SOC 023 Study Guide - Final Guide: Gross National Income, Bottom 10, Property Income
Document Summary
Population and sustainability: countries with highest per capita income are mostly in the north: usa, western europe, Middle east and australia: economic development: represents growth in terms of average income per person. Increasing well-being however, requires more use of resources. Gni can be measured in currency at exchange rates or in ppp (purchasing power parity): chinese yuan is undervalued by 41% relative to usd. Switzerland, norway, sweden and denmark are overvalued compared to usd. Today, 1. 6 billion hectares is available, but the population is three times that in. 445 hectares per 1000 people of arable and permanent cropland in 1961 is now 222 (2011). 52 hectares per 1000 people of area equipped for irrigation is now 45 (2011) 1 hectare of land had to feed 2 people in 1960 and it will have to feed 5 people in 2050: green revolution: norman borlaug developed new wheats in 1940 to 60.
