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    Space, Diversity and Geography

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    Brianna Arely Macías Vázquez
    International trade involves three main points: 1) Countries export specialized products and import goods they cannot produce themselves to benefit from comparative advantage. 2) Traditional, command, and market economies have different rules for determining what and how to produce goods. 3) Trade faces costs like tariffs, transportation time and expenses, and cultural barriers between countries.

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    Space, Diversity and Geography

    Uploaded by

    Brianna Arely Macías Vázquez
    6 views1 page
    International trade involves three main points: 1) Countries export specialized products and import goods they cannot produce themselves to benefit from comparative advantage. 2) Traditional, command, and market economies have different rules for determining what and how to produce goods. 3) Trade faces costs like tariffs, transportation time and expenses, and cultural barriers between countries.

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    Space, diversity and geography

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    International trade involves three main points: 1) Countries export specialized products and import goods they cannot produce themselves to benefit from comparative advantage. 2) Traditional, command, and market economies have different rules for determining what and how to produce goods. 3) Trade faces costs like tariffs, transportation time and expenses, and cultural barriers between countries.

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    © All Rights Reserved
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    6 views1 page

    Space, Diversity and Geography

    Uploaded by

    Brianna Arely Macías Vázquez
    International trade involves three main points: 1) Countries export specialized products and import goods they cannot produce themselves to benefit from comparative advantage. 2) Traditional, command, and market economies have different rules for determining what and how to produce goods. 3) Trade faces costs like tariffs, transportation time and expenses, and cultural barriers between countries.

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    of 1

    Trade:

    •Countries export

    specialized products

    • Traditional economy: habit and


    •Sell to countries that
    custom determine economic rules

    means of production. cannot produce


    • Command economy: the

    government owns or directs the

    • Market economy: individuals and


    private groups decide what to produce
    • What to produce?

    • How to produce?

    •Tertiary economic activities • For whom to produce?


    •Provide services

    Space, diversity and geography. • US = Mixed economy

    • Government supports and regulates

    free market.

    Economic Development

    •Primary economic activities

    •Taking or using natural resources


    Command economy: the
    • Three types of economies: directly from Earth
    government owns or directs the
    •Traditional economy
    means of production.
    •Market economy
    Economic Development
    •Command economy
    •Secondary economic activities

    •Use raw materials to make a

    product

    International trade is

    costly due to
    Patterns of Urbanization
    •Tariffs
    • Cities grow or shrink depending on the need for
    •Time costs
    *Urban Geography industry or the supply of natural resources.
    •Expenses associated

    with different
    The Nature of Cities
    languages, legal
    • A metropolitan area includes a city and its
    systems, or other
    suburbs
    cultural barriers
    • Over half the world's population lives in these

    Economic bases in cities:

    • Manufacturing

    New trends in cities: • Service centers

    • Development of suburban business districts • Retail

    • Major diversified centers

    Challenges of Urban Growth

    • Problems with urbanization:

    • Energy

    • Education
    Problems with urbanization:
    • Health care
    • Poor housing
    • Transportation
    • Homelessness
    • Sanitation
    • Pollution
    • Physical security
    • Social problems

    • Addiction

    • Crime

    • Gang violence

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