GEOG 1HB3 Lecture 6: Geography 1HB3 - Globaization and Development
Document Summary
The geography of the world economy: spatial variations in terms of well-being. The haves" and have-nots": relative and absolute differences in quality of life and standard of living. Consider the relative and absolute differences in quality and standard of living. The world is marked by striking spatial variations in terms of well-being: the haves and have-nots". These variations exist at numerous spatial scales: e. g. global, regional, national, local. We refer to these variations in well-being terms of levels of development; a continuum: development: a precess of improvement in the material conditions of life, implied here are notations of advancement, modernization, technology, consumption, etc. Typically, we measure development in mostly economic terms: i. e. level of gdp. Countries/regions/ are assessed by their economic power, their accumulations of wealth. We also need to think of development in a broader, more holistic terms: quality of life , equality , and well-being .