Tertiary sector, consumerism and regional planning
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1973-03Author(s)/Corporate Author (s)
Kayode, M. O.;United Nations. Economic Commission for Africa. African Institute for Economic Development and Planning(IDEP);
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Much has been written on the location of economic activities in all the sectors of an economy. Two observations, with the same implication, are worth noting from what is contained in the literature. There is, first, the greater emphasis on the location of activities in the secondary sector than in any of the other two sectors. Secondly, location has been analysed, in most cases, from the viewpoint of the operator (entrepreneur) and the objective has therefore been that of identifying the optimal location for human activities given the objective of maximizing net returns to the operator. The ultimate objective of planning is the individual and not just individuals in the collectives. Development planning's preoccupation is with individuals in an economy as a unit, hence the emphasis on aggregate growth rate. It is the contention of this paper that the inclusion of tertiary activity as an element in regional planning may lead to a different distribution pattern of economic activity and indeed may affect the optimum number of growth centers for an economy at any given point in time.
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“Kayode, M. O.; United Nations. Economic Commission for Africa. African Institute for Economic Development and Planning(IDEP) (1973-03). Tertiary sector, consumerism and regional planning. Dakar. © UN. IDEP. https://hdl.handle.net/10855/42406”Collections
- Economic Development [8071]