WORLD GEOGRAPHY TODAY Red Flag Questions Pages 113-118 CHAPTER 6: HUMAN SYSTEMS SECTION 1: Economic Geography By the end of this section, you will be able to answer these questions: 1. What are the three main types of economic systems? 2. How are developed countries and developing countries different? ECONOMIC SYSTEMS What does economic geography deal with? Economic Activities What are primary activities? Give some examples. Where are primary activities located? What are secondary activities? Give some examples. Where are secondary activities located? What are tertiary activities? Give some examples. Where are tertiary activities located? What are quaternary activities? Give some examples. Where are quaternary activities located? Economic Systems What is the most basic economic system? Describe this system. Where will you find a traditional economy? market economy free enterprise capitalism What countries have market economies? command economy Communism What are two communist countries? Economic Patterns, Resources, and Technology How do resources affect the locations of economic activities? How can changes in technology and transportation affect economic activities? How has the internet affected economic activities? LEVEL OF DEVELOPMENT What does development refer to? Measures of Development gross national product (GNP) gross domestic product (GDP) industrialization What are other additional measures of development? Standard of Living What factors is standard of living measured by? literacy rate What are other measures of standard of living? Developed and Developing Countries developed countries Give some examples of developed countries. What percentage of the world’s people live in developed countries? What features do developed countries share? infrastructure developing countries What countries are developing countries? What characteristics are found in developing countries (i.e. low per capita GDPs)? What are middle-income countries? Give a couple examples. What characteristics are found in middle-income countries?