Global Economy Flashcards
What are under United Nations?
• eradication of poverty
• education
• gender equality and women empowerment
• reducing child mortality
• maternal health
• HIV / AIDS, malaria
• environmental sustainability
• global partnership
Poverty line/treshold
UN - deprivation of basic needs
836 M - still living in poverty
1.9 M - probably the rich
deprivation of basic needs
UN / UNITED NATIONS
still living in poverty
836 M
probably the rich
1.9 M
Increasing interdependence of world
Economic Globalization
2 types of Economies
• Protectionism
• trade liberalization
quotas and tariffs
Protectionism
(they protect domestic product)
Protectionism
Easier movement
Trade liberalization
(they promote easier movement of goods)
Trade liberalization
Social economic, environmental well-being of the marginalized
Fair trade
Preservation of resources
Sustainable Development
Two types of Globalization
• beneficial
• destructive
gives development
Beneficial
We always push for development, but forget about to protect environment
Destructive
Forget to protect environment
Environmental Degradation
More faster way on how to produce goods to sustain the needs of the people
Industrial Revolution
Why Industrial Revolution was developed?
Efficiency - quickest - large amount
Because development of country is also needed, to provide jobs for the people
Economic Issues
To sustain the world we live in today
- needs a global view
Environmental Issues
