5 Economic Sectors & Weber's Least Cost Theory [AP Human Geography Unit 7 Topic 2]

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Quiz answers:
Question 1: D
Question 2: C and D
Question 3: B
Question 4: B
Question 5: E

Chapters:
0:00 Introduction
0:20 Economic Sectors
0:31 Primary Sector
0:59 Secondary Sector & Value-added products
1:47 Tertiary Sector
2:47 Sub-Sectors of the Tertiary Sector
2:52 Quaternary Sector
3:12 Quinary Sector
3:38 Sub-Sectors of the Tertiary Sector
3:44 Economic Development & Sectors of the Economy
3:50 Preindustrial Society & Sectors of the Economy
4:08 Industrial Society & Sectors of the Economy
4:25 Postindustrial Society & Sectors of the Economy
4:44 Sweden & Finland & Sectors of the Economy
5:08 Economic Development & Jobs
5:37 Classifying Countries By Economic Development
5:53 Core, Semi-Periphery, & Periphery Countries
6:50 Global Production & Multinational Corporations
7:23 Break-Of-Bulk Points
7:50 Globalization & Development
8:20 Weber's Least Cost Theory
8:36 Transportation Costs
8:44 Labor Costs
8:51 Agglomeration
9:29 Optimal Location Of Production
9:45 Breaking Down The Model
10:05 Bulk Reducing Good & Bulk Gaining Good
11:58 Weber's Least Cost Theory & Optimal Location
12:12 Criticisms of Weber's Least Cost Theory
12:35 Practice Quiz!


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