The syllabus tells us to study an economic activity but doesn't tell us which one to study!
We will be focusing on viticulture as our global economic activity.
Syllabus
Students learn about:
Global Economic Activity
• a description of the nature, spatial patterns and future directions of ONE economic activity in a global context. The economic activity selected can be from a wide range of activities such as wheat farming, hydroponics, viticulture, textiles, tourism, advertising, retailing, wholesaling, information technologies, financial and business services industries
• factors explaining the nature, spatial patterns and future directions of the selected economic activity such as
– biophysical: climate, soils, topography, site
– ecological: sustainability and resource use
– economic: competitive advantage, consumer demand, mobility of labour and capital
– sociocultural: tradition, changing lifestyles, labour participation rates
– organisational: ownership, decision making and control
– technological: transportation, information transmission and flows, biotechnology
– political: quotas, tariffs, compacts, agreements
• the environmental, social and economic impacts of the economic activity such as pollution, resource depletion, labour exploitation, cultural integration, provision of infrastructure, job creation, transfer pricing.