A. The author believes the world globalization is not a "flat world" but a spiky one. The power countries such as America are higher hills which continue to grow, decreasing the opportunity for surrounding "valley" areas to begin to attempt to grow.
B. The authors beliefs in the globalization world is similar to the idea of the Central Place Theory. The author, like the central place theory, the higher the population in certain areas will result in higher economic development and activity (like a higher mountain), outperforming less population dense areas.
C. Madrid, Spain would be considered an National Metropolis.
Friday, April 27, 2012
Monday, April 23, 2012
Transport
Water Transportation:
Spain has many km of waterways but they do serve a high importance to economics.
The most important port and harbours are Algeciras, Barcelona, Valencia and Bilbao and many other minor ports.
Spain has a fleet of merchant marines that run 169 ships deep.
Bulk carrier: 9
Cargo: 13
Chemical tanker: 14
Container: 27
Liquefied gas: 9
Passenger: 1
Passenger/cargo: 49
Petroleum tanker: 15
Refrigerated cargo: 5
Roll on/roll off: 20
Specialized tanker: 2
Vehicle carrier: 5
Spain has full service ferrys that run to ports in China, Balearic Islands, Canary Islands, Cueta, and Melila.
Land Transportation:
The spanish railroads date all the way back to 1848. Many guages and high speed rail lines that total 14,791km (2004).
Iberian Guage11,829 km
Standard Guage 998 km
Narrow Guage,926 km
Narrow Guage 28 km
Spain has many km of waterways but they do serve a high importance to economics.
The most important port and harbours are Algeciras, Barcelona, Valencia and Bilbao and many other minor ports.
Spain has a fleet of merchant marines that run 169 ships deep.
Bulk carrier: 9
Cargo: 13
Chemical tanker: 14
Container: 27
Liquefied gas: 9
Passenger: 1
Passenger/cargo: 49
Petroleum tanker: 15
Refrigerated cargo: 5
Roll on/roll off: 20
Specialized tanker: 2
Vehicle carrier: 5
Spain has full service ferrys that run to ports in China, Balearic Islands, Canary Islands, Cueta, and Melila.
Land Transportation:
The spanish railroads date all the way back to 1848. Many guages and high speed rail lines that total 14,791km (2004).
Iberian Guage11,829 km
Standard Guage 998 km
Narrow Guage,926 km
Narrow Guage 28 km
High speed transportation departing from Madrid to: Seville, Lledia, Barcelona, Valladolid.
Air Transportation:
Spain had both paved and unpaved airports. The paved airports are the main airports used for travel and transportation.
Friday, April 20, 2012
The Box
a. The part that was most interesting to me was the section that described how the container was constructed. It made it seem so simple yet it serves such a great purpose. I never really thought about how simple a shipping container could be. The next section began to talk about how shipping container made shipping cheaper was also very interesting because my father ships his products all around the world using the same crates.
b. Marc saw the shipping container contributing to globalization because it allowed for more products to be sent bast boundaries not reachable previously. It also made shipping cheaper allowing for more expenditure elsewhere.
c. The short run impact would effect the net export because of more efficient ways to transport goods. The long run impact would effect the capital because of the investment made on the products used to ship the goods.
b. Marc saw the shipping container contributing to globalization because it allowed for more products to be sent bast boundaries not reachable previously. It also made shipping cheaper allowing for more expenditure elsewhere.
c. The short run impact would effect the net export because of more efficient ways to transport goods. The long run impact would effect the capital because of the investment made on the products used to ship the goods.
Friday, April 13, 2012
Rivoli Reading
1. The cotton industry in which the US used slave labor, and cheap labor for foreign immigrants gave them an advantage in the industry. It allowed them to harvest a lot of product with very low overhead cost, which allows for a larger income. In a pure market economy America would not have the absolute advantage because all the other "players" in the industry would have the same advantages.
2. Culture interacting with economics is shown in the first chapter. The t-shirt company owners grandfather who started the company would go to New York and buy cheap trinkets and sell them in Florida, eventually switching to t-shirts. The culture in Florida, and the tourism mindset, inspired the owner to change from trinkets to t-shirts because he would have an higher income.
