Unit Five Economy Flashcards

1
Q

What is the linear economy

A

Linear economy has been there for a very long times we have to change now, cheapest option is the batteries, extract make use trash, highways level, examples include dishwasher companies are through old machines away

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2
Q

What are rare earth elements

A

Rare earth elements are relatively ubandant but not easily extractables and are finite

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3
Q

MNC

A

international corporation taht has its head quarterns in one country but operates in several other countries

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4
Q

costa rica agribuissnes stats

A

in costa rice 68% of the pinapple production is controlled by two gloabl countreis del monte and dole control ( this allows teh two countries to set prices and establist production systems with contreversial impacts)

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5
Q

cicrcular economy (3) (what ?, how , goal)

A

A circular economy is an economic system that aims to minimize waste and promote the efficient use of resources. In a circular economy, resources are kept in use for as long as possible, through strategies such as reuse, repair and recycling. The goal is to create a closed loop system where materials are constantly reused and waste is minimized.

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6
Q

jakarta, landfil stat

A

bantar gebang, 3000 familes live and work + 9000 tonnes of waste everyday

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7
Q

Circular Economy Case Study - The Netherlands

A

The Netherlands has embraced the concept of a circular economy and has set a goal to become fully circular by 2050.

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8
Q

Circular Economy Case Study -China

A

China is one of the world’s largest users of recycled materials, with the country consuming 65% of global recycled metals.

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9
Q

linear economy - brazil

A

According to the World Bank, Brazil generated 79.9 million tons of solid waste in 2018, with only 3% of that waste being recycled.

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10
Q

circular ceonmy apple - 1.5

A

Apple has created a robot called Liam, which is capable of disassembling used iPhones and separating their various components for reuse. Liam can disassemble an iPhone in just 11 seconds, recovering materials such as aluminum, copper, gold, silver, and platinum.

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11
Q

fashion linear - 3

A

The fashion industry is responsible for 10% of global carbon emissions and 20% of global wastewater. In the United States, only 15% of used clothing is donated or recycled, while the rest ends up in landfills.. The average American generates around 80 pounds of textile waste each year, with only about 15% of that waste being donated or recycled.

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12
Q

econoic growth

A

Economic growth refers to the increase in a country’s production of goods and services over time

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13
Q

Gross domestic product (GDP)

A

the total value of goods and services produced in a country over a specified period of time

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14
Q

Industrialization

A

: the process of developing industries in a country, which can lead to increased economic growth.

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15
Q

china nike economy

A

In China, Nike’s sales revenue has increased steadily, reaching over $4 billion in 2020. Nike’s presence in China has also led to the creation of jobs in the manufacturing sector.

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16
Q

nike : Cultural impacts (positives)

A

Nike has had a significant cultural impact, particularly in the realm of sports and fashion. Nike’s marketing campaigns and iconic “swoosh” logo have become synonymous with sports culture worldwide.

17
Q

nike cultual con

A

, Nike has also been criticized for cultural appropriation, particularly in its use of Indigenous motifs in its products. In 2019, Nike faced backlash from Indigenous communities in North America for its use of traditional designs in a sneaker line.

18
Q

nike enviornmental con

A

In 2019, Nike emitted over 3 million metric tons of CO2 equivalent from its operations, and its products generate significant waste, particularly in the form of discarded footwear.

19
Q

mexico to US migration : demoraphic stats 2

A

in 2019, there were 11.2 million unauthorized immigrants in the United States, and approximately 4.9 million of them were from Mexico. , approximately 25% of all US immigrants being from Mexico. In addition, approximately 36% of all Mexican immigrants in the United States are undocumented.

20
Q

mexcio to us migration economic stats 3

A

Mexican immigrants own more than 700,000 businesses in the United States, generating more than $17 billion in annual revenue, they paid $132 billion in taxes, In 2019, Mexican immigrants sent approximately $38.4 billion in remittances to Mexico, which is equivalent to about 2% of Mexico’s GDP

21
Q

mecico to us negative economy

A
  • According to one study, immigration from Mexico has reduced wages for low-skilled American workers by about 4%
  • increased competition
    -staring public services
22
Q

Mexico to US SOCIAL IMPACTS

A
  • strain on social services and public resources (US)
  • brain drain ( Mexico )
    • again population and decline labour force (Mexico)
  • 64% of Hispanics adults in Teh US a report facing discrimination due to their ethnicity
23
Q

Cultural impacts of teh Mexico to US migration

A
  • introduction of new languages allowing for a more interconnected world (Spanish is teh second most spoken language in Teh US)
  • new cultures and tradition diversify teh cultural land spaces of teh US
  • Howver in another cases it can a,os lead to significant cultural conflict as value systems clash ( Islam in America)
  • challenges traditional ideas of National identity