"The development in which all kinds of places on earth are becoming increasingly connected."
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History of Globalisation
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Stage I: voyages of discovery
Stage II: Industrial colonisation
Stage III: decolonisation
Stage IV:
Free market economy
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History of globalisation
Colonialism =
countries conquer other areas, because of economic goals
Imperialism =
countries conquer other areas, because of political and cultural goals (government system, religion, values, language)
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How do we measure wealth? #2
You can also look at the distribution of workforce (= beroepsbevolking) across economic sectors
Workforce comprises people ages 15 and older who supply labor for the production of goods and services during a specified period. It includes people who are currently employed and people who are unemployed but seeking work as well as first-time job-seekers.
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#1: Primary sector
The primary sector includes all professions in which people get something from nature. Most people in the primary sector are farmers. They use the soil and plants to produce food. But the
primary sector is more than just agriculture. We also include fishermen and hunters. There are also companies that extract coal, oil, natural gas or ores from the ground. There are many companies in the Netherlands that extract sand, clay and gravel from rivers. We also count them as part of the primary sector.
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#2: Secundary sector
In the secondary sector, people and companies process the products from the primary sector. This mainly includes all factories, whether they make frozen pizzas or agricultural machinery. That's why it's called
secondary sector also called industry. People who make things outside factories also belong to the secondary sector. Think, for example, of bakers, construction workers and furniture makers.
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#3: Tertiairy sector
All people who provide a service belong to the third or tertiary sector. Those are people who don't make something you can hold. In the Netherlands, by far the most people work in this sector.
This includes teachers, doctors, lawyers, truck drivers, advertisers, shop assistants, IT specialists, and so on.
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There is more in life than wealth
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Measuring Human Development
Basic necessities
Food, housing, healthcare, education
Human Development Indicators
Infant mortality rate
Literacy rate
Physician density
Life expectancy
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www.statista.com
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Core
Semi-periphery
Periphery
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Core
The economy is mainly based on services (tertiary sector);
There is a lot of (technological) knowledge and capital available;
Focused on the profitable sides of the production chain, for example design and marketing;
High average income.
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Semi-periphery
The economy is strongly focused on industrial activity (secondary sector), but there is often a growing service sector as well;
Benefits from the extension of the production chain. The manufacturing industry is located here;
There is often strong economic growth and the average income is rising (for example in the BRICS countries). This also leads to growing inequality.
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Periphery
The economy is highly dependent on the primary sector (agriculture, fishing, mining);
Mainly supplies raw materials and (cheap) labour;
economically lagging behind the rest of the world.
Lesduur is: 80 min
