{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

15. Democratization of Consumption

15. Democratization of Consumption - Prof Turner The Earth...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Prof. Turner The Earth Transformed 10.30.07 I) Democratization of Consumption 1) Think about: a ½ total world wealth = 6% total P globally b 20% of world population in highest income countries = 86% of total private consumption expenditure c Poorest 20% globally = 1.3% of total private consumption expenditure d US = 6% global population but consumes 30% of the natural resources (i) Richest 1/5 of global population Consumes 45% of all meat and fish Consumes 58% of total energy produced Has 74% of all telephone lines Owns 87% of world’s vehicle fleet (ii) Poorest 1/5 of global population Consumes 5% of all meat and fish Consumes 5% of total energy produced Has 1.5% of all telephone lines [cell?] 2) Gini Coefficient a Measure of difference between have and have-nots (for equality of something, as in income) b World Gini Coefficients (i) 0.2 in “social-command” economies (lower but rather equal lifestyles) (ii) 0.6 in elite-controlled SA countries c Current Gini Coefficients (i) Cuba 0.22 (from 0.55)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 3

15. Democratization of Consumption - Prof Turner The Earth...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon bookmark
Ask a homework question - tutors are online