12. explain the role of geography in understanding economic systems.
12. explain the role of geography in understanding economic systems.
Answer
Brief Explanations:
Geography affects economic systems in multiple ways. Natural - resource availability based on location impacts industries. Proximity to markets and transportation routes influences trade and production costs. Climate and terrain can determine agricultural productivity and settlement patterns, which in turn affect economic activities.
Answer:
Geography influences economic systems through natural - resource availability, market access, transportation, and environmental factors that shape production, trade, and settlement patterns.