Growth Of Middle Class In Emerging Flashcards
Will middle class grow in developed nations?
No, middle class will remain static in USA and EU. Already wealthy.
Pressure on resource factors in emerging
Population growth in India, China and Brazil
Global middle class expected to rise by 5 billion by 2030.
Middle class demand calls for more…
Rare earths - 80/90% produced in china
Food - Meat consumption
Oil - 2015 USA used 19 million barrels of oil a day
Water - dishwashers, baths and pools
Increased demand leads to…
Higher prices on resources
Non-rewenables are used up
Rising middle class effect on environment
more mining, oil drilling and deforestation to access raw materials
increased carbon emissions from higher energy consumption and more factories
problems disposing of consumer waste in landfill sites and incinerators
more use of water, and therefore more polluted waste water
