Mind map
Mydral's Model of Cumulative Causation
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Mydral's Model of Cumulative Causation
What?
- Offered an explanation for why regions with lower levels of development may find it difficult to break out of an unequal relationship with more powerful neighbours.
- Economically powerful areas have greater access to a larger market and coompanies to benefit the economy on a macro (large scale) level.
Introduction of a new industry
- Creates more jobs
- Also increases purchasing power
- Creates more jobs
Improved pool of trained labour
- Increases the demand for public services e.g. schools, healthcare and shops etc.
Influx of population e.g. immigration
- Greater wealth of local people
Increased income from taxes and more people
- Increases spending power available.
New construction activity
- Growth of teritary sector
Area becomes a growth pole
- Results in new invention and innovation
Attractions of linked industry
- Backward linkagges to firms supplying raw materials
- Forward linkages to firms further processing the product.
Information
- Description
- Mind Map on Mydral's Model of Cumulative Causation, created by Sarah Mather on 16/06/2013.
- Created by
- Sarah Mather
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