in global city regions growth is quizlet

Of course, economic growth does not reflect everything we value.

In some countries, the quantity and quality of the goods and services underpinning these outcomes grew substantially over the past two centuries in others, they did not. Similarly, the history of economic growth is also the history of how large global inequalities emerged – in nutrition, health, education, basic infrastructure, and many other dimensions. The work of historians shows this was not the case in the past. In places that have seen substantial economic growth, few now go without food, almost all have access to education, and parents rarely suffer the loss of a child. The history of economic growth is, therefore, the history of how societies left widespread poverty behind.

Good health, nutrition, a place to live, education… Many of the things we care most about require goods and services produced by people: the care that nurses and doctors give the food we eat the homes we live in the education that teachers provide.Įconomic growth means an increase in the quantity or quality of the many goods and services that people produce.

In global city regions growth is quizlet