Modern business geography

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Monograph

Identifikator:: 1830562916

URN:: urn:nbn:de:zbw-retromon-217337

Document type:: Monograph

Author:: Huntington, Ellsworth http://d-nb.info/gnd/117070092; Cushing, Sumner W.

Title:: Modern business geography

Place of publication:: New York [usw.]

Publisher:: World Book Company

Year of publication:: 1930

Scope:: VIII, 352 S.; Ill., graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Part four. The field of consumption

Collection:: Economics Books

The United States as a Market 289 vania and other states have coal; and the northeastern states have all sorts of manufactured goods. Every state supplies something, and the facilities for communication are so good that products can easily be carried from one state to another. In fact, this exchange of goods is s0 extensive that the value of the domestic trade of the United States alone is estimated to be equal to the entire foreign trade of all countries. Imports from Foreign Countries. In spite of the fact that the do- mestic trade of the United States has a value of perhaps forty or fifty billion dollars a year, this country imports three or four billion dol- lars’ worth of goods each year, and exports a still larger amount. There are at least five chief reasons why the country imports goods instead of producing them: (1) The United States lacks a suitable climate for some products. (2) It lacks certain mineral deposits. (8) Our labor costs are high. (4) We lack the skill necessary to produce certain goods abundantly and cheaply. '5) The home supply of some goods is not great enough to meet the home demand. HOW OUR CLIMATIC CONDITIONS EXPLAIN CERTAIN IMPORTS Since the United States does not extend into tropical regions, it has to import all products that require a continuously warm climate. Hence coffee, rubber, Manila hemp (abac), sisal, cacao, and tropical fruits and nuts are brought into the country in great quantities. South- ern Brazil sends most of our coffee; the Amazon basin, considerable rubber; the Philippines send Manila hemp; Yucatan, the sisal; Ecuador and the Amazon basin, most of the cacao; and the West Indies and Central America, the tropical fruits and nuts. Thus, with the exception of hemp, most of our chief needs for tropical products are supplied by fairly near neighbors. But if we were to trace back to its source every tropical product consumed in the United States, we should be taken into every land within the torrid zone. HOW THE LACK OF CERTAIN MINERAL DEPOSITS ACCOUNTS FOR OTHER IMPORTS Nature has been generous in endowing the United States with great quantities of many kinds of minerals. A few of the less important ones, however, are lacking. The chief of these are tin, precious stones. ni- trate of soda. and potash.

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