GPHY 101 Chapter Notes - Chapter 7: Core Countries, Global Sourcing, Maquiladora

• School: Queen's University
• Department: Geography
• Course: GPHY 101
• Professor: Joyce Davidson

Document Summary

Chapter 7: the geography of economic development notes. The geography of economic development is the cumulative outcome of decisions guided by fundamental principles of land use, commercial and industrial location as well as economic interdependence. Geography is the most important feature of economic development that is highly uneven. Successive technology systems have rewritten the geography of economic development as they have shifted the balance of advantages between regions. Geographical divisions of labour have evolved with the growth of the world system of trade and politics and with the changing locational logic of successive technology systems. Regional cores of economic development are created cumulatively, following some initial advantage, through the operation of several basic principles of spatial organization. Spirals of economic development can be arrested in various ways, including the onset of disinvestment and deindustrialization, which follow major shifts in technology systems and international geopolitics.