3. I was surprised by t-shirt shop owner. How he went out of his way to New York to buy trinkets to sell. Someone just starting a small business and putting in a lot of hard work, and eventually switching to something more demanding is sometimes hard to do because you are so sold on your original idea and sometimes people dont want to change.
Monday, April 9, 2012
Sains economic distress
http://news.yahoo.com/spain-overcome-economic-crisis-without-aid-minister-175009339.html
1. Spain's economic struggles are getting worse. The country is facing a "great depression" of their own. After filing a budget of 27 billion euros in tax increase and slashing the public deficit by 3.2% are some steps they are taking in order to stay away from needing aid. Spain is hoping to be able to come out of this economic nightmare without the aid of a bailout like Greece, Portugal, and Ireland.
2. A result of the budget managing means higher rates of unemployment. The increase in unemployment can be a negative in being able to fully utilize Spain's total resources. Not being able to afford to fully utilize their employment and resources, it is going to be hard for the country to get out of such a struggle but they can't afford to be at full force. The increase in tax could affect the publics willingness and ability in a negative way causing a negative shit in the demand curve. This could also hurt the economy because there would be less money coming in from domestic shopping.
3. I believe that Spain should do all that is possible in order to avoid a bailout. Country's face hard times, but if they can over come it they will be stronger then before and more educated on positive factors/practices in order to be ready if the economy ever tanks again.
1. Spain's economic struggles are getting worse. The country is facing a "great depression" of their own. After filing a budget of 27 billion euros in tax increase and slashing the public deficit by 3.2% are some steps they are taking in order to stay away from needing aid. Spain is hoping to be able to come out of this economic nightmare without the aid of a bailout like Greece, Portugal, and Ireland.
2. A result of the budget managing means higher rates of unemployment. The increase in unemployment can be a negative in being able to fully utilize Spain's total resources. Not being able to afford to fully utilize their employment and resources, it is going to be hard for the country to get out of such a struggle but they can't afford to be at full force. The increase in tax could affect the publics willingness and ability in a negative way causing a negative shit in the demand curve. This could also hurt the economy because there would be less money coming in from domestic shopping.
3. I believe that Spain should do all that is possible in order to avoid a bailout. Country's face hard times, but if they can over come it they will be stronger then before and more educated on positive factors/practices in order to be ready if the economy ever tanks again.
Friday, April 6, 2012
Freidman
Key Points :
Freidman's key points include:- his belief that a free market is the ideal system
- He also talks about how business dont always have a social responsibility and that their responsibility is making money.
- People have a social responsibility as a population not a business.
Cultural Values important to Freidman:
After reading the article I believe Freidman exemplifies Individualism and Personal Efficiency. I believe he shows individualism because of his beliefs on separating a the social responsibility between people (normal population) and businesses. He also spoke of fraud and and referred to it as the "cloak of social responsibility" and his dislike for businesses that do not take part in legitimate business values and practices.
personal thoughts of business social responsibility
I personally believe businesses should have at least a little social responsibility. Businesses katter to the population and they have to take into account some kind of social responsibility to help better population moral. Outside of increasing population moral and not harming the population, I believe a business has no social responsibility.
Freidman's key points include:- his belief that a free market is the ideal system
- He also talks about how business dont always have a social responsibility and that their responsibility is making money.
- People have a social responsibility as a population not a business.
Cultural Values important to Freidman:
After reading the article I believe Freidman exemplifies Individualism and Personal Efficiency. I believe he shows individualism because of his beliefs on separating a the social responsibility between people (normal population) and businesses. He also spoke of fraud and and referred to it as the "cloak of social responsibility" and his dislike for businesses that do not take part in legitimate business values and practices.
personal thoughts of business social responsibility
I personally believe businesses should have at least a little social responsibility. Businesses katter to the population and they have to take into account some kind of social responsibility to help better population moral. Outside of increasing population moral and not harming the population, I believe a business has no social responsibility.
Wednesday, April 4, 2012
Rick Schweder Talk
Key Points:
- Rick spoke about the different views on trade between present time and the past. In the past the people wouldn't think as much about how the goods were made, where they were made, and who made the goods. Today people tend to put to much emphasis on those points and sometimes affect whether a country will trade with another country solely based on those beliefs.
