytical approach. ...more on Wikipedia about "Johann Heinrich von Thünen"
* Economic geography provides an overview of economic geography topics. ...more on Wikipedia about "List of economic geography topics"
The metropolis-hinterland (or center/periphery) theory of social and economic development, developed by Canadian historian Harold Adam Innis, examines how economically advanced societies, through trade and colonialism, distort and retard economic development of less developed societies and regions. A metropolis is identified as the center of political and economic power. It possesses a more advanced labor market, more skilled and educated workers, an abundance of value-added production, higher standard of living, etc. A hinterland does not have the resources to withstand the political and economic interference of the metropolis. It features an abundance of resource extraction industries, fewer skilled and educated workers and a lower standard of living, and in many ways, it emulates the culture of the metropolis. ...more on Wikipedia about "Metropolis-hinterland"
A monetary system secures the proper functioning of money by regulating economic agents, transaction types, and money supply. ...more on Wikipedia about "Monetary system"
The North-South divide is the socio-economic and political division which exists between the wealthy developed countries, known collectively as the " The North", and the poorer developing countries, or " The South". Although most nations comprising the "North" are in fact located in the Northern Hemisphere, the divide is not primarily defined by geography. The term was coined to differentiate the cultural divide between East and West. ...more on Wikipedia about "North-South divide"
In the United Kingdom the term North-South divide is used to refer to the divide between the wealthy South East of England and the less affluent industrial areas of Scotland, Wales and northern England. It is increasingly used as a term of resentment in the North, directed at politicians they consider to be perpetuating this divide (e.g. by investing heavily in developments in the South). ...more on Wikipedia about "North-South divide in the United Kingdom"
A Porter's cluster or competitive cluster is a geographical location where: ...more on Wikipedia about "Porter's cluster"
The Security and Prosperity Partnership of North America, signed on March 23, 2005 by the leaders of Canada, Mexico and the United States, was born in response to the evident necessity for the North American continent to take new steps to address the threat of terrorism and to enhance the security, competitiveness and quality of life of their countries' citizens. ...more on Wikipedia about "Security and Prosperity Partnership of North America"
A Techno cluster referes to a science and high tech oriented Porter's cluster like the Silicon Valley or AMD´s chip-plants, FAB´s, in Dresden, F.R. Germany, Silicon Saxony. ...more on Wikipedia about "Techno cluster"
A topographical summit is a point on a surface which is higher in elevation than all points immediately adjacent to it. Mathematically speaking, a summit is a local maximum in elevation. Colloquially, a summit generally refers to a mountain peak with some significant amount of topographic prominence. ...more on Wikipedia about "Topographical summit"
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