asked 180k views
2 votes
3 ideas how economic changes impact societies

1 Answer

3 votes

Answer:

Weber said that four forces affect both cost of distance and spatial development patterns: (1) Changes in information and communication technology that facilitate speedy and inexpensive transfer of ideas across space; (2) innovations in production technology and productivity-enhancing investments that are embedded in the innovations and concentrate production spatially; (3) transportation investments that speed transfer of people and products and movement of innovation across space; and (4) agglomeration economics that favor concentration of people and production across urban space.

answered
User Batuhan Tasdoven
by
8.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.