Editing Economic Geography (section)

== <span style="color: #FFFFFF;">Remembering</span> ==
* '''Economic Geography''' — The study of the location, distribution, and spatial organization of economic activities across the world.
* '''Silicon Valley''' — The most famous "Economic Cluster" in the world, where thousands of tech companies live together to share ideas.
* '''Global Supply Chain''' — The complex network of people, companies, and transport that moves a product from raw material to a customer.
* '''GDP (Gross Domestic Product)''' — The total value of all goods and services produced in a place (often shown as a "Map of Light" from space).
* '''Core-Periphery Model''' — The idea that the world is divided into a "Core" (rich, industrial countries) and a "Periphery" (poor, resource-providing countries).
* '''Comparative Advantage''' — When a place can produce a specific good more efficiently than its neighbors (e.g., Chile has a comparative advantage in copper).
* '''Special Economic Zone (SEZ)''' — An area in a country (like Shenzhen in China) that has different, more "Business-friendly" laws to attract foreign investment.
* '''Distance Decay''' — The principle that the "Interaction" between two places decreases as the distance between them increases.
* '''Outsourcing''' — Moving a company's work (like a call center or factory) to a different country where labor is cheaper.
* '''Agglomeration''' — The benefit that companies get by being "Clustered" together in a city.
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