GEO 103 Lecture 1: GEO 103 Lecture 1
Document Summary
Methods of mass production (development of the assembly line) Globalization (reduced trade barriers, access to cheap labor) Methods of mass destruction (fishing vessels, clear-cut logging, mt removal mining) More common, individual actions to lower consumption. Shopping our way to safety and a healthier planet. Buying products to reduce your exposure to toxic threats and to reduce environmental impact. An individual response to a collective threat. Problems lies with individual acting as a consumer. A resigned, fatalistic way to deal with environmental problems. Focuses on consumers rather than as citizens. Econ. system in which employers hire workers to produce goods and services that will be marketed and sold for a profit. Employers own the tools used by employees and the commodities produced ( means of production ) Primary objective is the accumulation of capital. Produced for exchange value not use value. Companies must continue to innovate to keep up with the competition. Economy is a machine for economic growth.