Economic Geography Assignment

Economic Geography Assignment Words: 1371

Permanent damage to landscape – environmentalists. Com With explosions and massive machines scraping into the earth’s crust like a bad case of scabies, its small wonder open cast mining has made what many see as an unpleasant impact on the planet’s surface. The face of the earth is beleaguered with giant scars, scoured out in our ongoing bid to the plunder the planet of its natural resources. Semiautomatic in Chile is a colossus of a mine that has churned up a record total of 29 million tones of copper.

Despite almost 100 years of intensive exploitation, it remains among the largest known copper resources, and its open pit is one of the suggest at a whopping great 4. 3 km long, 3 km wide and over 850 m deep. Copper has been mined for centuries at Semiautomatic, as shown by the 1898 discovery of a mummy dated around 550 AD found trapped in an ancient mine shaft by a cave-in. A great influx of miners was sucked in by ‘Red Gold Fever’ after the War of the Pacific, when at one stage the area was covered with unruly mining camps where alcohol, gambling, prostitution and even murder were common. Comparative advantage – broncobuster’s. Mom International Trade takes place because of the variations in productive factors in different countries. The variations of productive factors cause differences in price in different countries and the price differences are the main cause of international trade. There are numerous advantages of international trade accruing to all the participants of such trade. A few of such advantages are mentioned below: Efficient use of productive factors: The biggest advantage of international trade relates to the advantages accruing from territorial division of labor and international specialization.

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International trade enables a country to specialize in the production of those commodities in which it enjoys special advantages. All countries are not equally endowed with natural resources and other facilities for the production of goods and services of various kinds. Some countries are richly endowed with land and forest resources, which others happen to have abundant capital resources. Some others have abundant supplies of labor power. Without international trade, a country will have to produce all the goods it requires irrespective of the costs involved.

But international trade enables a country to produce only those goods in which it has a comparative advantage or an absolute advantage and import the rest from other countries. This leads to international specialization or division of labor, which, in turn, enables efficient use of the productive factors with minimum wastage. Specialization would also lead to economies of scale and which, in turn, would lead to reduction of cost of products and services. COED member countries – coed. Rig Origins date back to 1960, when 18 European countries plus the United States and Canada Joined forces to create an organization dedicated to global development. Today, 34 member countries span the globe, trot North and Europe and the Asia-Pacific region. Australia France Germany Korea Luxembourg Mexico Netherlands Slovenia Spain Sweden Switzerland Turkey United Kingdom United States New Zealand Norway Poland Portugal Slovakia Republic Greece Hungary Iceland Ireland Israel Italy Japan Austria Belgium Canada Chile Czech Republic Denmark Estonia Finland Rise of high technology industry – sprier. Sub. Stanford. Du o n America to On the innovation front, as measured by U. S. Patents granted, Japan, Taiwan, and South Korea now account for more than one-quarter of all patents awarded each year. Moreover, their growth rates have been rapid. Between 1980 and 2003, South Korea went from O to 2 percent of the total, Taiwan from O to 3 percent, and Japan room 12 to 21 percent. More than Just a large number, citation data show these patents’ utility, as boot Taiwan and Singapore leapfrogged e n et States in the overall number of citations. China is the next wave.

With more than 130 foreign R&D centers located in Beijing alone, and approximately 400 companies with research centers across China, business leaders have staked recent investments on the promise of fruitful innovation there. Indications of burgeoning entrepreneurship are plentiful in Taiwan, Korea, India, and China. Between 1988 and 2003, high tech ventures in Beijing grew from 527 to more than 12,000. This rise in Sais’s high tech regions both as producers and consumers of high technology goods and services has brought about a paradigm change.

Gone are the days when Silicon Valley, or the United States, was the hub of the high technology universe. From R to manufacturing to marketing, key activities are migrating to, and within, Asia. Motivations reach beyond the well-known lures of lower costs: the quest is for higher value-added productivity, growing markets, and deep pools of talent. Companies and regions across Asia now participate in complex, globally integrated value chains in which national borders are greatly reduced in significance.

High technology activities will become increasingly concentrated in specialized regional clusters, as well as more highly distributed in global networks. As the dynamics of each region unfold, emerging areas of comparative advantage are difficult to predict. Cooperative and possibly competitive relationships will evolve. Exploitation of Lids primary commodities – disregarding. Com Amazonian forest cleared in Ecuador, a mountain leveled in Peru, the Coerced Savannah converted to soy fields in Brazil and oil fields under development in Venezuelan Orinoco belt.

These recent reports of environmental degradation in Latin America may be thousands of miles apart in different countries and for different products, but they have a common cause: growing Chinese demand for regional commodities. The world’s most populous nation has Joined the ranks of wealthy countries in Europe, North America and East Asia that have long consumed and polluted unsustainable. Since the 2008 financial crisis, China has also become the main lender to the region. In 2010, it provided $ban in loans – more than the World Bank, Inter-American Bank and the US Import-Export Bank combined.

Most of this has gone to four primary exporters – Venezuela, Brazil, Argentina and Ecuador – for mining or transport infrastructure. The economic benefits have been enormous. Trade between China and Latin America was Just $ban in 2000. In 2011, it had surged to $241 ban. While the distribution has varied enormously from country to country, this helped Latin America avoid the worst of the financial and economic crises that gripped much of the developed world and provided extra revenue for poverty alleviation programmer that have eased the region’s notorious inequality.

It also played a major part in listening left-leaning governments that are seeking an alternative to neo-liberal prescriptions from Washington and Wall Street. But giving up one kind of dependency can lead to another. Repayments to China are guaranteed by long-term commodity sales, which mean a commitment to push ahead with resource exploitation – often with dire consequences for the environment and indigenous communities.

Restoration to derelict land – legal. Blurt com Most derelict land can be restored or reclaimed and again become useful to mankind through the combined efforts of the individual and the government. Land that is spoilt by careless farming can be restored by irrigation or fertilization. In the case of the large scale rehabilitation of the devastated farmlands of the Tennessee Valley in ASSAI, the government established the Tennessee Valley Authority in 1933.

It constructed 9 dams on the main Tennessee River, which is 1450 km long, and another 23 dams on its tributaries, for irrigation, flood control and the generation of hydro-electricity. These measures have stimulated the development of industries and provided Jobs for the people. To check soil erosion and heal gullied hill slopes mom 2 million trees were also planted each year so that their roots will help bind the soil partials and absorb excess water which previously ran off rapidly and caused floods.

Where the land is made derelict by mining activities much has to be done to restore its usefulness again. Many governments pass legislation to make it compulsory for mining companies to rehabilitate the land after mining. Waste heaps have to be leveled out and mining pools filled up to restore the natural landscape of the region. Trees and other soil-binding vegetation are planted to act as a protective cover against soil erosion.

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