Economic geography, developed vs. developing nations, and quality of life

Examples of technology creating demand
-Some new technologies have created a demand for a particular natural resources.
-Steam engines need coal
-Internal combustion engines need gas.
-marking computer

Costs and benefits from using natural resources
-Costs
Resource depletion
Environmental destruction
Health problems

Costs and benefits from using natural resources
-Benefits
Help us produce goods and services
Creates employment opportunities
Helps develop new technologies

The effects of unequal distribution of resources
-Because resources are distributed unequally around the world it causes several things to happen
-Interdependence of nations;countries must trade with each other to acquire the goods they do not possess

The effects of unequal distribution of resources cont.
-Uneven economic development (rich and poor countries)
-Energy producers and consumers
-Imperialism (one country domination another)
-Conflicts over control of resources

Differences between developing and developed nations
-Developed nations have better access to natural and capital resources
-Developed nations have more investment in technology and have created better infrastructure

Differences between developing and developed nations cont.
-Developed nations have more skilled labor
-Developed nations have a higher level of economic development
-Developed nations have a higher standard of living and a higher quality of life

What are the indicators of economic development
-Development nations are generally urban
-Most people in developed nations work in secondary and tertiary areas

What are the indicators of economic development cont.
-Most developed nations have a high GDP
-Most developed nations have a highly educated population

Indicators of standard of living and quality of life
High standard of living and high quality of life IF;
-literacy rate is high
-life expectancy rate is high percentage of urban population is high
-infant mortality is low