GEOG 216 Lecture Notes - Lecture 15: Food Energy, Technological Change, Economic Geography
Document Summary
Geography of the world economy october 19th, 2015. Karl marx argues that there are enough resources to go around, that distribution is. Technological change allows us to increase our capacity for sustenance from the the main issue. It isn"t resource scarcity, it"s social scarcity that is the problem world around us fertilizer, irrigation, plows etc. The third view is the (cid:498)ultimate resource view(cid:499) Also said that malthus is wrong because human ingenuity of the ultimate. The other way to increase capacity is through trade natural resource. They bet on whether the price of five key metals would increase or decrease. Ehrlich said that everything would get more expensive. Simon said it would stay the same or go lower. The bet was for the difference in value wound up being about . Whether which one of the views is correct isn"t the key issue. For example if you are malthus you would restrict population cuz that would help.