What’s covered in this cheat sheet
This infographic covers the core content of Unit 7: Rostow's five-stage model and criticisms; Weber's Least Cost Theory and industrial location factors; Wallerstein's core-periphery world-systems model; dependency theory vs. modernization theory; the four economic sectors (primary, secondary, tertiary, quaternary); development measures (GDP, GNP, HDI, GII, Gini coefficient); deindustrialization and the Rust Belt; special economic zones; globalization and global supply chains; brain drain and technological leapfrogging; and development strategies including microfinance and sustainable development.