CDAE 002: World, Food, Population & Sustainable Development
CDAE 002: World, Food, Population & Sustainable Development CDAE 002
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This 2 page Class Notes was uploaded by Molly Skrable on Thursday January 28, 2016. The Class Notes belongs to CDAE 002 at University of Vermont taught by Dr. Shoshanah Inwood in Fall 2016. Since its upload, it has received 486 views. For similar materials see World Food, Population and Development in Human Development at University of Vermont.
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Date Created: 01/28/16
World, Food, Population & Sustainable Development Week 1 Development and Capitalism Development “A process of improvement” -Improve quality of life -Promote higher standards of living -End poverty and hunger -Sustainable Development- 3 ways 1) Economic Growth 2) Human Development (education, health, gender) 3) Environmental Objectives Capitalism -Encourages the production and sale of commodities -“An economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state” -People of Capitalism 1) Capitalists: accumulation of profit 2) Laborers: accumulation of wages 3) Consumers: accumulation of goods Fashion: Consumption and Production Commodity Chain: linkages connecting the many places of production and consumption in a system, in order to make a commodity in the end (Raw Materials à Supplier à Manufacturer à Distribution Kinderculture: role of children in capitalism (Disney World/Land, Build-A-Bear, American Girl Doll…etc) Externalities: a side effect or consequence of an industrial or commercial activity that affects other parties without this being reflected in the cost of goods or services - Externalities can cause market failure if the price mechanism does not take into account the full social and/or environmental costs/benefits of production and consumption o Positive: ipads for kids in school (with extra money) o Negative: pollution (not taking into account environmental benefits) Globalization: development of an increasingly integrated global economy marked by free trade, free flow of capital, and having access to cheap foreign labor markers - Interdependence: sense of equality in the markets o “I depend on you, you depend on me” - Interconnectedness: impacts on difference societies o Global relations are asymmetrical § Produces winners and losers What should you consider the country of origin of the tshirt you are wearing? -Labor Laws -Environmental regulations -Regional development -Local/national development Ex) Maquiladoras (Mexico) - Assembly plants in developing countries, often involving textiles, electronics and auto parts that can be assembled with low skilled workers -Social, economic and environmental impacts
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