Transcript Developing

Full ppt too long. Skip over most of PSTQ since
they have already read about it. 10/24/11
Factors of Development
Cy-Woods HS
2011-2012
Development
• What is development?
•A term describing the economic, political
and social well-being of its people.
Development usually implies
progress
Development
• Three categories:
Factors That Impact Development
• Physical Geography
Trade Patterns
Levels of Economic Activities (PSTQ)
Physical Geography
• Resources are not spread evenly
around the world.
Physical Geography
• Barriers to
development:
harsh climates
tropical, arid,
polar
mountains
deserts
Physical Geography
• Benefits development:
location
temperate climates
arable land
Physical Geography: Location
Trade Patterns
• Free trade: trading across national
boundaries without interference from
the respective governments.
Free Trade Agreements
An agreement
between one or
more countries to
eliminate or reduce
barriers to trade.
Globalization
• The increasing unification of the
world’s economy.
Where is the best
example of
“globalization”
that we can find
on any day?
Levels of economic activities
PSTQ
• Just remember the POTATO…
Primary economic activities (PSTQ)
Raw materials for immediate use or in the
making of a final product.
Examples
fishing, farming,
timber, mining
Do you have a future
as a potato farmer?
Subsistence Agriculture vs. Commercial
Agriculture
Both are primary
economic activities
Secondary Economic Activities (PSTQ)
Manufacturing
Mark of an advancing
economy.
The people that turn potatoes into french fries.
Cottage Industries vs.
Commercial Industries
Tertiary Economic Activities (PSTQ)
(also known as “services”
Providing business or
professional services.
Seen mostly in developed
economies.
What would these
signs imply about the
economic
development of these
countries?
Sell french fries for business.
Technology and Tertiary
Technology has made it less necessary for tertiary
activities to be located near people.
Internet expands the market and allows people to
provide services from longer distances.
Quaternary Economic Activities PSTQ
Provide information,
management, and
research services by
highly trained
persons.
only in places
with the highest
level of economic
development
No, it’s not real.
.
Infrastructure
• the basic support systems needed to
keep an economy going.
– transportation, energy, water…
Which is an example of a
tertiary economic activity?
• 1) Turning dairy products into ice
cream.
• 2) Milking a cow on a dairy farm.
• 3) Researching how to produce
cows that can be milked more often.
• 4) Selling ice cream at a grocery
store.
Measuring economic
development
• Gross Domestic Product (GDP):
– total value of all goods and services
produced within a country.
per capita =
per person
-about how much a
person earns
Map of GDP per
capita.
Human Development Index
• A ranking of the world’s countries
based on GDP per capita and other
statistics.
Mali
Physical Geography
Landlocked – no
direct access to the
sea.
Must make
agreements with
neighboring
countries to trade
with the world
Climate and
landscape
Mali
Resources and land
use
Agriculture - 80%
of all economic
activities
PSTQ?
Mali
• International trade
Developing country (LDC)
Mali’s GDP per capita (PPP) = $1,200 (USA $47,000)
A developing country is
one with a low level of
material well-being.
Levels of economic
development?
Mostly primary with few
secondary industries.
Australia
• Physical Geography
• location and climate
Australia
• International trade
Developed Country (MDC)
Australia’s GDP per capita
(PPP) = $41,000
A country with a high
level of material wellbeing.
Primary, secondary,
tertiary and quaternary
Most MDC’s
participate in all four
levels of economic
development.
South Korea
• Physical Geography
location, location,
location (trade)
South Korea
• resources and land
use
• agriculture: 7.3%
• industry: 24.3%
• services: 68.4%
South Korea
• International trade
Rapid Growth
Newly Industrialized Country (NIC)
South Korea’s GDP per
capita (PPP) = $30,000
A country with a rapidly
increasing per capita
income.
Contains all levels of
PSTQ
Other examples: Taiwan
and *Singapore (only
STQ)
end