This paper helps the student know about the various economic aspects of the world. It helps them study about the various natural resources, crops and minerals etc.
Sectors of Economy
Primary, Secondary, Tertiary, Quaternary activity, Natural Resources: Definition, Classification, Distribution, exploitation and conservation of Soil, Fisheries and Water (River).
Geography of Primary Production
Agriculture: Wheat, Rice, tea and Coffee. Classification of World Agricultural types. World distribution
Production and uses of Minerals: Metallic (Iron, Aluminum, Copper, Lead and Zinc) and Non- Metallic (Bauxite, Graphite and Gypsum) Exploitation and conservation of mineral resources.
Energy Resources
Conventional energy resources; distribution and production of coal, petroleum and natural gas. Non-Conventional sources of energy, Hydro-electricity, wind and solar.
Introduction to the major regions and developed (U.S or Japan) and developing (Brazil or China) countries of the world: Major vegetation, soil, agriculture and trade systems in the world.
International Trade and Transport
Major routes and modes, Role of international and Regional organizations in shaping the world economy. Study of WTO, EU, SAARC, ASEAN