The Vance Model is best known for explaining the relationship between transportation and:
Question
The Vance Model is best known for explaining the relationship between transportation and:
Solution
The Vance Model, also known as the Vance Model of Product Life Cycle, is best known for explaining the relationship between transportation and economic development.
Here's a step-by-step explanation:
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The Vance Model was developed by James Vance, a geographer, who was trying to understand how transportation systems influence the economic development of a region.
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According to the model, a region's economic development is influenced by its transportation system. This is because transportation systems determine how easily goods can be moved from one place to another.
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The model suggests that regions with well-developed transportation systems are likely to experience faster economic growth because they can more easily trade with other regions.
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On the other hand, regions with poor transportation systems may struggle to grow economically because it's harder for them to trade with other regions.
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Therefore, the Vance Model is best known for explaining the relationship between transportation and economic development.
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