Criticism of Von Thunen Model is based on its unidimensional character which is based in a medieval European setting. In Europe, the cropping intensity declines away from North-Western Europe. Similarly, the land-use zones are elongated along the cross-continental railways. The cropping intensity declines as one moves away from these modes of rapid transport. Due to … Read more
Von Thunen Model of land use and rent was given by J.H. Von Thunen, a German. He observed and analyzed the receipts of rent and distribution of agricultural activities in and around his estate in Rostok, Maclenburg, Germany and came to propose his model to determine the land-use around a city. Basic Idea of Von … Read more
Theory of comparative advantage of trade explains that why different countries specializes in export of only fewer goods despite having all types resources. What is Trade? The exchange of goods and services between two or more parties is called trade. The trade is of two types i.e. Internal Trade and International Trade. The internal trade … Read more