Location Theory and Economic Geography Quiz

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Questions and Answers

True or false: Keynesianism proposes that the private sector is the only force to end economic downturns through monetary and fiscal policies.

False (B)

True or false: David Harvey's Rebel Cities provides a capitalist critique of Marxism and highlights the spatiality of injustice ignored by neoclassical economics.

False (B)

True or false: Location theory addresses questions of what economic activities are located where and why, but generally assumes that agents act in the interest of the government.

False (B)

True or false: The importance of spatial analysis lies in the fact that location preferences of individuals, firms, and industries remain static over time.

<p>False (B)</p> Signup and view all the answers

True or false: 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.

<p>True (A)</p> Signup and view all the answers

True or false: Von Thunen's theory of agricultural location considers productivity and access to market as factors influencing land value.

<p>True (A)</p> Signup and view all the answers

True or false: Christaller and Losch's Central Place Theory explains the spatial arrangement, size, and number of settlements, but does not consider the concept of threshold and range.

<p>False (B)</p> Signup and view all the answers

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Study Notes

  1. Keynesianism suggests that the government is the only force to end economic downturns through monetary and fiscal policies.
  2. David Harvey's Rebel Cities offers a Marxist critique of capitalism and highlights the spatiality of injustice ignored by neoclassical economics.
  3. Location theory addresses questions of what economic activities are located where and why, and generally assumes that agents act in their own self-interest.
  4. The importance of spatial analysis lies in the fact that location preferences of individuals, firms, and industries change.
  5. 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.
  6. Von Thunen's theory of agricultural location considers productivity and access to market as factors influencing land value.
  7. Weber's theory of industrial location focuses on minimizing costs related to transport, labor, and agglomeration economies.
  8. Christaller and Losch's Central Place Theory explains the spatial arrangement, size, and number of settlements, and the concept of threshold and range.
  9. Hoover's analysis incorporates institutional factors into urban and regional analysis, including political boundaries and cultural and psychological characteristics.
  10. Isard's A Format for Decision Making provides a framework for decision-making in location theory.

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