Growth Of Middle Class In Emerging Flashcards

1
Q

Will middle class grow in developed nations?

A

No, middle class will remain static in USA and EU. Already wealthy.

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2
Q

Pressure on resource factors in emerging

A

Population growth in India, China and Brazil

Global middle class expected to rise by 5 billion by 2030.

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3
Q

Middle class demand calls for more…

A

Rare earths - 80/90% produced in china

Food - Meat consumption

Oil - 2015 USA used 19 million barrels of oil a day

Water - dishwashers, baths and pools

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4
Q

Increased demand leads to…

A

Higher prices on resources

Non-rewenables are used up

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5
Q

Rising middle class effect on environment

A

more mining, oil drilling and deforestation to access raw materials

increased carbon emissions from higher energy consumption and more factories

problems disposing of consumer waste in landfill sites and incinerators

more use of water, and therefore more polluted waste water

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