584 B
584 B
Economic Development Spatial Patterns
Definition
The predictable geographical arrangements of economic development that emerge based on market access, transportation costs, and the division of labour. Economic development spatial patterns show how economic activities cluster in certain locations while avoiding others.
Source Chapter
Book I, Chapter 3
Context
Smith describes clear economic development spatial patterns: industry clusters along coasts and navigable rivers, specialisation increases with market size, and economic backwardness characterises isolated