GLBL ST 1 Study Guide - Final Guide: Merchant Capitalism, Path Dependence, Offshoring
Document Summary
Gs1/geog 4: globalization: regional development and the world economy. The final will consist of twenty short-answer and four short-essay questions. Themes: basic geography of the world economy today at a global scale (core, periphery and semi-periphery) and how it has developed over time, foundational concepts: comparative, absolute, and competitive advantage, Polanyi s three principles of economic integration, regional economic specialization, economies of scale, agglomeration economies, geographical path dependence, fordism, market-access, offshoring and outsourcing, technological systems/styles. Increased pace of the world economy since the 1970s: shifting fortunes of places in the world economy, 1700-present.
