Political and Economic Elements of Geography. Politics Politics can be defined as : The science and...
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Transcript of Political and Economic Elements of Geography. Politics Politics can be defined as : The science and...
Political and Economic Elements of Geography
Politics
Politics can be defined as : Politics can be defined as : The science and art of Political The science and art of Political
governmentgovernment
Factional scheming for power or status Factional scheming for power or status within a groupwithin a group
Government
Government can be defined as The exercise of authority over a state, district,
organization, institution, etc.; direction, control, rule
An established system of political administration by which a nation, state, or district is governed
Jefferson Memorial
Lincoln Memorial
Politics and Government
For our Geographic exploration of politics and Government we need to strive to understand these basic ideas:
The various types of systems most commonly used today The practical definition of these systems Some history of these systems Why a given system is used in a given place
The introductory information will be dealt within section 2 of chapter 3, we will do more detailed stuff when we begin our regional studies
Department of Agriculture Supreme Court
Washington Monument Federal Reserve
Economics
Economics can be defined as: Of or having to do with the production,
distribution and consumption of wealth Having to do with the satisfaction of the
material needs of people
Economic and Geography Vocab and Notes
GNP - - adjusted to include the values of goods and services from other countries used in producing goods and services. (Citizen of country “A” anywhere)GDP - the total monetary value of goods and services produced in a country during one year (in country “A” only)GNPPer capita income Per capita GDP
Vocab cont.
Exports - resources (i.e. information, technology, etc.) and finished products sold outside of the home countryImports - resources and goods unavailable or scarce in the home country yet necessary for production or consumption (food stuff)Trade balance -Historically a “favorable” balance would include more income from a higher amount of exports than imports…Is this still true in a modern Info/Tech-service based economy???
Vocab cont.
Trade Deficit?
Economic Growth - $ received from exports increases production of goods and services Employment rates Wages/Spending Interest Rate ( on Loans) set by the Fed. Res. Housing “Starts”
Waves and Worlds
3 Waves of Economic development
1,2,3 World - Can’t work anymore As out of date as poke-a-dots
Why? Developed, Developing, Under Developed Oops! - New P.C.= Advantaged, Disadvantaged
Waves of Economic Development
History tells us these “Waves” have occur in sequence (Ex. USA)
Agricultural Age----Industrial Age----Information Tech Age
1800 1860’s 1900 1970’s 2000
4 mill 6th 76 mill. 245 mill 281 mill
95% 60% 2%
3,800,000 40% 4,900,000
5% 98%
What aspects of culture and society will most likely have to change as a society moves from one wave to the next???