GGR209H5 Study Guide - Final Guide: Nationstates, Food Security, Parag Khanna
Document Summary
1. summarize (one sentence each) the four interrelated objectives of economic geography according to hayter and patchell. The four interrelated objectives of economic geography: (h&p) To understand how and why places differ in terms of economic activities. To understand how and why economic activities are connected across space. To teach skills and develop perspectives that students can apply in a wide variety of careers and that ultimately, may help them become better citizens. According to poon, institutions shape economic action in two main ways. At the macrolevel, regulatory frameworks operate through institutions that structure the country"s rules of the game. At the macro- and microlevels, firm, social, and political actors formulate practices and habits that drive their economic transactions. Geographers and others should focus on putting lines on maps that show high-speed railways, broadband cable and shipping routes that connect us rather than the boundaries of soverign nations and nation-states.
