EQ3 What are the consequences of globalisation for global development and the physical environment and how should different players respond to it's challenges Flashcards

1
Q

How much has the share of global wealth for the richest 1% increased between 2009 and 2016?

A

From 44% to 99%

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2
Q

How many people live on less than $1.25 a day (absolute poverty)?

A

1 billion

  • this is when income is too low for basic human needs to be met
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3
Q

Why do the already-rich take a disproportionate share of new economic growth?

A

In the best position to invest their capital into new opportunities (e.g. properties in London 3x in value 2005-2015)

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4
Q

By how much as global absolute poverty decreased since the Millennium Development Goals in 2000?

A

Levels of absolute poverty have halved - instead people are pushed into relative poverty

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5
Q

What is GDP per capita and what is it commonly used for?

A

The value of the output of goods and services within a nation, divided by the population

  • used to give a rough estimate of national income
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6
Q

What 3 factors make GDP an inaccurate measure?

A
  1. Doesn’t account for informal sector
  2. Exchange rates skew data (converted into US$)
  3. Due to Purchasing Power Parity (PPP)
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7
Q

What are the 4 economic sectors?

A
  1. Primary
  2. Secondary
  3. Tertiary
  4. Quaternary
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8
Q

How did Nigeria’s economic sector balance change from 2009-2013?

A
  • Agriculture (primary) reduced from 35% to 22% of GDP
  • ICT (tertiary) rose from 1% to 9% of GDP
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9
Q

What is HDI?

A

Measure of development taking into account economic (GDP PPP per capita) and social (life expectancy and literacy) factors

  • it gives a value between 0 (undeveloped) and 1 (developed)
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10
Q

What does the Gender Inequality Index measure?

A
  1. Reproductive health
  2. Empowerment (e.g. parliamentary seats held by females)
  3. Labour force participation (Male + Female over 15)
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11
Q

Where have average incomes risen the slowest since 1950?

A

The poorest parts of Africa

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12
Q

What % of the earths land has bene transformed into agricultural land, and what has the impact been?

A

40%

  • habitat loss and biodiversity decline
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13
Q

What are examples of the most damaging agricultural activities?

A
  1. Cash-cropping (mono-farming for the most profitable yields)
  2. Cattle-ranching
  3. Aquaculture (depletion of groundwater for irrigation)
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14
Q

How high was the daily wage in Asia by 2010?

A

$20 a day - well over the $1.25 threshold of absolute poverty

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15
Q

Why is North Africa more ‘switched on’ than many other parts of the country?

A

Colonial past and proximity to Europe makes it a key area for French Outsourcing

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16
Q
A