GGR100H1 Lecture Notes - Demographic Transition, Free Trade, Agricultural Economics
Document Summary
North america is an outlet of europe and the transfer of technology is fairly simple. But you don"t see the same level of transfer taking place in other countries in the world in the developing world. The cost of technology is fairly high especially for developing countries. Free trade is not the same as fair trade; focused more on opening markets than allowing the markets to compete in a fair way- fair trade limits the developing countries economic development. Declining birth and death rates but nothing happening after that. Negative aspects: environment issues: with economic development, there is an increase in consumption [fewer people but greater levels of consumption]. We measure our success in our consumption [houses, cars, tv"s, etc: fewer people, but more strain on the resources, there isn"t an end in this model. Boserup: agricultural economist in the 20th century in north america; post.