TMD 103G Study Guide - Midterm Guide: Fast Fashion, Sustainable Development, Industrial Revolution
8 Jan 2019
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A sudden increase in the exchange of knowledge, trade and capital around the world. Changed due to: political- active government; government support/resistance impacts things. Transportation- could visit countries to trade with easier. Communication- spike in technology; world more connected. Trade agreements- taxes, quota systems dissolved and allowed easier exchange. Underdeveloped countries had the manpower to produce. Developed countries used this manpower- cheap labor. New trains, roads etc for workers to get to work. Fast fashion: selling more stu ; economic growth; consumers have more spending capacity. 1900: total textiles 3. 4 million tons for 2bn people. 2010: toal textiles 90 mt for 7bn people. How to make sure resources last for future generations. Sustainable development is development that meets the needs of the present without compromising the needs of the present without compromising the ability of future generations . We can support many, by borrowing from the future, but not sustainably.