- The expansion of the western culture was a big thing. After the fall of the Berlin Wall, many of the countries that were secluded by it began to have more experiences with the western culture, and even adopting many of the western culture practices.
Indicator of Global Change:
- I believe the global change will occur through trade and expansion. When countries trade, they are giving up something important to there land and culture in order to receive something in return. Every trade brings something cultural wise from its origins. Many practices and beliefs can be picked up or implanted during trades. The thrive for expansion I believe will also cause a global change, because the larger more powered countries have the ability to in the future expand if they were to desire to.
Cultural Shaping and Economic Outcomes:
- I believe culture is extremely important and has a great effect on the economy. People have deep beliefs into their culture and will not part with their beliefs, so they effect the market based on their beliefs. For example a cultured society of vegetarians would boost the green produce market but would negatively effect the meat market. It also depends on their beliefs of trade, whether the country/culture believes in trading with other countries, or isolating themselves and finding ways to live within their own borders.
- Rick spoke about the different views on trade between present time and the past. In the past the people wouldn't think as much about how the goods were made, where they were made, and who made the goods. Today people tend to put to much emphasis on those points and sometimes affect whether a country will trade with another country solely based on those beliefs.
- The expansion of the western culture was a big thing. After the fall of the Berlin Wall, many of the countries that were secluded by it began to have more experiences with the western culture, and even adopting many of the western culture practices.
Indicator of Global Change:
- I believe the global change will occur through trade and expansion. When countries trade, they are giving up something important to there land and culture in order to receive something in return. Every trade brings something cultural wise from its origins. Many practices and beliefs can be picked up or implanted during trades. The thrive for expansion I believe will also cause a global change, because the larger more powered countries have the ability to in the future expand if they were to desire to.
Cultural Shaping and Economic Outcomes:
- I believe culture is extremely important and has a great effect on the economy. People have deep beliefs into their culture and will not part with their beliefs, so they effect the market based on their beliefs. For example a cultured society of vegetarians would boost the green produce market but would negatively effect the meat market. It also depends on their beliefs of trade, whether the country/culture believes in trading with other countries, or isolating themselves and finding ways to live within their own borders.
Monday, April 2, 2012
Spain Stats Pt. 2:
-Natural Resources:coal, lignite, iron ore, copper, lead, zinc, uranium, tungsten, mercury, pyrites, magnesite, fluorspar, gypsum, sepiolite, kaolin, potash, hydropower, arable land
- Labor: services (70.7%), industry (14.1%),construction (9.9%), agriculture,farming and fishing (4.5%), energy(0.7%) (Sep. 2009)
Labor force includes 23.1 million as of April 2011
-Exchange Rate: $1 US= .74966 Euro
National Income:
-Consumption: Low 10%: 2.6%
High 10%: 26.6%
-Investment: 21.7% of GDP (2011). Ranks 100 in comparison to the world.
Could not find Capital Resources of Spain or the Government section in National Income.
-Natural Resources:coal, lignite, iron ore, copper, lead, zinc, uranium, tungsten, mercury, pyrites, magnesite, fluorspar, gypsum, sepiolite, kaolin, potash, hydropower, arable land
- Labor: services (70.7%), industry (14.1%),construction (9.9%), agriculture,farming and fishing (4.5%), energy(0.7%) (Sep. 2009)
Labor force includes 23.1 million as of April 2011
-Exports: $221.1 billion (2006)
: Machinery, motor vehicles, foodstuffs, pharmaceuticals, medicine and other consumer goods
: France (19.3%) Germany (11.4%) Portugal (9.6%) UK(8.4%) Italy (8.4%) US(4.1%) (2005)
-Imports: $324.4 billion (2006)
: machinery and equipment, fuel chemicals, semifinished goods, consumer goods, measuring and medical control instruments
: Germany (15.3%) France (14.7%) Italy (8.6%) UK(5.8%) Netherlands (5%) China (4.2%) -Exchange Rate: $1 US= .74966 Euro
National Income:
-Consumption: Low 10%: 2.6%
High 10%: 26.6%
-Investment: 21.7% of GDP (2011). Ranks 100 in comparison to the world.
Could not find Capital Resources of Spain or the Government section in National Income.
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