About This Chapter
Impact of Geography on Economics - Chapter Summary
In this chapter, you will explore the impact of geography on local and global economy. Learn how physical attributes like climate, topography and ecology influence the economic factors like population distribution, industry and agriculture. And in reverse, see how economic ideas impact political and human geography. You will begin to understand the relationship of landmasses and bodies of water to the industries and economic development that occurs around them.
This course will also demonstrate that geography is more than just locations and climate. See how geographic factors such as population distribution and density, human migration and settlement patterns directly impact economic growth and stability around the world. After completing this chapter, you should be able to:
- Describe the global effects of physical geographic factors on population distribution and commerce
- Explain how economic growth and decline are affected by the interaction of humans and the environment
- Explore the impact of economic concepts on political and human geography
- Identify how landmass and waterways control and influence economic development
- Describe how population and the societal habits of a people directly affect global economy and trade
Each of these lessons is designed to help you learn economic concepts faster and retain the knowledge longer. The written transcript of the lesson is right there on the page, and key terms are in bold. Take the optional quiz at the end of each lesson to see how much you have learned!
1. The Effects of Environmental Factors on Economic Development
This lesson looks at how the environment has affected economic development, including tropical versus temperate regions, regions ideal for bacteria, river or sea access, and more.
2. Impact of Economic Ideas on Political & Human Geography
We all form relationships with different people. What most of us do not realize is that those relationships are often influenced by our location. In this lesson, we will explore political and human geography and their connection with economic ideas.
3. How Geographical Features Impact Economic Activity
In this lesson the reader will learn about how geographic features such as deserts oases, mountain passes, lakes and rivers were used to impact economies around the world.
4. How Human Activity Affects the Development of Economic Systems
This lesson will present the impact of various human activities on the development of economic systems, such as human settlement, human migration, the collection of raw materials, and the manufacturing of finished products.
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Other chapters within the MTTC Economics (007): Practice & Study Guide course
- Economic Concepts & Terminology
- Impact of Historical Events on the Economy
- Structure of Local & Federal Governments
- Government & Economic Systems
- Democratic Values & Society
- Government Impact on Economics
- Basics of Measuring the Economy
- Scarcity, Opportunity Cost & Production Possibilities
- Producers & Production in Microeconomics
- Supply, Demand & Market Equilibrium
- Price Determination & Elasticity
- Economic Market Structures
- Business Types & Decision Making
- Understanding Economic Growth and Productivity
- Inflation & Adjustment in Economics
- Unemployment Basics
- Understanding Inflation & Unemployment
- Overview of Aggregate Demand & Supply
- Understanding Macroeconomic Equilibrium
- Scarce Economic Resource Markets Basics
- Fiscal & Monetary Policies
- Contractionary & Expansionary Gaps
- Money & the Market
- The Central Bank & Monetary Policy
- Types of Economic Advantage
- Foreign Exchange & Trade Balance
- Overview of Inflows, Outflows & Restrictions
- International Economic Development
- Consumer Decisions in Economics
- Consumer Protection Laws & Agencies
- Savings & Investments for Personal Finance
- Effective Teaching Strategies
- Instructional Teaching Strategies
- Assessment Strategies for Teachers
- Types of Student Assessments
- Technology Uses in the Classroom
- MTTC Economics Flashcards