Global Life Expectancy and Economic Inequality

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Flashcards covering key concepts related to global life expectancy, economic inequality, education access, and societal impacts as discussed in the lecture.

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Global Average Life Expectancy 1820

About 29 years.

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Global Average Life Expectancy 2020

Approximately 73 years.

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Factors Increasing Life Expectancy

Improvements in medical technology, sanitation, and nutrition.

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Industrial Revolution Impact

Significantly extended life expectancy through better healthcare and living conditions.

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Access to Primary Education 1820

Only about 10% of the global population had access.

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Access to Higher Education 2020

Approximately 50% of the population in industrialized countries received a university education.

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Wealth Concentration in France 1810

Top 1% held about 30% of total wealth.

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Wealth Concentration in France 1910

Top 1% held about 60% of total wealth.

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Wealth Share Bottom 50% in France 1810

Held 20% of total wealth.

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Wealth Share Bottom 50% in France 1910

Decreased to 10%.

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Means of Production Definition

Assets and resources used to produce goods and services.

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Patrimonial Middle Class

Individuals who inherit wealth and property.

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The Great Divergence

Economic gap between Western Europe and other regions during the 18th and 19th centuries.

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Slavery Impact Today

Long-lasting effects on income distribution and economic opportunities.

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Top 10% Income Share in Sweden 1980

About 25% of total income.

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Top 10% Income Share in the US 2020

Around 30% of total income.

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Income Inequality in Brazil 2020

Top 10% earned approximately 50% of total income.

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Censitary Suffrage System in Sweden

Limited voting rights to property owners.

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Anthropological Revolution

Significant change in societal structures and norms related to wealth.

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Top 10% Wealth Ownership in the US 2020

About 70% of total wealth.

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Gender Representation in Income Earners 1970

About 30% of women in the top 50% of earners.

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Gender Representation in Income Earners 2020

Increased to 50% in the top 50% of earners.