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Module 3 - Standard of Living 2024

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Key Outcomes
By the end of this module, you should be able to:
•
Distinguish between the terms ‘standard of living’ and ‘lifestyle’,
•
Explain the term ‘economic development’,
•
Identify and compare economic characteristics of self-sufficient, modern and rural
societies,
•
Compare the advantages and disadvantages of self-sufficient societies and modern
societies,
•
Identify environmental issues resulting from the impact of development on the
environment,
•
Indicate how the rate of economic growth affects the level of unemployment in a country,
•
Suggest ways of using resources more productively to promote a healthy environment.
2
“Standard of Living”
• How poorly or well people live.
• Material Comfort of a person
• Rural communities lower standard of
living than urban communities.
3
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•
•
Economic development changes lifestyle of communities.
Self-sufficient societies = Provide everything they need with no
outside help (don’t buy from shops, produce themselves)
I.t.o. economy, people in self-sufficient society:
- Communal lifestyle: Things belong to community not individual
- Labour divided according to gender, i.e. Men hunt, woman
gather food.
- Do not use money, trade oranges for neighbors potato's.
4
Modern Societies
• People do not produce all their goods and services
themselves.
• You get paid for your goods and services and can use the
money to buy other goods and services.
• People have individual lifestyles.
• Clear division of labour, some people are office workers
others work on farms.
5
Rural Societies
• Fall between self-sufficient and modern societies.
• Traditional rural communities, people have a form of
communal living and less division of labour than modern
society.
• They need money to satisfy needs and wants.
6
Complete the following activity:
• Activity 1.1 p31
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7
➢
Economic development:
• Process of growing and making progress in economy.
• Creates opportunities for people to improve standard of living.
8
➢
Impact of development (industrialization) on the environment:
• Air and water pollution and waste.
• Relying on dirty energy sources, contributing to global warming.
• Unsustainable use of resources, using natural resources faster than
they can replenish like overfishing and deforestation.
• Overpopulation, not enough resources for everybody.
• Environmental degradation: Destroying natural habitats for urban
growth.
•
Po
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Unemployment:
• Economic development lead to job creation.
• If economic growth is slow, there are fewer jobs.
• Unemployment 2024 is 33%.
We need to find a healthy balance between development and the
environment to create jobs, but also to ensure future resources.
•
Po
10
Complete the following activity:
• Activity 2.1 p33
• Revision Activity p34
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11
Summarize Module 3 in a Minimum of 2 pages.
Marks are awarded for including key information, as well as
neatness.
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12
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