ECONOMIC GEOGRPAHY WEBQUEST
“Economics is the study of people in the ordinary business of life."
1. Go to: http://www.vanderbilt.edu/AEA/students/WhatIsEconomics.htm
a. What is economics in your own words?
2. Go to: http://geography.about.com/od/urbaneconomicgeography/a/sectorseconomy.htm
a. Why is a nation’s economy divided into sectors?
b. Fill in the following chart
WHAT IS IT?
EXAMPLES
Primary
Sector
Secondary
Sector
Tertiary
Sector
Quaternary
Sector
Quinary
Sector
3. Go to: http://www.slideshare.net/Geckos/the-four-types-of-economic-systems-presentation
a. What is a Traditional economic system? Give 1 example.
b. What is a Command economic system? Give 1 example.
c. What is a Mixed economic system? Give 1 example.
d. What is a Market economic system? Give 1 example.
4. Go to: http://en.wikipedia.org/wiki/Economic_development#cite_note-0
a. What does economic development mean?
5. Determining economic development:
a. The Quality of Life Index: go to http://en.wikipedia.org/wiki/Quality-of-Life_Index#cite_note-QoL-0
i. What is the Quality of Life Index?
ii. What are the 9 factors used to determine a nation’s quality of life?
iii. Where does the US rate?
b. The Gross National Product: go to
http://www.cftech.com/BrainBank/CORPORATEADMINISTRATION/GrossNatlProd.html
i. What is GNP?
ii. Now go to http://www.investopedia.com/ask/answers/199.asp. What is the Gross Domestic
Product? Why is GDP significant for a nation?
c. Go to: http://www.esrc.ac.uk/ESRCInfoCentre/Images/World%20economy%201_tcm6-15035.jpg. and
examine the graph. How much of the world’s GDP does the US hold?
d. Industrialization is a process that transforms agrarian (farming) and handicraft-centered economies into
economies distinguished by industry and machine manufacture. The Industrial Revolution that began in
England changed the entire world. Using the following list of websites, compile lists of the effects
(social, economic, political, and physical/resources) of industrialization on the world. This is a hard one
so do your best.
http://highered.mcgraw-hill.com/sites/0072424354/student_view0/chapter31/table_of_contents.html
http://en.wikipedia.org/wiki/Industrialisation
http://www.flowofhistory.com/units/eme/17/fc113
http://wiki.answers.com/Q/What_were_the_effects_of_industrialization_worldwide
Political
Economic
INDUSTRIALIZATION
Social/Cultural
Physical/Resources
e. Go to: http://investopedia.com/articles/financial-theory/08/standard-of-living-quality-of-life.asp. What
is the standard of living? How is it compiled?
f. Literacy rate is also used to determine the economic development of a nation. Go to:
http://en.wikipedia.org/wiki/File:World_literacy_map_UNHD_2007_2008.png. Which regions of the
world have the highest literacy rates? What about the lowest?
g. Look at the following map of industrialized nations (the ones in blue). Only about 25% of the world’s
nations are considered industrialized. What does this tell us about our role in the world?
h. What is a developed nation? What about a developing nation and an underdeveloped nation. Wikipedia
is actually a great website for this.
i. Make a list (just pick 3) of the developed nations, developing nations, and underdeveloped nations of the
world. You may Google this or use the United Nations webpage.
j. Find 2 pictures that represent the differences between developed nations and underdeveloped nations.
Below is my example.
k. Go to: http://www.paggu.com/business/world-economy/5-ways-to-reduce-the-gap-between-developednations-and-underdeveloped-nations/ How can we reduce the gap between the developed nations and
the underdeveloped?