Who is the father of modern economic geography?
geographer George Chisholm
It was the geographer George Chisholm, and he is credited as the father of this field.
What is economic geography What is its main subject matter Class 10?
Ans. Economic geography is the branch of geography which studies human activities related to production, distribution, consumption and exchange of resources with respect to spatial and temporal aspects .
What is the main objective of economic geography?
The main objective of economic geography is to discuss the activity of man with relation to environment. Again, the activity of man depends upon the natural environment, availability of resources and the culture of that particular area.
Who is known as father of economics?
Adam Smith was an 18th-century Scottish philosopher. He is considered the father of modern economics. Smith is most famous for his 1776 book, “The Wealth of Nations.”
What is the difference between economic geography and resource geography?
Economic geography is basically a division of human geography that concerns with all matters of economic value, from incomes and resource extraction to production and exchange, to consumption and dumping. In geography, a resource is any physical substantial creating part of Earth that people need and value.
Why is resource geography an important branch of economic geography?
Why is “resource geography” known as an important branch of economic geography? Answer: Economic geography and its various subdivisions are inextricably linked to resource geography. It is because a country’s economic development is heavily reliant on the quality and availability of its resources.
What is the difference between economic geography and economics?
Generally, spatially interested economists study the effects of space on the economy. Geographers, on the other hand, are interested in the economic processes’ impact on spatial structures. Moreover, economists and economic geographers differ in their methods in approaching spatial-economic problems in several ways.
What is difference between economic and economics?
Economics analyses the way in which individuals, families, organizations and nations make choices in the face of scarcity of resources. Conversely, the economy tells you about the way resources are allocated among different members of society.
What is the difference between recycling of resource and innovation?
Recycling is technically a form of innovations, but it refers more specifically to items that are discarded and broken down into their raw materials.