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Questions and Answers
According to Keynesianism, who is responsible for ending economic downturns?
According to Keynesianism, who is responsible for ending economic downturns?
- The government (correct)
- International organizations
- Private corporations
- Individuals
Keynesianism suggests that the government is the only force to end economic downturns through monetary and fiscal policies. ______
Keynesianism suggests that the government is the only force to end economic downturns through monetary and fiscal policies. ______
1
Which book offers a Marxist critique of capitalism and emphasizes the spatiality of injustice ignored by neoclassical economics?
Which book offers a Marxist critique of capitalism and emphasizes the spatiality of injustice ignored by neoclassical economics?
- The Communist Manifesto by Karl Marx and Friedrich Engels
- Rebel Cities by David Harvey (correct)
- The Wealth of Nations by Adam Smith
- The General Theory of Employment, Interest and Money by John Maynard Keynes
David Harvey's Rebel Cities offers a Marxist critique of capitalism and highlights the spatiality of injustice ignored by ______ economics.
David Harvey's Rebel Cities offers a Marxist critique of capitalism and highlights the spatiality of injustice ignored by ______ economics.
What questions does location theory address?
What questions does location theory address?
Location theory addresses questions of what economic activities are located where and why, and generally assumes that agents act in their own ______.
Location theory addresses questions of what economic activities are located where and why, and generally assumes that agents act in their own ______.
Why is spatial analysis important?
Why is spatial analysis important?
The importance of spatial analysis lies in the fact that location preferences of individuals, firms, and industries ______.
The importance of spatial analysis lies in the fact that location preferences of individuals, firms, and industries ______.
Which land use theory explains the spatial arrangement, size, and number of settlements, and the concept of threshold and range?
Which land use theory explains the spatial arrangement, size, and number of settlements, and the concept of threshold and range?
Basic land use theories include Von Thunen's Highest and Best Use, Weber's Industrial Location, Christaller and Losch's Central Place Theory, Hoover's The Role of Institutional Factors, Isard's A Format for Decision Making, and William Alonso's ______ Theory.
Basic land use theories include Von Thunen's Highest and Best Use, Weber's Industrial Location, Christaller and Losch's Central Place Theory, Hoover's The Role of Institutional Factors, Isard's A Format for Decision Making, and William Alonso's ______ Theory.
What factors influence land value according to Von Thunen's theory of agricultural location?
What factors influence land value according to Von Thunen's theory of agricultural location?
Von Thunen's theory of agricultural location considers productivity and access to market as factors influencing ______ value.
Von Thunen's theory of agricultural location considers productivity and access to market as factors influencing ______ value.
What does Weber's theory of industrial location focus on?
What does Weber's theory of industrial location focus on?
Weber's theory of industrial location focuses on minimizing costs related to transport, labor, and ______ economies.
Weber's theory of industrial location focuses on minimizing costs related to transport, labor, and ______ economies.
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Study Notes
- Keynesianism suggests that the government is the only force to end economic downturns through monetary and fiscal policies.
- David Harvey's Rebel Cities offers a Marxist critique of capitalism and highlights the spatiality of injustice ignored by neoclassical economics.
- Location theory addresses questions of what economic activities are located where and why, and generally assumes that agents act in their own self-interest.
- The importance of spatial analysis lies in the fact that location preferences of individuals, firms, and industries change.
- Basic land use theories include Von Thunen's Highest and Best Use, Weber's Industrial Location, Christaller and Losch's Central Place Theory, Hoover's The Role of Institutional Factors, Isard's A Format for Decision Making, and William Alonso's Bid Rent Theory.
- Von Thunen's theory of agricultural location considers productivity and access to market as factors influencing land value.
- Weber's theory of industrial location focuses on minimizing costs related to transport, labor, and agglomeration economies.
- Christaller and Losch's Central Place Theory explains the spatial arrangement, size, and number of settlements, and the concept of threshold and range.
- Hoover's analysis incorporates institutional factors into urban and regional analysis, including political boundaries and cultural and psychological characteristics.
- Isard's A Format for Decision Making provides a framework for decision-making in location theory.
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