Industrial & Economic Development |

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Feb 15 2011, 9:27 AM EST (current)	Sserrano	1 word added, 1 word deleted
Feb 24 2010, 11:45 AM EST	Sserrano

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20102011 Economic & Development Calendar

Class Handouts
Commodity Chain Write-Up
Weber's Least Cost Theory Wkst
Industry and Economic Development Unit Essay
Powerpoint for Unit

Video Clips
Frontline: Congo: On the Trail of an AK-47

Very Important Information

Weber's Least Cost Theory
Part of general location theory, pioneered by Prussian landlord Johann von Thünen (1783–1850) and later by German economist and sociologist Alfred Weber (1868–1958); this posits that agriculture and industry locate their activities as close to their markets as possible, thereby achieving the least cost of transport for the goods they produce.

Weber's Least Cost Theory

Part of general location theory, pioneered by Prussian landlord Johann von Thünen (1783–1850) and later by German economist and sociologist Alfred Weber (1868–1958); this posits that agriculture and industry locate their activities as close to their markets as possible, thereby achieving the least cost of transport for the goods they produce.