The chapter 20 summary for unit 7 but dummed down :)
Recent economic changes include international trade and growing interdependence among countries in the world economy.
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Supranational Orgs. foster greater globalizatinos trough relationshhips and agreements, which reorganized the world into economic based regions.
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economic growth has led to deindustrialization in many core countries.
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Tariffs are used to protect dometsic industry, but they increase the price of imported goods, they sometimes lead to trade wars [exports are taxed heavier by other countries].
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global economies have become more closely related
- the global finacial crisis of 2007-2008 demonstrated the interconnectedness of the worldâs financial and economic systems.
- powerful core countries made an international division of labor through imperialism. this economic landscape has been changed by a new international division of labor where the periphery have lower paying jobs; core countries have decentralized; new regions and countries across the globe have new developed new specialization; and the service sectors, high tech industries, and growth poles came up.
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offshore outsourcing and economic restructuring led to economic development in peripheral conutries
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in countries outside core, the growht of new economic activites resulted in the creation of new manufacturing ones and export processing zones.
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sustainable environment policies try to amend problems that come from the depletion of natural resources and mass consumption.
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the UN adopted 17 sustainable development goals that reduce disparities in all types of countries.
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Sustainable development strategies include ecotourism-- designed to generate revenue through tourism without impacting the environment.
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Principles of Ecotourism
Ecotourism is about united conservation, communities, and sustainable travel. those who implement, participate in, and market ecotourism activities generally adopt the following ecotourism principles.
- minimize physical, social, behavioral, and psychological impacts on the local area.
- build environmental awareness and cultural repects among visitors.
- provide positive experiences for both hosts and visitors
- provide direct financial benefits for conservation
- generate financial benefits for both local people and private businesses
- deliver memorable experiences to visitos that help raise awareness to hoy countriesâ political, environmental, and social policies and customs
- design, contruct, and operate low environmental impact facilities
- recognize the rights and spiritual beliefs of local indigenous people and work in partnership with them to create empowerment.
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