Lessons 4.1 and 4.2
Completion requirements
Module 6
Module 4 Introduction
Module 4 Introduction
How does economic globalization shape prosperity and sustainability?
| In this module you will analyze the relationship between quality of life, prosperity, and economic globalization. Many supporters of economic globalization promote the opportunities to make prosperity universal for all global citizens. Other views hold that economic globalization creates gaps between those who live prosperously and those who live in poverty. There are individuals and non-governmental organizations that take the position that the maintenance of a high quality of life for a small percentage of the world’s population cannot sustain the needs of those who lack access to the opportunities of economic globalization. The future sustainability of resources, the land, and cultures locally and globally are key issues in the twenty-first century because of the great demand for and the exhaustion of resources and the resulting disparities in quality of life. |  |
quality of life: social, economic, and political conditions that contribute to the satisfaction people have with their lives
The struggle to access food, clothing, and shelter may reflect a low quality of life. A high quality of life may reflect the balance between work and leisure.
economic globalization: a dimension of globalization that refers to the expansion of trade globally and the interdependence of the economies of the world due to the development of global trade networks and transportation and communication systems
universal: available to all members of society
sustain: to maintain a condition with an adequate supply
sustainability: the condition of maintaining the current status into the future