EQ2 Increasing demand for resources Flashcards
What has driven most growth in recent years?
Rapid rates of industrialization
This industrialization requires significant energy and raw materials.
What is the impact of the emerging multi-polar world on resource demand?
Dramatic increase in demand for resources
This is due to a variety of global and regional superpowers.
What is the primary driver of China’s growing demand for raw materials?
Emerging middle class
This demand is overwhelming and significantly impacts global markets.
What percentage of the increase in global sea traffic since 2000 has China accounted for?
90%
This statistic highlights China’s significant role in global trade.
What was the global population in 2024?
8.1 billion
How much coal was produced globally in 2024?
8.77 billion tonnes
What was the global production of copper in 2024?
23 million tonnes
By how much did the global middle class grow between 2000 and 2014?
500 million
What are the implications of future growth in middle class consumption?
Increased demand for resources
This growth is particularly noticeable in emerging superpowers.
What is crude oil primarily used for?
Making plastics
Name two rare earth metals used in mobile phones and computer components.
Copper, Gold
These metals are essential for modern electronics.
What are lithium ion batteries commonly used in?
Phone batteries
True or False: All rare earth metals are renewable resources.
False
Rare earth metals are non-renewable and can cause environmental pollution if not disposed of correctly.
Fill in the blank: The global middle class has grown by _______ between 2000 and 2014.
500 million