GEO 702 Study Guide - Final Guide: Dete, Underemployment, Genuine Progress Indicator
31 May 2016
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Tool 1: gpi calculation & de-growth: gpi: genuine progress index (holistic), used by government and communities, measures the real costs and bene ts of economic activity. Gpi calculates if the initial investment of anything is worth it later on: defensive expenditures: response to a drop in social well-being (guns, depletion of non-renewable natural resources. Tuesday, may 10, 2016: time accounting, costs of large-scale environmental degradation, understanding de-growth". As gdp increases, so does overall consumption for a nation. Therefore, resources and energy are being consumed quicker, impacting the world. De-growth is slowing down that process in order to slow down the consumption, unemployment, economic turmoil of a place. Gpi acts as mediator" for economic, social, geographical and political factors to understand gdp. Tool 2: find the correct political-economic approach: pick an approach that both targets socio-economic and environmental concerns. Tool 3: use of redemptive technologies: 3 rules to consider. Technology is not neutral (ex: guns in america, either bad or good)
