EAE1022 Lecture Notes - Lecture 31: Centralisation, Smog, Sustainable Development

• School: Monash University
• Department: Science - Atmospheric Science
• Course: EAE1022
• Professor: Marion Anderson

Document Summary

Eae1022 lecture 31 - earth, atmosphere and environment. What"s a(cid:374) eco(cid:374)o(cid:373)y: an economy a complex system of organisations, people and institutions that determine production and consumption of goods and services (jobs, products, trade, resources, skills, capital etc). Gdp is king (cid:862)gross do(cid:373)esti(cid:272) produ(cid:272)t is the (cid:271)est (cid:449)ay to (cid:373)easure a (cid:272)ou(cid:374)try"s e(cid:272)o(cid:374)o(cid:373)y. gdp is the total (cid:448)alue of e(cid:448)erythi(cid:374)g produ(cid:272)ed (cid:271)y all the people a(cid:374)d (cid:272)o(cid:373)pa(cid:374)ies i(cid:374) the (cid:272)ou(cid:374)try. (cid:863) Loss of cultural sites from mining (traditional owners, sites of natural beauty: centralisation of power (communities do not control the system and are vulnerable to price rises, changes etc. ) Influence on politics (large vested interests seek to stifle change, innovation) (cid:862)the resour(cid:272)e curse(cid:863) focus our economy on digging up and selling, rather than higher-value services or more advanced products not a long term prospect. "the "environment" is where we live; and "development" is what we all do in attempting to improve our lot within that abode.