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The Relationship between Economics and Economic Geography
The Relationship between Economics and Economic Geography
Economic Geography
It is an economic activity related to human livelihood. natural resources , production, use and distribution of economic activities Agriculture, industry , commerce, transportation international trade
and services to people in various territories of the world with relation to economics This is a course that studies how to allocate limited resources.
To produce goods and services to meet human needs, which generally have unlimited needs in various fields. can be summarized as follows:
1. The relationship of the environment to economic activities consists of
1.1 Topography means the physical characteristics of the land. low altitude of the earth’s surface river plains
1.2 Climate characteristics refer to the local climate for a period of time. which influences the human factor 4
2. Economic activities in different regions of the world are divided into
2.1 Subsistence Economic Activities or also called Subsistence economy means simple living. uncomplicated
2.2 Trade economic activities refer to complex societies. It is characteristic of most countries in the world. including Thailand at present
Economic unit
Economic unit means the entities that exist in an economic system united to carry out their own economic activities in order to carry out their respective economic activities.
household unit Being a factor of production or a producer and a consumer of goods and services has two important roles.
The first role is the consumer, with household members making decisions about the types of goods and services that will be produced in the economy.
Another role is the owner of the factors of production. which will receive income from the sale of production factors and when spending money, income received from the household will be in the capacity of the consumer
Business units are both manufacturers that produce goods and services themselves. or as a supplier of goods and services some may be both the manufacturer and the supplier. It is an economic unit that operates businesses related to production. is a purchaser of household inputs and makes decisions about the methods that will be used to produce goods and services which will receive profit as a return on operations
Government agencies, both producers, consumers, and owners of factors of production. To assist, promote, support, and supervise the operation of economic activities. The basic duty of government is the allocation of resources. income allocation and stabilization
