IAS (Admin.) Mains Geography Economic Geography-World Resources and Their Distribution Study Material (Page 8 of 31)

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Theories of Resource Geography: L. C. GRAY, Ludwig Von Misses, F. a. Hayek: Pure Capital Theory, Functional Theory: Dynamic Concept

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L. C. GRAY

  • In 1913, in his article for The Quarterly Journal of Economics, on resource conservation, he insisted economists to develop a theoretical basis which can solve the problem of resource conservation. He stated that, conserving is the prospecting of resources for future with a view point of their utilisation. The principles reflected in his theory are;
  • Fixed, Objective Supply: Gray said, resources like minerals are of fi…

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Models in Resource Geography: Introduction, Significance of Model, Needs for Modelling in Geography, Features of a Model

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Introduction

  • Neo liberal era in the geography witnessed its shift from a mere subject to a perspective with model building became possible in the discipline. Model is a structured idea which can represent different variables, their inter relations and inter dependence along with the culminating result of their cumulative operation together.
  • The important aspect of a model is that it can help in predicting the future. Some geographers had defined models as given below;
Models in Resource Geography

Significance of Model

  • Geography studies all the attributes of the earth in relation to man. It studies how nature allows and restricts the growth of …

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