Questions and Answers
What are the eight Millennium Development Goals established by the UN?
What is the poverty line in the Philippines?
₱100,534 a year, around ₱275 a day
The UN aims to eliminate extreme poverty for all people by 2030.
True
How many people live in extreme poverty according to the UN?
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Which of the following factors contributes to the reduction of extreme poverty?
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What is economic globalization?
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What is protectionism?
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The Industrial Revolution hastened economic development and led to the increase in global __________.
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What are tariffs?
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What is an effect of economic development?
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Which country is the second biggest producer of fruits and vegetables in the world?
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Study Notes
Millennium Development Goals
- Established by the United Nations in the 1990s, aimed for achievement by 2015.
- Eight goals focused on global issues:
- Eradication of extreme poverty and hunger
- Universal primary education
- Gender equality and women's empowerment
- Reduction of child mortality
- Improvement of maternal health
- Combating diseases like HIV/AIDS and malaria
- Ensuring environmental sustainability
- Global partnership for development
Poverty and Extreme Poverty
- In the Philippines, the poverty line is set at ₱100,534 annually, or ₱275 daily.
- Extreme poverty defined as severe deprivation of basic human needs, affecting 836 million people globally, down from 1.9 billion.
- The World Bank forecasts a drop in extreme poverty to less than 400 million by 2030, assuming continued progress despite climate change concerns.
Factors Reducing Extreme Poverty
- Access to education improves living conditions and opportunities.
- Humanitarian aid supports the most vulnerable populations.
- International organizations like the UN contribute to initiatives for development.
- Economic globalization plays a crucial role by connecting world economies, promoting free trade that benefits developing nations.
Economic Globalization
- Defined as the increasing interdependence of economies due to cross-border trade, capital flow, and technology spread.
Economic Policies
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Protectionism:
- Involves government intervention to promote domestic production over foreign competitors through tariffs and quotas.
- Countries like China, Japan, and the US have faced accusations of protectionist policies.
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Trade Liberalization:
- Focuses on social, economic, and environmental well-being of marginalized producers.
- Goals include worker protection, just pricing, environmentally sound practices, and nurturing North-South producer-consumer relationships.
Sustainability Concerns
- Global trade's main criticism centers on sustainability and the Earth’s resource usage for future needs.
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Sustainable Development:
- Aiming for resource use that meets today's needs while preserving for future generations.
Development Effects
- Positive impacts include enhanced energy utilization, technological discoveries, and advancements in transportation and communication.
- Negative impacts consist of accelerated climate change, persistent global inequality, and environmental degradation.
- The Industrial Revolution accelerated economic development, leading to increased carbon emissions and environmental harm.
Food Security
- India ranks as the second-largest producer of fruits and vegetables globally.
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Description
This quiz explores the United Nations' Millennium Development Goals aimed at improving the global economy and addressing critical issues such as poverty and education. Test your knowledge of how these goals were designed to impact various aspects of health and equality by 2015.
