Global Economic Trends
The global North includes many
wealthy industrial nations. The global
south includes many developing
• The world is made up of rich
nations and poorer ones. A
land with strong industries and
trade is known as a developed
• Most of its people can read
and write, birthrate is low.
Health services are good.
• A developed nation has a high
standard of living.
• Most developed nations lie in a
zone known as the global
• It includes all of Western
Europe and North America, as
well as Japan and Australia.
• In developing nations, most people are poor.
• They do not have good schools or roads.
• Farming is the most common type of work
• Since most poorer nations lie south of the Equator, the.
developing world is called the global South.
• Much of Asia, Africa, and Latin America are in this zone.
• Certain problems are common to global South.
• Many developing nations are held back by unfavorable
climate, civil war, and dense population.
• They depend on the help from other countries.
• All these problems block progress.
• Both rich and poor nations , economic
growth can harm the environment.
• Industries use up natural resources.
• Factories pollute water, air, and soil.
• Accidents and errors threaten crops,
animals, and people.
• These are global concerns
Geography Population Economic Economic Political
& Poverty Dependence Politics Unrest
•Difficult climate •High Birthrate. •Dependence on •Unsuccessful • Quarrels
(dry spells, nations for attempts follow among
floods, manufactured socialism.
•Traditions goods & religious
windstorms. encourage technology. groups.
large families. •Inability of
•Few natural •Dependence on government to
resources. one crop. pay for big • Civil Wars.
food, housing, projects.
•Poor soil for jobs, medical •Heavy borrowing •Conflict
farming. care. from foreign •Spending on between
weapons Soviet efforts
•Hard to reach instead of to encourage
for trade (no health care, communism
ports, circled by education,
What is the difference between a developed
nation and a developing nation?
What is one way geography can get in the
way of economic development?