Global Development: Key Concepts

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Questions and Answers

Which scenario best exemplifies the concept of global sustainability?

  • A developed nation exports its electronic waste to a less developed country for processing.
  • An international agreement ensures that fishing practices allow fish populations to regenerate. (correct)
  • A country prioritizes immediate economic growth without considering environmental impacts.
  • A company rapidly depletes natural resources to maximize short-term profits.

In what way does multilateralism support global development?

  • By prioritizing military alliances over diplomatic solutions.
  • By promoting economic isolation to protect national interests.
  • By allowing individual countries to pursue their own agendas without external influence.
  • By establishing international organizations that facilitate cooperation on issues like climate change and poverty. (correct)

How do global drivers such as technology and population growth most significantly influence global development?

  • They operate independently and have minimal impact on each other.
  • They primarily benefit more economically developed countries (MEDCs) at the expense of less economically developed countries (LEDCs).
  • They can create both opportunities and challenges related to resource management, urbanization, and economic advancement. (correct)
  • They exclusively lead to environmental degradation and increased social inequality.

Which initiative would be most aligned with the Sustainable Development Goals (SDGs)?

<p>An NGO working to improve access to clean water and sanitation in underserved communities. (D)</p> Signup and view all the answers

How does the concept of a 'global village' relate to globalization?

<p>It suggests that advancements in communication and technology make the world feel more interconnected and smaller. (C)</p> Signup and view all the answers

Why is understanding the distinction between the Global North and the Global South important in the context of global development?

<p>It highlights the different levels of economic development and the challenges each region faces, informing targeted interventions. (B)</p> Signup and view all the answers

In what ways could a circular economy contribute to global sustainability?

<p>By minimizing waste, reusing products, and recycling materials to reduce environmental impact. (D)</p> Signup and view all the answers

How might government subsidies impact global markets and economies?

<p>They can distort markets, creating advantages for subsidized industries while potentially harming unsubsidized competitors. (B)</p> Signup and view all the answers

What is the primary difference between climate change and global warming?

<p>Climate change encompasses a broader range of changes in weather patterns and environmental conditions, while global warming refers specifically to the increase in Earth’s average temperature. (D)</p> Signup and view all the answers

How can 'greenwashing' negatively impact global sustainability efforts?

<p>By creating a false impression of environmental responsibility, which can mislead consumers and undermine genuine sustainability initiatives. (A)</p> Signup and view all the answers

Flashcards

Global Development

Improving economic, social, and political conditions worldwide to enhance quality of life and reduce inequality.

Global Sustainability

Meeting present global needs without compromising future generations, balancing economic, social, and environmental factors.

Multilateralism

A system in which multiple countries work together on international issues through institutions and agreements.

Globalization

The increasing interconnectedness of economies, cultures, and societies through trade, technology, migration, and communication.

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Entrepreneurs

Individuals who create, manage, and develop businesses, often taking financial risks to innovate and drive economic growth.

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Sustainable Development Goals (SDGs)

A set of 17 global goals adopted by the UN in 2015 to address issues like poverty, inequality, and environmental sustainability by 2030.

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MEDC

Country with a high standard of living, advanced infrastructure, and a strong economy, typically found in the Global North.

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LEDC

Country with a lower standard of living, limited industrialization, and weaker economic performance, often in the Global South.

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Circular Economy

An economic system focused on minimizing waste and maximizing resource efficiency through reuse, recycling, and sustainable production.

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Climate Change

Long-term shifts in temperature, weather patterns, and environmental conditions, largely driven by human activities such as fossil fuel use.

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Study Notes

  • Global Development enhances quality of life and reduces inequality by improving economic, social, and political conditions globally.
  • Global Sustainability balances economic, social, and environmental factors to meet current needs without compromising future generations.
  • Multilateralism involves multiple countries collaborating on international issues through institutions and agreements, like the UN.
  • Globalization is the increasing interconnectedness of economies, cultures, and societies via trade, technology, migration, and communication.
  • Global Drivers are key forces such as technology, population growth, and climate change that influence global development and change.
  • Global Issues include major challenges that affect multiple countries, such as poverty, climate change, human rights, and economic inequality.
  • Entrepreneurs create, manage, and develop businesses, taking financial risks to innovate and drive economic growth.
  • Sustainable Development Goals (SDGs) are 17 global goals adopted by the UN in 2015 to address issues like poverty, inequality, and environmental sustainability by 2030.
  • MEDCs (More Economically Developed Countries) have a high standard of living, advanced infrastructure, and strong economies, typically in the Global North.
  • LEDCs (Less Economically Developed Countries) have a lower standard of living, limited industrialization, and weaker economies, often in the Global South.
  • The Global North refers to wealthier, industrialized countries, mainly in North America, Europe, and parts of East Asia.
  • The Global South refers to less developed nations, primarily in Africa, Latin America, and parts of Asia, facing economic and social challenges.
  • A Paradigm is a widely accepted model or way of thinking that shapes understanding and approach to an issue.
  • A Circular Economy focuses on minimizing waste and maximizing resource efficiency through reuse, recycling, and sustainable production.
  • A Subsidy is financial assistance from governments to support businesses, industries, or individuals, often promoting economic stability or social welfare.
  • Gross Domestic Product (GDP) measures a country's economic performance by the total value of goods and services produced within a period.
  • Climate Change involves long-term shifts in temperature, weather patterns, and environmental conditions, largely driven by human activities.
  • Global Warming is the rise in Earth's average temperature due to increased greenhouse gas emissions, leading to climate change and extreme weather events.
  • The United Nations (UN) was founded in 1945 as an international organization to promote peace, security, and cooperation among countries.
  • The Industrial Revolution (18th–19th century) was a period of rapid industrialization with technological advancements, mass production, and economic transformation.
  • The Global Village describes the world's interconnectedness through modern communication and technology.
  • Greenwashing is deceptively marketing products or policies as environmentally friendly when they are not genuinely sustainable.

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