GEOG 210 Lecture Notes - Lecture 2: Dependency Theory, Social Capital, Glocalization
Document Summary
Gdp the sum of all the finished goods and services produced within a country"s borders in a specific time period. Europe, australia, north america have highest gdp"s. Gnp economic activity but not concerned with location but nationality. Picture looks different with gnp than gdp. Hdi more than just economic progress. Includes standard of living measured by gni, knowledge measured by mean and expected years of schooling. Lastly long and healthy life measured by life expectancy at birth. Ihdi - inequality-adjusted human development index - Improve quality of life for those who want to but have to take other things into account such as the fact no everyone wants to develop. These three things combine to form sustainable development. Primary, secondary and quaternary changes in workforce as time goes on. Modernization theory shows traditional, preconditions for take off, drive to maturity and then high mass consumption. Von thunens concentric city distance from central market and land use.
